✕ dismiss
Your Complete Business Partner in Canada

Launch & Grow Your Business in Canada

Business registration, payroll management, accounting & tax — everything your Canadian business needs, under one roof. Bilingual support: English · French.

Free 30-minute consultation · No obligation · Expert guidance

FINTRAC
Licensed MSB
0%
Approval Rate
0+
Clients Served
2–3
Month Timeline
Services & Pricing Free Consultation
Business Setup
from $499
✓ Ontario Incorporation
✓ CRA Business Number
✓ HST/GST Registration
Payroll Management
from $99/mo
✓ CRA Remittances
✓ T4 / T4A Slips
✓ Direct Deposit
Accounting & Tax
from $300/mo
✓ Monthly Bookkeeping
✓ T1 / T2 Tax Returns
✓ HST/GST Filings
No commitment · Response within 24h
FINTRAC Registered
50+ Clients Served
Payroll Management
Free Consultation
Business Incorporation
CRA Compliant
T4 & T4A Filing
Bank-Grade Security
SR&ED Tax Credits
Fractional CFO Services
Bilingual EN · FR
Ontario Corporation
HST/GST Registration
99% Approval Rate
Newcomer Packages
USDC Transfers
AML/KYC Certified
Direct Deposit Payroll
Same-Day Onboarding
No Hidden Fees
FINTRAC Registered
50+ Clients Served
Payroll Management
Free Consultation
Business Incorporation
CRA Compliant
T4 & T4A Filing
Bank-Grade Security
SR&ED Tax Credits
Fractional CFO Services
Bilingual EN · FR
Ontario Corporation
HST/GST Registration
99% Approval Rate
Newcomer Packages
USDC Transfers
AML/KYC Certified
Direct Deposit Payroll
Same-Day Onboarding
No Hidden Fees
🇨🇦 🇫🇷
We speak your language — literally

Full bilingual support in English and French. We understand the unique challenges of launching a business as a newcomer — from navigating CRA for the first time to transferring capital from abroad.

500k+
Ukrainians in Canada
1M+
Poles in Canada
85%
Newcomers face financial barriers
$0
First consultation
Regulatory Status

Committed to Full Compliance

We operate with complete transparency and are committed to obtaining all required licenses before launching cryptocurrency services

FINTRAC Application Filed
Kraken Business Partnership Established
AML/KYC Procedures Implemented
Professional Compliance Team
Filed
Review
Approval
All Services

Everything your business needs — under one roof

From first incorporation to ongoing financial strategy — we handle it all so you can focus on growing.

Business Registration

NUANS search, Ontario/Federal incorporation, CRA Business Number, HST/GST, minute book, bank guidance. From $499.

Learn More →

Payroll Management

CPP/EI calculations, T4/T4A slips, ROE, CRA remittances, WSIB reporting, direct deposit. From $99/mo.

See Plans →

Accounting & Tax

T1/T2 corporate returns, bookkeeping, HST filings, audit support — stay financially compliant year-round.

Learn More →
NEW

Fractional CFO

Part-time Chief Financial Officer: cash flow dashboards, 3-year projections, strategy calls, investor readiness. From $1,000/mo.

Learn More →
NEW

SR&ED Tax Credits

Recover up to 35% of R&D expenses. We identify, document, and file your SR&ED claim — contingency fee, no upfront cost.

Calculate Savings →

FINTRAC Compliance

MSB registration, AML/KYC policy development, compliance officer training — full regulatory support.

Learn More →
Why Choose Us

Expert-Led Success

We don't just process applications — we guarantee results through proven expertise

99% Success Rate

Our clients get approved. We know exactly what FINTRAC looks for and deliver documents that meet their standards the first time.

2–3 Month Timeline

Fast-track your FINTRAC approval. While DIY approaches take 6–12 months, our streamlined process and FINTRAC compliance experience accelerate your timeline.

Proven Frameworks

Battle-tested AML/ATF policies, compliance procedures, and risk management systems used by successful businesses across Canada.

Dedicated Support

Your personal compliance expert guides you through every step, answers questions within hours, and advocates for you with regulators.

Post-Approval Care

Regulatory approval is just the start. We provide ongoing compliance monitoring, regulatory updates, and audit preparation to keep you compliant.

Money-Back Guarantee

If you're not satisfied with our service, we'll refund your consultation fees. We stand behind our work with complete confidence.

DIY vs Expert Guidance

See the difference professional expertise makes

← swipe to see Payon results →
Feature DIY Approach Payon Expert
Time to Complete FINTRAC Registration6–12 months2–3 months
Success Rate~40%99%
Document PreparationSelf-research requiredProfessional templates
Compliance FrameworksBuild from scratchProven AML/ATF policies
Ongoing SupportNoneUnlimited expert guidance
Risk of RejectionHigh (60%)Minimal (1%)
Post-Approval ComplianceFigure it out yourselfContinuous monitoring help
FINTRAC CommunicationDirect (stressful)Handled by experts
Investment Comparison
DIY looks free — until you factor in: 200–400 hours of your time, rejected applications ($1,000+ in govt fees per attempt), 6–12 months of delayed revenue, and ongoing compliance gaps that attract audits. Our clients launch 4–10 months earlier and avoid every one of these pitfalls.
DIY True Cost: $8,000–$20,000+ (time, errors & delays)
Payon Investment: $4,500–$15,000 (all-inclusive, transparent)
Client Success Stories

Trusted by Leading Canadian Businesses

See how we've helped businesses achieve compliance and grow with confidence

"

"Payon Finance transformed our compliance process. What we thought would take 6 months took just 6 weeks. Their expertise in FINTRAC registration is unmatched. The team was responsive, professional, and made the entire process seamless."

MC
Michael Chen
CEO, Toronto Payment Solutions
✓ FINTRAC approved in 42 days
"

"The AML/KYC framework Payon developed for us was exactly what we needed. FINTRAC had zero questions about our submission. Worth every penny — they saved us months of confusion and at least two rejections."

SK
Sandra Kowalski
COO, Northern Fintech Solutions
✓ Approved first submission
"

"We tried the DIY route first — spent four months going in circles. Payon had our FINTRAC approval done in 9 weeks. The infrastructure setup they provided was a complete game-changer for our business."

DA
David Asante
Founder, Global Remit Inc.
✓ Full financial operations
Money Transfer

Send money globally — including USDC

Deposit to your Payon Finance account in CAD, USD, or USDC — we convert and send to EU, UK, UAE, Australia and beyond. Flat $12 fee. 1–2 business days.

🇺🇸 USD 🇪🇺 EUR 🇬🇧 GBP 🇦🇪 AED ◎ USDC
FINTRAC Registered · Secure · $12 flat fee
Common Questions

Frequently Asked Questions

Get answers to the most common questions about FINTRAC compliance

The FINTRAC registration process typically takes 2–3 months with expert guidance. Without professional help, it can take 6–12 months with a significantly lower success rate. We streamline the process with proven frameworks and direct FINTRAC experience.

Required documents include: a detailed business plan, AML/KYC compliance policies, director and beneficial owner identification (with background checks), compliance officer designation, corporate registration documents, and a description of all intended financial activities. Our team handles preparation and organization of all materials.

Our packages range from $2,500 (Self-Service) to $7,500 (Professional) and $15,000+ (Enterprise). The initial 30-minute consultation is completely free. Government fees (~$1,000 CAD) and background checks (~$200/director) are separate. Payment plans available — 50% deposit, 50% upon license approval.

Cryptocurrency and digital transfer services are currently pending regulatory approval, targeting a Coming Soon launch. We've already established a Kraken Business partnership and implemented all required AML/KYC procedures. Join our priority waitlist to be among the first notified.

99% success rate (vs. ~40% DIY), 2–3 month timeline (vs. 6–12 months), and a money-back guarantee. Unlike generalist consultants, we focus exclusively on Canadian financial compliance with proven frameworks and dedicated post-approval support.

Our services are specifically designed for businesses operating in Canada or looking to establish Canadian operations. If you're a foreign company entering the Canadian market, we can help you set up the appropriate corporate structure and obtain the necessary licenses.

Get Started Today

Ready to Achieve Compliance?

Book a free 30-minute consultation with our compliance experts. No commitment required. Get personalized advice for your business.

Secure & Encrypted No credit card required Response within 24 hours 500+ businesses served
About Payon Finance

Your Complete Business Partner
in Canada

Business registration, payroll management, accounting, and FINTRAC compliance — everything your Canadian business needs under one roof. Bilingual support in English and French.

99%
License Approval Rate
2–3
Months Avg Timeline
50+
Successful Clients
100%
FINTRAC Compliant
Our Mission

Empowering Canadian businesses to operate legally and confidently

Payon Finance Inc. specializes in helping businesses navigate FINTRAC registration and navigate the complex landscape of FINTRAC compliance. We combine deep regulatory knowledge with practical implementation experience.

  • Transparent, step-by-step guidance throughout the licensing process
  • Comprehensive AML/KYC policy development and implementation
  • Ongoing compliance support and regulatory intelligence
  • Strategic partnerships with leading financial infrastructure providers
Our Commitment

We're committed to providing transparent, professional guidance throughout your compliance journey. From initial consultation to post-license compliance support, we're with you every step of the way.

Our Journey

From Advisory to Full Financial Services

Active Now — Current Phase

Professional Consulting Services

  • FINTRAC registration consultation
  • FINTRAC registration support
  • AML/KYC policy development
  • Compliance advisory services
  • Digital infrastructure planning
Next Phase — Coming Soon

Full Financial Operations

  • Direct currency exchange (CAD/USD/EUR/GBP)
  • USDC cryptocurrency services
  • Crypto-to-fiat via Kraken Business
  • International payment processing
  • Multi-currency account management
Our Core Values

Regulatory Excellence

Highest standards of compliance and regulatory knowledge.

Transparency

Clear communication about timelines, requirements, and costs.

Client Success

Your license approval and long-term compliance is our priority.

Innovation

Leveraging modern technology and best practices in finance.

Meet Our Experts

The Team Behind Your Success

SC
CAMS Certified

Sarah Chen

Founder & CEO

10+ years in FINTRAC compliance and financial services. Former regulatory consultant at Big 4 accounting firm.

MT
ACAMS Member

Michael Tremblay

Director of Compliance

Specializes in AML/KYC policies and FINTRAC reporting. Previously led compliance at major Canadian fintech.

JP
AWS Certified

Jessica Park

Technical Lead

Expert in financial infrastructure and crypto integrations. Built systems for 3 successful financial service launches.

Strategic Partners

Industry-Leading Partnerships

Crypto Infrastructure
Kraken Business

Cryptocurrency exchange infrastructure for institutional clients

Regulatory Body
FINTRAC

Canada's financial intelligence unit — our regulatory authority

Financial Services
Canadian Banks

Established banking relationships for financial operations

Technology
Compliance Software

AML/KYC screening and transaction monitoring solutions

Ready to Start Your Compliance Journey?

Schedule a free consultation to discuss your licensing needs.

Our Services

FINTRAC Compliance &
Financial Services

From FINTRAC registration to ongoing compliance — everything your Canadian business needs to stay regulated and financially healthy.

Essential4–6 weeks

FINTRAC Registration & Compliance

Expert guidance through FINTRAC registration and ongoing compliance requirements.

What's Included
  • FINTRAC registration process
  • Compliance program development
  • STR / LCTR / EFT reporting procedures
  • Compliance officer designation
  • Ongoing reporting support
  • Annual compliance review
Pricing
Contact for Quote
Ongoing packages available
  • Stay compliant with regulations
  • Professional report filing
  • Quarterly updates
Required3–4 weeks

AML/KYC Policy Development

Comprehensive anti-money laundering and know-your-customer policies tailored to your business.

What's Included
  • AML policy creation & documentation
  • KYC procedures development
  • CDD & EDD frameworks
  • Sanctions screening procedures
  • Risk assessment methodology
  • Staff training materials
Pricing
Contact for Quote
Staff training session included
  • FINTRAC-compliant policies
  • Customized to your business
  • Annual policy reviews
Enterprise6–8 weeks

Digital Financial Infrastructure

Build robust financial technology infrastructure for your financial operations.

What's Included
  • Banking relationship establishment
  • Payment processor integration
  • Multi-currency account setup
  • Kraken Business account setup
  • API integrations & webhooks
  • Compliance software selection
Pricing
Contact for Quote
Implementation support included
  • Scalable infrastructure
  • Security best practices
  • Technical support included
Transparent Pricing

Choose Your Package

No hidden fees. No surprises. Clear, honest pricing for every stage of your compliance journey.

DIY · Self-Service
Self-Service

For experienced founders who want guidance and templates.

$2,500
One-time fee
  • Complete documentation templates
  • FINTRAC application checklist
  • AML/KYC policy templates
  • Email support (within 48h)
  • Resource library access
  • Application review (1 round)
Enterprise · White Glove
Enterprise

Comprehensive solution for scaling businesses.

$15k+
Custom pricing
  • Everything in Professional, plus:
  • Kraken Business account setup
  • Banking partnerships facilitated
  • Technical infrastructure planning
  • API integration support
  • Ongoing compliance (12 months)
  • Dedicated Slack channel
  • Quarterly compliance reviews
Our Process

Simple, transparent steps to your FINTRAC approval

01
30 min

Free Consultation

Assess your needs and answer questions

02
1–2 days

Proposal & Agreement

Detailed scope, timeline, and pricing

03
2–4 weeks

Document Preparation

Gather and organize all required documents

04
1 week

Application Submission

Professional FINTRAC submission

05
6–10 weeks

Review & Approval

We handle all FINTRAC communications

06
Ongoing

Post-License Support

Compliance guidance and support

Ready to Start?

Book a free 30-minute consultation to discuss your needs.

COMMON QUESTIONS

Frequently Asked Questions

Everything you need to know about starting and running a business in Canada with Payon Finance.

Business Registration

An Ontario corporation ($499) lets you operate in Ontario only and use the word "Limited" in your name. A Federal corporation ($799) allows you to operate and use your name across all provinces. Federal is recommended if you plan to expand across Canada or if your business name is very specific (better name protection). Most small businesses start with Ontario incorporation.

Ontario incorporation typically takes 2–5 business days after we receive your documents. Federal incorporation is 10–15 business days. Rush processing is available for Ontario (24 hours). Our all-inclusive packages include all government fees so there are no surprise costs.

No. Work permit holders and some visitors can incorporate a Canadian company. You need a valid SIN number. The requirement is that at least 25% of directors must be Canadian residents (for Federal; Ontario has no such requirement). We'll advise on the right structure for your situation.

A corporate minute book is the official record of your company's legal and governance documents — articles of incorporation, shareholder/director registers, resolutions, and share ledgers. It's legally required in Ontario. If you're ever audited, sold the company, or apply for a business loan, you'll need it. We include minute book setup in all our packages.

Payroll Services

Our payroll service covers: gross-to-net salary calculation, CPP and EI deductions, income tax remittances to CRA, direct deposit, T4 and T4A slips at year-end, Records of Employment (ROE) for departing employees, WSIB reporting, and vacation pay tracking. Everything is handled — you just approve the payroll each period.

Most small businesses are regular remitters — remittances are due by the 15th of the month following the pay period. New employers remit by the 15th of the following month for the first year. We handle all remittance timing and submissions so you never miss a deadline or incur penalties.

CRA requires payroll taxes to be calculated and remitted in Canadian dollars, but you can choose what currency you pay employees in. We handle the conversion and reporting. Our transfer portal also allows sending salary payments internationally in CAD, USD, EUR, GBP, AED, AUD, and USDC.

CRA penalties for late remittances start at 3% for 1–3 days late, rising to 10% for more than 7 days late. Repeat offenders face 20% penalties. We monitor all deadlines and send you reminders — with our managed payroll service, late penalties are virtually eliminated.

Accounting & Tax

The T2 corporate tax return is due 6 months after your fiscal year-end. However, any taxes owed must be paid within 2 months of year-end (3 months for CCPCs). We track your fiscal year and file well before the deadline to avoid interest and penalties.

You must register for HST/GST when your worldwide taxable supplies exceed $30,000 in any 12-month period. We recommend registering from day one if you expect to reach this threshold — it allows you to claim input tax credits on business expenses. We handle the registration as part of our business setup packages.

Common deductions include: office rent or home office expenses, professional fees (accounting, legal), business insurance, vehicle expenses (business use portion), advertising and marketing, equipment and software (CCA), employee salaries, bank fees, and business travel. We'll help you identify every legitimate deduction to minimize your tax bill.

Fractional CFO & SR&ED

An accountant looks backward — they record what happened. A CFO looks forward — they plan where you're going. A Fractional CFO adds strategic financial leadership: cash flow forecasting, fundraising support, investor relations, pricing strategy, and building financial systems. Most growing businesses need both.

Likely yes, if you're doing anything beyond routine programming. Qualifying work includes: developing new algorithms, solving technical uncertainty in building software, creating novel AI/ML models, or overcoming previously unsolved technical challenges. The key test is technological uncertainty — if you weren't sure how to solve it, it likely qualifies. Get a free assessment to find out.

You can file retroactive SR&ED claims for the previous 3 fiscal years. Many businesses discover they've been doing qualifying R&D for years without claiming. Our team will review your past work to identify missed credits and file amendments.

FINTRAC Compliance

FINTRAC (Financial Transactions and Reports Analysis Centre of Canada) is Canada's financial intelligence agency. You must register as a Money Services Business (MSB) if you deal in foreign exchange, cryptocurrency, money transfers, or payment processing. Non-compliance carries fines up to $2M and criminal prosecution.

With expert guidance, registration typically takes 2–3 months. DIY applicants often take 6–12 months and have a much lower success rate. We've maintained a 99% success rate by preparing complete, compliant applications and addressing FINTRAC's questions proactively.

After registration, you must: maintain AML/KYC policies, file annual compliance reports, conduct employee training, perform transaction monitoring, file Suspicious Transaction Reports (STRs) when required, and renew your registration every 2 years. Our compliance support packages keep you audit-ready at all times.

Money Transfer & Client Portal

We support CAD, USD, EUR, GBP, AED, AUD, and USDC. Our exchange rates are competitive with major banks, typically 1–2% better. Transfers are processed within 1–3 business days (CAD/USD/EUR/GBP) or 2–4 business days (AED/AUD). USDC transfers settle within hours.

The client portal lets you manage your payroll, submit transfer orders, access documents, and configure your settings — all in one place. For transfers: you send funds to our Canadian bank account, specify the recipient and currency, and we send it to their account. The portal tracks the status of every transaction.

Yes. We are registered with FINTRAC, follow strict AML/KYC procedures, and hold client funds in a segregated account at a major Canadian bank. All transfers are fully documented and traceable. We carry professional liability insurance and comply with all FINTRAC reporting requirements.

Still have questions?

Book a free consultation — we answer all questions in English and French.

Get In Touch

Book Your Free Consultation

Schedule a free 30-minute consultation with our compliance experts. No commitment, no pressure — just expert guidance for your business.

Head Office

Mississauga, ON
Canada

Regulatory

FINTRAC Registration In Progress

Business Hours

Monday – Friday: 9:00 AM – 6:00 PM EST
Saturday: 10:00 AM – 2:00 PM EST
Response within 24 business hours

  • Free 30-minute expert call
  • Assess your compliance needs
  • Get a personalized roadmap
  • No obligation, no credit card

Send Us a Message

We'll get back to you within 24 business hours.

Your information is secure and encrypted. We never share your data.

Welcome back

Sign in to your client portal to manage payroll, transfers and documents.

Confirm Payroll Run

Review the payroll summary for June 28, 2026. We'll process all deductions and send CRA remittance automatically.

Pay PeriodJune 15 – June 28, 2026
Employees5 active employees
Gross Payroll$11,406.16 CAD
CPP Employer$569.04
EI Employer$288.49
Employee Deductions$2,231.00
Total CRA Remittance$3,088.53
Net to Employees$9,175.16 CAD
Transfer Order Submitted

We've received your transfer order. Processing begins once deposit is confirmed.

ReferencePF-TR-0842
You Send$1,000 CAD
Recipient Gets671.00 EUR
Transfer Fee$12 CAD
Timeline1–2 business days
StatusAwaiting Deposit
Deposit $1,012 CAD (amount + fee) to your Payon Finance account and include reference PF-TR-0842.
📊 Accounting Services

Professional Accounting
for Canadian Businesses

From bookkeeping to corporate tax — we handle your numbers so you can focus on growing your business. CRA-compliant, accurate, and delivered on time.

CRA
Compliant
0%
Accuracy Rate
T1 & T2
Tax Returns
24h
Response Time
What We Offer

8 Core Accounting Services

Everything your Canadian business needs to stay financially organized and tax-compliant.

📚

Bookkeeping

Monthly & quarterly financial records, bank reconciliation, expense categorization, and financial reporting.

From $300/month
🏢

Corporate Tax (T2)

Full corporation income tax return preparation, filing, and CRA correspondence on your behalf.

From $1,200/year
👤

Personal Tax (T1)

Individual income tax returns including all schedules — self-employed, rental income, investments.

From $150/return
📊

HST/GST Filing

Quarterly and annual HST/GST remittances, input tax credit claims, and CRA account management.

From $200/quarter
💰

Payroll Management

Employee payroll processing, source deductions, T4 preparation, Records of Employment (ROEs).

From $150/month
📋

Financial Statements

Compiled balance sheets, income statements, cash flow statements, and management reports.

From $800/year
🛡️

CRA Audit Support

Full representation during CRA audits, document preparation, appeals, and correspondence management.

From $150/hour
🎯

Virtual CFO

Strategic financial planning, cash flow forecasting, budgeting, and executive-level financial advisory.

From $1,500/month
Transparent Pricing

Simple Monthly Packages

No hidden fees. Cancel anytime. Start with a free consultation.

Essentials
Starter

For small businesses and sole proprietors getting organized.

$400
/month + applicable taxes
  • Monthly bookkeeping (up to 100 transactions)
  • Quarterly HST/GST filing
  • Monthly financial summary report
  • Bank & credit card reconciliation
  • Email support (48h response)
  • Cloud accounting setup (QuickBooks/Wave)
Full-Service
Enterprise

For established companies needing a dedicated finance team.

$2k+
/month — custom pricing
  • Everything in Professional, plus:
  • Virtual CFO services
  • Unlimited payroll employees
  • Monthly management reports
  • Cash flow & budget forecasting
  • CRA audit support included
  • Dedicated Slack channel
Our Process

How It Works

🗓️

1. Free Consultation

30-minute call to understand your business needs and recommend the right package.

📂

2. Document Setup

We connect to your bank accounts and accounting software, or help you set one up.

⚙️

3. Monthly Service

We handle your books every month — you get clean reports, on time, every time.

📅

4. Tax Season

We prepare and file all required returns (T1, T2, HST/GST) before every deadline.

📊

5. Annual Review

Year-end review, tax planning for next year, and compliance calendar updates.

🔄

6. Ongoing Support

Year-round CRA communications, questions answered, and advisory on demand.

Get Started

Ready to Clean Up Your Books?

Free 30-minute consultation — no commitment, no credit card required.

CRA Compliant Response within 24 hours 100+ clients served Secure & Confidential
Pay Online

Pay Securely From
Anywhere in the World

We accept payments in multiple currencies via card, bank transfer, Wise, and Interac — so you can pay easily no matter where you are.

1

Select Your Service

FINTRAC Registration & Compliance
from $2,500 CAD
AML/KYC Policy Development
from $2,000 CAD
Full Compliance Package
from $7,500 CAD
Bookkeeping — Monthly
from $300 CAD/mo
Corporate Tax Return (T2)
from $1,200 CAD
Personal Tax Return (T1)
from $150 CAD
2

Choose Your Currency

🇨🇦
CAD
Canadian Dollar
🇺🇸
USD
US Dollar
🇪🇺
EUR
Euro
🇬🇧
GBP
British Pound
🇦🇪
AED
UAE Dirham
🇦🇺
AUD
Australian Dollar
💡 Rates are approximate. Final amount confirmed at payment. Exchange rates updated daily.
3

Choose Payment Method

💳
Credit / Debit Card
Visa, Mastercard, American Express
Instant International Secure
🇨🇦
Interac e-Transfer
Canadian bank accounts only
CAD Only No Fees Fast
🌍
Wise Transfer
Best rates for international payments
50+ Currencies Low Fees
🏛️
Wire Transfer (SWIFT)
Direct bank transfer for large amounts
International 2–3 days

Payment Summary

Estimates only
Service— Select a service above
Currency🇨🇦 CAD
Payment Method— Select above
Estimated Amount

🔒 All transactions are encrypted and secure. For questions: office@payon.finance · +1 (365) 886-8444

🔒
256-bit SSL
Bank-grade encryption
🌍
8 Currencies
CAD, USD, EUR, GBP +4
Fast Processing
Confirmed within 2h
📧
Receipt Issued
Instant email confirmation
Payroll Services

Professional Payroll for
Canadian Businesses

We handle all calculations, T4 filings, and CRA remittances — so you focus on growing your business. Fully bilingual. 100% compliant.

Free 30-minute setup call · No long-term contracts · Cancel anytime

What's Included

Everything your payroll needs,
handled for you

No surprises, no missed deadlines. Full ownership of your payroll process.

CPP & EI Calculations

Accurate Canada Pension Plan and Employment Insurance deductions for every employee, every pay period.

T4 & T4A Preparation

Year-end T4 and T4A slips prepared and filed with the CRA on time — zero stress for your team.

ROE Management

Record of Employment issued promptly when employees leave — critical for EI claims, handled correctly.

CRA Remittances

Monthly source deduction remittances filed on time, every time. Never miss a CRA deadline again.

WSIB Reporting

Workplace Safety and Insurance Board premiums calculated and reported quarterly for Ontario businesses.

Direct Deposit Setup

Employee direct deposit configuration and digital pay stub delivery — on time, every pay cycle.

Pricing

Simple plans, no hidden fees

All plans include CRA filings, direct support, and zero setup fees.

Solo
Self-Employed
$99/mo

For owner-operators and freelancers with no employees yet.

  • Owner only (1 person)
  • Quarterly CRA remittances
  • T4/T4A year-end filing
  • Income tracking
Small Team
Starter
$199/mo

For small businesses with up to 5 employees.

  • Up to 5 employees
  • Monthly CRA remittances
  • T4 slips for all staff
  • ROE management
  • CPP/EI calculations
MOST POPULAR
Growing Business
Professional
$349/mo

Full-service payroll for teams up to 15 employees.

  • Up to 15 employees
  • Bi-weekly payroll runs
  • All T4/ROE management
  • WSIB reporting
  • Direct deposit setup
  • Dedicated payroll specialist
Enterprise
Custom
Let's Talk

For 15+ employees or complex multi-province payroll needs.

  • Unlimited employees
  • Multi-province payroll
  • Benefits administration
  • HR integration support
  • Priority dedicated support
Process

How it works

1
Onboarding Call

We review your business structure, number of employees, and pay schedule in a 30-minute call.

2
Send Your Hours

Each pay period, send us timesheets or connect your scheduling software. We calculate everything.

3
Review & Approve

You review the payroll summary, approve, and employees receive direct deposits on time.

4
We File the CRA

All remittances, T4s, and compliance filings handled automatically. You get confirmations.

Start Today

Ready to simplify your payroll?

Free 30-minute setup consultation. We handle everything from day one.

Business Registration

Start Your Business
in Canada — We Handle Everything

From incorporation to your first payroll — we guide you through every step. Fully bilingual support in English and French.

Free 30-minute consultation · Fast turnaround · Bilingual support

What We Handle

Everything to launch your business

We handle all paperwork, registrations, and filings — you focus on your idea.

Business Name Search (NUANS)

We search and reserve your business name to ensure it's unique and available across Canada.

Provincial Incorporation (Ontario)

Articles of Incorporation filed with the Ontario government. Fast, compliant, affordable. 5–7 business days.

Federal Incorporation

Operate nationwide under a federal charter. Ideal for businesses planning to expand beyond Ontario.

CRA Business Number (BN)

Your company's tax identity in Canada. Required before you can open a business bank account or hire employees.

HST/GST Registration

Mandatory when revenue exceeds $30,000. We register you and explain your quarterly reporting obligations.

Corporate Minute Book

All corporate documents organized and maintained — essential for banking, investors, and CRA audits.

Business Bank Account Guidance

We prepare all required documents and help you choose the right bank for your business type and needs.

Annual Return Filing

Annual corporate filing with the government — we remind you and file on your behalf every year, on time.

Launch Packages

Choose your launch package

All packages include a free consultation and dedicated support throughout the process.

Starter
Ontario Business
$499

Everything to register your Ontario corporation and start operating legally — fast and hassle-free.

  • NUANS name search
  • Ontario incorporation
  • CRA Business Number
  • HST/GST registration
  • Corporate minute book
  • Bank account document prep
BEST VALUE
Professional
Federal Business
$799

Federal incorporation + full CRA setup. Operate in all Canadian provinces from day one.

  • Everything in Starter
  • Federal (Canada-wide) incorporation
  • Extra-provincial registration (ON)
  • Shareholder agreement template
  • 1 year registered agent service
  • Priority processing (5 business days)
Premium
Complete Launch
$1,499

Everything to launch + 1 full year of tax compliance + first corporate tax return included.

  • Everything in Professional
  • 1st year T2 corporate tax return
  • Quarterly HST/GST filings (year 1)
  • Payroll setup (if hiring)
  • Monthly financial consulting (year 1)
  • CRA audit protection, year 1
🇨🇦 🇫🇷
Starting a business as a newcomer? We've been there.

Our team understands the specific challenges of launching a business as a newcomer to Canada — from navigating the CRA for the first time, to understanding incorporation types, to transferring startup capital from abroad. We've helped hundreds of newcomer entrepreneurs launch their first Canadian business.

500k+
Ukrainians in Canada
1M+
Poles in Canada
5–7
Days to incorporate
$0
Consultation cost
Ready to Launch?

Your Canadian business starts today

Free 30-minute consultation — no commitment, no pressure. We handle the rest.

EXECUTIVE FINANCIAL LEADERSHIP

Fractional CFO Services

Get C-suite financial strategy without the C-suite salary. We embed as your part-time CFO to drive growth, attract investors, and optimize your financial engine.

WHAT IS A FRACTIONAL CFO?

Senior financial leadership,
on your terms

A Fractional CFO is a seasoned financial executive who works with your company part-time. You get the strategic vision of a full-time CFO at a fraction of the cost — ideal for growing businesses that need expertise without a $200K+ salary commitment.

📊

Cash Flow Management

Real-time cash flow monitoring, 13-week rolling forecasts, and proactive strategies to ensure you never run out of runway.

🔮

Financial Projections

3-year financial models, scenario planning, and KPI dashboards that turn your vision into a bankable business plan.

🤝

Investor Readiness

Pitch deck financials, cap table modeling, due diligence preparation, and guidance through term sheet negotiations.

⚙️

Systems & Automation

Implement accounting systems, automate reporting, and build the financial infrastructure that scales with your growth.

🏦

Banking & Financing

Loan applications, government grants (IRAP, CDAP), credit line negotiations, and relationships with Canadian business banks.

📋

M&A Support

Financial due diligence, business valuation, deal structuring, and integration planning for acquisitions or exits.

WHO NEEDS A FRACTIONAL CFO?
Startups raising their first round of funding
Businesses with $500K–$10M in annual revenue
Companies preparing for acquisition or partnership
Founders overwhelmed by financial complexity
Businesses applying for government grants or loans
Companies outgrowing their bookkeeper or accountant
TRANSPARENT PRICING

Choose your engagement level

Starter
$1,000/mo

Up to 4 hours/month. Monthly financial review, KPI report, and email support.

  • ✓ Monthly P&L analysis
  • ✓ Cash flow overview
  • ✓ 1 strategy call/month
  • ✓ Email Q&A support
MOST POPULAR
Growth
$2,000/mo

Up to 10 hours/month. Active financial management plus strategic guidance.

  • ✓ Everything in Starter
  • ✓ 13-week cash flow forecast
  • ✓ Budget vs. actual reporting
  • ✓ 2 strategy calls/month
  • ✓ Investor intro support
Executive
$3,500/mo

Up to 20 hours/month. Full strategic CFO partnership with weekly touchpoints.

  • ✓ Everything in Growth
  • ✓ Weekly check-in calls
  • ✓ Fundraising support
  • ✓ Board meeting prep
  • ✓ M&A / exit readiness
HOW IT WORKS

Up and running in 5 days

1

Discovery Call

Free 30-min call to understand your needs and goals

2

Financial Audit

Review your current financials, systems, and key metrics

3

90-Day Plan

Custom financial roadmap with quick wins and long-term goals

4

Ongoing Partnership

Regular calls, reporting, and always-available support

Ready to get a financial edge?

Book a free 30-minute strategy call. No commitment required.

SCIENTIFIC RESEARCH & EXPERIMENTAL DEVELOPMENT

Recover Up to 35% of Your R&D

The SR&ED program is Canada's most generous tax incentive. Most businesses that qualify don't know it — our specialists find and claim every dollar you're owed.

$4B+

Paid out annually by CRA to Canadian businesses

35%

Maximum refundable credit rate for CCPCs

20%

Credit rate for larger corporations and non-refundable

3 yrs

Can claim retroactively for past tax years

DO YOU QUALIFY?

More work qualifies than
you think

💻

Software Development

New algorithms, novel architectures, overcoming technical uncertainty in building software products.

🏭

Manufacturing & Engineering

Process improvements, prototype development, material testing, and production optimization.

🧪

Life Sciences & Biotech

Drug development, clinical trials, medical device innovation, and formulation research.

🌱

Clean Tech & Energy

Renewable energy systems, environmental technology, sustainable processes and materials.

🤖

AI & Machine Learning

Training novel models, advancing ML methods, developing AI-powered products beyond existing knowledge.

🏗️

Architecture & Construction

Novel building materials, innovative structural systems, experimental construction techniques.

ELIGIBLE EXPENSES
  • Salaries & wages for R&D staff
  • Subcontractor costs (65% eligible)
  • Materials consumed in experiments
  • Third-party payments for SR&ED
  • Lease costs of equipment used in R&D
  • Overhead (proxy method: 55% of salaries)
THE 3 KEY CRITERIA
Technological Uncertainty

You were trying to overcome a challenge where the solution wasn't known

Technological Advancement

Your work aimed to advance knowledge in a technical field

Systematic Investigation

Work was conducted through experimentation and hypothesis testing

OUR PROCESS

We handle everything

Our SR&ED specialists identify, document, and file your claim. You focus on innovation — we handle the paperwork.

STEP 01

Free Assessment

We review your business activities to identify SR&ED eligible work. Zero cost, zero commitment.

STEP 02

Technical Documentation

Our SR&ED writers craft compliant technical narratives that satisfy CRA reviewers.

STEP 03

Financial Calculations

We maximize your claim by accurately calculating all eligible expenditures and applying the best method.

STEP 04

Filing & Follow-up

We file with CRA and handle any review or audit correspondence on your behalf.

OUR FEE MODEL

Contingency-based: we only win when you win

No upfront fees. We charge a percentage of the credit we recover — so our incentives are perfectly aligned with yours.

15–20%

of recovered credits (contingency)

$0

if we don't recover anything

Don't leave money on the table

Get a free SR&ED assessment — most businesses are surprised by how much they qualify for.

NEWCOMER BUSINESS STARTER PACKAGE

Your Canadian Dream,
Starts Here 🇨🇦🇫🇷

Everything a newcomer needs to launch a legitimate, CRA-compliant business in Canada — in one complete package, in your language.

🗣️

Bilingual Support

English and French speaking advisors. No language barrier when it matters most.

Fast-Track Setup

Your business registered and operational in as little as 2 weeks from start to finish.

🎯

Newcomer Expertise

We've helped 50+ newcomer entrepreneurs build thriving businesses in Ontario.

💼

Complete Package

One price, one team, zero hidden costs. From incorporation to first invoice — we're with you.

WHAT'S INCLUDED

Everything in one package

BUSINESS FORMATION
  • Ontario incorporation (numbered or named)
  • Business Number (BN) registration
  • HST/GST registration
  • Corporate minute book setup
  • Shareholder & director setup
  • Business bank account guidance
FINANCIAL SETUP
  • First-year corporate tax return (T2)
  • Accounting software setup (QuickBooks)
  • First 3 months bookkeeping included
  • CRA account setup & access
  • Invoice template & billing setup
  • Payroll setup (if applicable)
ADVISORY & SUPPORT
  • 2 strategy calls (30 min each)
  • Newcomer business guide (EN/UA/PL)
  • Canadian tax calendar & reminders
  • Business structure recommendation
  • 30-day priority email support
  • Client portal access
PACKAGE PRICING
$1,799

All-inclusive. Government fees included. No surprises.

Compare: Individual services would cost $2,800+
You save $1,000+ with the package
YOUR JOURNEY

From idea to open for business

1

Free Newcomer Consultation Day 1

30-minute call in English or French. We understand your goals, suggest the right business structure, and explain your options.

2

Document Collection Days 1–3

Simple checklist of what we need: SIN, PR card or work permit, address, business name ideas. Secure portal upload — no in-person visits required.

3

Incorporation & Registration Days 3–7

We file your corporation with Ontario, register your BN and HST/GST with CRA. You receive your Certificate of Incorporation and official documents.

4

Financial Setup & Banking Days 7–10

We set up your accounting software, create invoice templates, and guide you through opening a business bank account at TD, RBC, or Scotiabank.

You're Open for Business! Day 14

Legal company, CRA accounts, accounting system, banking — everything ready. Start serving clients and growing your Canadian dream.

COMMUNITY STORIES

Newcomers who made it happen

★★★★★

"Переїхав до Канади у 2022 і не знав з чого починати. Payon Finance зробили всю роботу за мене — за 2 тижні я вже мав компанію і рахунок у банку."

О
Олексій К.
IT Consultant, Kyiv → Toronto
★★★★★

"As a newcomer, I was worried about navigating the tax system. The team explained everything clearly in English and my business was running smoothly within weeks."

M
Martin W.
Carpenter & Contractor, Paris → Mississauga
★★★★★

"Дуже вдячна за підтримку на кожному кроці. Від назви компанії до першого рахунку — все пройшло ідеально. Тепер маю 3 клієнтів і плануємо розширення!"

Н
Наталія Б.
Graphic Designer, Lviv → Ottawa
FREQUENTLY ASKED

Common newcomer questions

Can I incorporate as a newcomer without PR? +

Yes! Work permit holders and even some visitors can incorporate a Canadian company. You need a valid SIN and at least one director must be a Canadian resident (we can advise on structure).

How long does incorporation take? +

Ontario incorporation typically takes 2–5 business days after we receive your documents. Federal incorporation is 10–15 days. With rush processing available, we can often do it in 24 hours.

Do I need to come in person? +

No. Everything is 100% remote. Document collection via our secure portal, calls via Zoom, and all signatures through DocuSign. We serve clients across Ontario and Canada.

What about after the package — what are ongoing costs? +

After the initial setup, you'll need annual accounting (from $699/yr for simple returns) and corporate tax filing. We offer bundled ongoing packages from $99/month that cover bookkeeping and annual filing.

🇨🇦🇫🇷

Your Canadian business
starts with one call

Free 30-minute consultation. We speak English & French.

LEGAL

Terms & Conditions

Please read these terms carefully before using Payon Finance services.

1. About Payon Finance Inc.

Payon Finance Inc. ("Payon Finance", "we", "us", or "our") is a federally registered Money Services Business (MSB) operating under the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (PCMLTFA), supervised by FINTRAC. Our head office is located in Mississauga, Ontario, Canada. We provide payroll processing, international money transfers, business registration, and accounting services to clients across Canada.

2. Acceptance of Terms

By accessing our website, portal, or engaging any of our services, you confirm that you have read, understood, and agree to be bound by these Terms & Conditions. If you do not agree, you must not use our services. These terms apply to both individual and business clients.

3. Eligibility & Client Verification (KYC)

Before any money transfer or regulated financial service is initiated, all clients must complete our Know Your Customer (KYC) verification process. This includes:

  • Submission of a valid, government-issued photo ID (passport, driver's licence, or provincial ID)
  • Proof of current residential or business address (utility bill, bank statement, or official government document dated within 90 days)
  • Additional documentation may be requested at our discretion for enhanced due diligence (EDD)

We reserve the right to decline or suspend service to any client who fails to meet our verification requirements or whose transactions raise compliance concerns.

4. International Money Transfers

The following conditions apply to all international transfer services:

  • Transfer Fee: A flat fee of $12.00 CAD applies to every transfer transaction. This fee is deducted or added to the total amount deposited and is clearly disclosed at the time of confirmation.
  • Exchange Rates: Any exchange rates displayed on our website or platform are indicative only and may change at any time. The rate applicable to your transfer is locked in only at the moment of your explicit confirmation of the transaction.
  • Processing Time: Transfers are processed within 1–2 business days after we receive and confirm your deposit. Processing times may be extended due to bank holidays, compliance holds, or third-party delays outside our control.
  • No Refunds: Once a transfer has been processed and funds dispatched, no refunds will be issued. If you believe an error has occurred, contact us immediately at office@payon.finance before the transfer is executed.

5. Payroll, Accounting & Business Registration

Payroll processing, accounting, tax filing, and business registration services are provided subject to separate service agreements and pricing schedules confirmed at the time of engagement. Timelines, deliverables, and fees are outlined in the applicable service proposal or engagement letter provided to the client.

6. FINTRAC Compliance & Reporting Obligations

As a registered MSB, Payon Finance is legally required to comply with all obligations under PCMLTFA and FINTRAC regulations. This includes:

  • Retention of client identification and transaction records for a minimum of five (5) years
  • Reporting of Large Cash Transactions (LCTs), Electronic Funds Transfers (EFTs), and Suspicious Transaction Reports (STRs) to FINTRAC as required by law
  • Ongoing monitoring of client activity and risk assessment

By using our services, you consent to the collection, use, and disclosure of your personal and financial information as required by applicable law.

7. Prohibited Use

Our services are offered strictly for lawful business and personal financial purposes. You agree that you will not use Payon Finance services, directly or indirectly, for:

  • Money laundering, terrorist financing, or any activity prohibited under Canadian or international law
  • Circumventing tax obligations or regulatory reporting requirements
  • Transactions involving sanctioned individuals, entities, or jurisdictions
  • Any fraudulent, deceptive, or unlawful purpose

Any suspected misuse will be reported to FINTRAC and relevant law enforcement authorities.

8. Limitation of Liability

Payon Finance shall not be liable for any indirect, incidental, or consequential damages arising from the use of our services, including but not limited to losses resulting from currency fluctuations, third-party bank delays, or force majeure events. Our aggregate liability shall not exceed the fees paid by the client for the specific transaction giving rise to the claim.

9. Governing Law & Dispute Resolution

These Terms & Conditions are governed by and construed in accordance with the laws of the Province of Ontario and the federal laws of Canada applicable therein. Any dispute arising out of or relating to these terms or our services shall be subject to the exclusive jurisdiction of the courts of Ontario, Canada.

10. Contact Us

For questions, concerns, or complaints regarding these Terms & Conditions or our services, please contact:

11. Changes to These Terms

We reserve the right to update these Terms & Conditions at any time. Material changes will be communicated via our website. Continued use of our services after any update constitutes acceptance of the revised terms.

Last Updated: June 2026  |  Language: English only

LEGAL

Privacy Policy

How Payon Finance Inc. collects, uses, and protects your personal information.

Last Updated: June 2026

1. About This Policy

Payon Finance Inc. ("Payon Finance", "we", "us", or "our") is a Canadian corporation registered in Ontario and a Money Services Business (MSB) registered with the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC). We provide payroll processing, international money transfers, business registration assistance, and accounting services. This Privacy Policy explains how we collect, use, disclose, and safeguard personal information in compliance with the Personal Information Protection and Electronic Documents Act (PIPEDA) and applicable provincial legislation.

2. Information We Collect

We collect personal information that is necessary to provide our services and meet our legal obligations, including:

  • Full legal name and date of birth
  • Residential and business address
  • Government-issued identification (e.g., passport, driver's licence, permanent resident card)
  • Proof of address documentation
  • Banking and financial account information
  • Payroll data (employee compensation, deductions, tax information)
  • Business registration details and corporate documents
  • Contact information (email address, phone number)

We collect this information directly from you, from authorized representatives, or from third-party sources where permitted by law.

3. How We Use Your Information

We use your personal information to: deliver and administer the services you have requested; verify your identity and comply with Know Your Customer (KYC) obligations; process payroll and remit statutory deductions to the Canada Revenue Agency (CRA); execute international money transfers; register businesses with relevant provincial and federal authorities; prepare financial statements and tax returns; communicate with you regarding your account; and detect and prevent fraud or other unlawful activity.

4. FINTRAC Obligations

As a registered MSB, Payon Finance is subject to the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (PCMLTFA) and its regulations. We are legally required to: verify the identity of clients before providing certain financial services; collect and retain records of transactions and client identification for a minimum of five (5) years; and report certain transactions to FINTRAC, including large cash transactions, electronic funds transfers, suspicious transactions, and terrorist property reports. These obligations exist independently of your consent and cannot be waived.

5. Disclosure to Third Parties

We do not sell, rent, or trade your personal information to any third party for commercial or marketing purposes. We may share your information only:

  • With government and regulatory authorities as required by law (including FINTRAC, CRA, and corporate registries)
  • With service providers acting on our behalf under strict confidentiality agreements
  • With financial institutions necessary to complete your transactions
  • With your explicit written consent

6. Cookies and Website Data

Our website uses cookies and browser localStorage to improve your experience, remember your preferences, and support functional features such as currency calculators and form state. We do not use tracking cookies for advertising purposes. By continuing to use our website, you consent to this use. You may disable cookies in your browser settings; however, some site features may not function correctly as a result.

7. Data Retention and Security

We retain personal information for as long as necessary to fulfill the purposes for which it was collected, and in any event for the minimum periods required by law — including the five-year FINTRAC retention requirement. We implement reasonable administrative, technical, and physical safeguards to protect your information against unauthorized access, disclosure, alteration, or destruction.

8. Your Rights Under PIPEDA

Subject to applicable legal exceptions, you have the right to: access the personal information we hold about you; request correction of inaccurate or incomplete information; withdraw consent to certain uses of your information where consent is the legal basis; and file a complaint with the Office of the Privacy Commissioner of Canada if you believe we have mishandled your information.

9. Contact Us

To exercise your rights or ask questions about this policy, please contact our Privacy Officer:

We will respond to written requests within 30 days as required by PIPEDA. If you are not satisfied with our response, you may contact the Office of the Privacy Commissioner of Canada at www.priv.gc.ca.

This Privacy Policy may be updated periodically. Material changes will be posted on this page with a revised "Last Updated" date. Continued use of our services after such changes constitutes acceptance of the updated policy.  |  Last Updated: June 2026  |  Language: English only