Remove a partner. Add a partner
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Remove a partner. Add a partner

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This topic contains 1 reply, has 1 voice, and was last updated by Avatar of Robert Robert 4 years, 9 months ago.

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  • #5258
    Avatar of Robert
    Robert
    Member

    We have a question from a client:
     
    How can I remove a partner from my business? Also, is it possible to add a partner to a Sole Proprietorship?

    #5259
    Avatar of Robert
    Robert
    Member

    Different provinces have different regulations for swapping partners from a partnership, however, most provinces will allow a partner swap so long as you maintain a minimum of two partners at all times. It is unfortunately not possible to convert a partnership into a sole proprietorship – similarly, you may not add a partner to a sole proprietorship. These require distinct registrations altogether.

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