Consulting License Requirements Ontario

Summary

Consulting in Ontario typically doesnt need a specific license unless advising on regulated fields like engineering. Ensure business registration, tax compliance, and professional liability insurance. The cost of liability insurance varies, averaging $500 to $2,500 annually, depending on industry and coverage.

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How much is professional liability insurance?
The cost of professional liability insurance in Ontario can vary widely based on several factors, such as your field of consulting, the size of your business, and the coverage amount. Generally, it can range from a few hundred to several thousand dollars annually. It's best to get quotes from multiple insurers to find the best fit for your needs.
average cost of professional liability insurance
The average cost of professional liability insurance in Ontario can range from $* to $*,* annually. This depends on factors like your industry, business size, and coverage needs. For a more accurate estimate, it's advisable to get quotes from several insurance providers.