To incorporate or not to incorporate as a freelancer

So you want to work for yourself? AMAZING! Congratulations on making a fantastic decision.

But do you actually need to formally incorporate a company, and what does that mean?

For most freelancers, the answer is no, you don’t need to incorporate, with a few exceptions:

  1. You want to ensure if your business goes bust, your personal assets are protected
  2. You plan to get outside investors