dkpglobal.org dkpglobal.org

15+ Years experience

dkpglobal.org

Professional Accounting & Payroll Services in Canada

DKP Global provides end-to-end accounting, bookkeeping, and payroll services across Canada — including monthly bookkeeping, CRA payroll remittance, T4 slip filing, HST/GST returns, and T2 corporate tax filing. Our ACCA-UK, CA, and CS certified team serves small businesses, Indian immigrants, newcomers, and international entrepreneurs across BC, Ontario, Alberta, and PAN Canada — all services available remotely. 250+ businesses served across India, Canada, and USA.

What We Offer

Business Setups

Professional assistance with business registration and company incorporation processes.

Expert guidance on selecting the right business structure based on your goals and operational requirements.

Support with obtaining required business licenses, permits, and regulatory approvals.

Accurate preparation and management of legal, financial, and registration documents.

Assistance with tax registrations, compliance setup, and regulatory requirements.

Strategic support for entrepreneurs planning to launch and scale their businesses successfully.

dkpglobal.org

Why Choose

Our Business Setup Services

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Hassle-free business registration process

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Expert guidance from experienced professionals

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Faster and more efficient setup support

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Reduced compliance and documentation risks

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Tailored solutions for startups and businesses

dkpglobal
DKP GLOBAL

Who We Serve?

  • DKP GLOBAL

    We support startups, SMEs, entrepreneurs, and growing businesses across various industries with customised bookkeeping solutions tailored to their operational needs.

Turn Your Business Idea Into Reality

Contact us to start your business journey
  • 250
    +
    Client Serves
  • 15
    +
    Years of Experience

Our Accounting & Payroll Services — Complete List

DKP Global provides a complete suite of accounting, payroll, and financial compliance services for Canadian businesses. Whether you are a newly incorporated startup or an established company looking for a reliable accounting partner — we handle everything under one roof.

Service

What We Do

Who Needs It

DKP Handles?

Bookkeeping (Monthly)

Transaction recording, bank reconciliation, financial statements

All businesses

Payroll Processing

Pay runs, CRA remittances, ROE, employee records

Businesses with staff

T4 & T4A Slip Filing

Year-end employer filings with CRA

All businesses with employees

HST/GST Filing

Quarterly/annual HST returns, ITC maximization

HST-registered businesses

T2 Corporate Tax Return

Annual corporate tax filing with CRA

All corporations

Financial Statements

Monthly/quarterly P&L, balance sheet, cash flow

All businesses

Management Reporting

KPI dashboards, budget vs actuals, board packs

Growing businesses

Virtual CFO Services

Financial strategy, forecasting, investor reporting

SMEs & startups

CRA Correspondence

Respond to CRA queries, audits, notices

All businesses

FEMA / India-Canada Cross-Border

ODI compliance, DTAA advisory, repatriation guidance

Indian-owned companies

 

Bookkeeping Services Canada — What We Do Monthly

Accurate bookkeeping is the foundation of every well-run Canadian business. Our monthly bookkeeping service covers:

  • Transaction recording — all sales, purchases, expenses, and bank transactions recorded in Xero or QuickBooks Online
  • Bank & credit card reconciliation — ensuring your books match your bank statements every month
  • Accounts receivable management — tracking outstanding invoices and client payments
  • Accounts payable management — recording vendor bills and tracking payment due dates
  • Monthly financial statements — Profit & Loss (Income Statement), Balance Sheet, and Cash Flow Statement delivered by the 15th of each month
  • HST/GST input tax credit (ITC) maximization — ensuring every eligible business expense generates an ITC claim

Software: DKP Global works with Xero Canada and QuickBooks Online — the two most widely used cloud accounting platforms across BC, Ontario, and Alberta. We set up your chart of accounts from scratch, migrate from spreadsheets or legacy software, and give you real-time dashboard access to your financials.

Also Read- Bookkeeping for Small Business in Canada

Payroll Processing Canada — Step by Step

Running payroll in Canada involves more than issuing paycheques. Each pay run triggers CRA obligations — CPP contributions, EI premiums, income tax deductions — that must be remitted to the government on time. DKP Global manages the complete payroll cycle:

#

Step

What Happens

Timing

Step 1

Payroll Setup

Register CRA RP account, set up employee profiles, confirm pay frequency

Week 1

Step 2

Calculate Gross Pay

Hours × rate (hourly) or salary ÷ pay periods — including overtime

Each pay run

Step 3

Calculate Deductions

CPP contributions + EI premiums + federal/provincial income tax (TD1)

Each pay run

Step 4

Net Pay to Employees

Direct deposit or cheque — payslips issued to each employee

Pay date

Step 5

CRA Payroll Remittance

Remit CPP + EI + income tax withheld to CRA by 15th of following month

Monthly

Step 6

Record of Employment (ROE)

Issue ROE within 5 days when employment ends or interrupts

As needed

Step 7

T4 Slip Preparation

Prepare T4 slips for each employee showing annual earnings + deductions

February (annual)

Step 8

T4 Summary Filing

File T4 Summary with CRA by February 28 (or 29 in leap year)

February 28

⚠ Critical: Missing CRA payroll remittance deadlines attracts penalties of 3% (1–3 days late), 5% (4–5 days), 7% (6–7 days), and 10% (8+ days). Repeat failures: 20% penalty. DKP Global sets up automated remittance reminders and handles submission on your behalf.

Year-End Compliance — T4 Filing & Corporate Tax Return

T4 Slip Filing

Every Canadian employer must prepare T4 (Statement of Remuneration Paid) slips for each employee and file a T4 Summary with CRA by February 28 each year. T4 slips report the employee’s total employment income, CPP contributions, EI premiums, income tax withheld, and other taxable benefits. Failure to file on time attracts penalties of $10–$75 per slip depending on the number of slips late.

Check Now- T4 Slip Filing Deadlines | Process | Penalties

T2 Corporate Tax Return

All Canadian corporations — including inactive ones — must file a T2 Corporate Income Tax Return with CRA within 6 months of their fiscal year end. The T2 reports the corporation’s income, deductions, credits, and tax payable for the year. For Canadian-Controlled Private Corporations (CCPCs) earning under $500,000, the small business deduction reduces the federal rate to 9% — combined with provincial rates, the effective rate is approximately 11–14%. DKP Global prepares and files your T2, maximizes available deductions, and ensures correct application of the small business deduction.

Also Read- T2 Corporate Tax Return Canada

HST/GST Return Filing

HST/GST-registered businesses must file regular returns with CRA reporting tax collected and input tax credits (ITCs) claimed. Filing frequency depends on annual revenue: quarterly for most small businesses, monthly for large businesses ($6M+ revenue). DKP Global files your HST returns on time, maximizes ITC claims, and reconciles HST accounts monthly to avoid year-end surprises.

Accounting Software — Xero & QuickBooks Canada

DKP Global is certified in both Xero Canada and QuickBooks Online — the two leading cloud accounting platforms used by Canadian businesses. Here is how we use them for our clients:

  • Initial setup — Chart of accounts tailored to your industry and CRA requirements
  • Bank feeds — automated transaction import from all major Canadian banks (RBC, TD, Scotiabank, BMO, CIBC, Wealthsimple)
  • HST/GST tracking — automatic sales tax calculation on invoices and purchase recording for ITC claims
  • Payroll integration — Xero Payroll and QuickBooks Payroll for automated pay runs and CRA remittance tracking
  • Real-time reports — P&L, balance sheet, aged receivables — available 24/7 via your dashboard
  • Accountant access — DKP Global gets read/write access to your file; no need to send spreadsheets back and forth

Migration available: Currently on Wave, FreshBooks, or a spreadsheet? We migrate your historical data into Xero or QuickBooks at no extra charge as part of onboarding.

Province-Specific Accounting & Payroll — BC, Ontario, Alberta

Accounting and payroll obligations in Canada are not one-size-fits-all — they vary significantly by province. Here is a quick overview:

Province

Sales Tax

Combined Corp Tax Rate

Workers Comp

SB Deduction Limit

Key Filings

Ontario

13% HST

26.5% (federal 15% + provincial 11.5%)

WSIB

$500K

T2, HST, T4, WSIB

British Columbia

5% GST + 7% PST

27% (federal 15% + provincial 12%)

WorkSafeBC

$500K

T2, GST, PST, T4, WorkSafeBC

Alberta

5% GST only

23% (federal 15% + provincial 8%)

WCB Alberta

$500K

T2, GST, T4, WCB

Quebec

5% GST + 9.975% QST

26.5% (federal 15% + provincial 11.5%)

CNESST

$500K

T2, GST, QST, T4, CNESST

Manitoba

5% GST + 7% RST

27% (federal 15% + provincial 12%)

WCB Manitoba

$500K

T2, GST, RST, T4, WCB

DKP Global’s team is experienced in province-specific nuances across BC, Ontario, and Alberta — from WorkSafeBC registration to Ontario Employer Health Tax to Alberta’s GST-only environment.

British Columbia — Accounting & Payroll Notes

BC businesses deal with a split sales tax system — 5% GST (federal, administered by CRA) and 7% PST (provincial, administered by BC Ministry of Finance). These are separate registrations and separate returns. If you are selling goods or taxable services in BC, you need to register for PST separately and file PST returns quarterly or semi-annually. WorkSafeBC registration is mandatory before hiring your first employee, and premiums are calculated as a percentage of your gross payroll based on your industry classification.

Ontario — Accounting & Payroll Notes

Ontario uses Harmonized Sales Tax (HST) at 13% — a single tax combining federal GST and provincial sales tax, administered entirely by CRA. This simplifies sales tax compliance compared to BC. Ontario businesses with payroll above $1,000,000 annually must also pay Employer Health Tax (EHT) — a provincial payroll tax of up to 1.95% on total Ontario payroll. WSIB (Workplace Safety and Insurance Board) registration is mandatory for most Ontario employers before hiring. DKP Global handles HST, EHT, and WSIB for Ontario-based clients.

Alberta — Accounting & Payroll Notes

Alberta is the most tax-friendly Canadian province for businesses — there is no provincial sales tax. Businesses in Alberta only collect and remit 5% GST (federal). The combined corporate tax rate in Alberta is approximately 23% — the lowest of any major Canadian province. Workers’ Compensation Board (WCB Alberta) registration is required before hiring employees. DKP Global serves Calgary- and Edmonton-based clients with Alberta-specific payroll setup and CRA compliance.

Compliance Deadlines — Never Miss a CRA Date

Missing CRA deadlines attracts immediate penalties and interest. Every Canadian business owner needs to know these dates and have a system to never miss them. DKP Global manages all compliance deadlines on behalf of our clients, with a proactive filing calendar and automated reminders built into our engagement workflow.

Filing / Obligation

Frequency

Deadline

Penalty for Non-Compliance

CRA Payroll Remittance

Monthly

15th of the following month

Penalty: 3–10% of amount + interest

HST/GST Return Filing

Quarterly or Annual

Last day of month following period end

Penalty: 5% + 1%/month up to 12 months

T4 Slips to Employees

Annual

February 28

Penalty: $10–$75 per slip late

T4 Summary to CRA

Annual

February 28

Same as above

T2 Corporate Tax Return

Annual

6 months after fiscal year end

Penalty: 5% of balance + 1%/month

Corporate Tax Payment

Annual/Installments

3 months after year end (CCPCs)

Interest: prescribed rate + 4%

Record of Employment (ROE)

Per separation

Within 5 calendar days

Penalty up to $2,000

WSIB / WorkSafeBC Premium

Quarterly

15th after quarter end

Surcharge + interest

DKP Global manages all of the above on your behalf setting up reminders, preparing filings, and submitting on time. Our proactive approach means you are never caught off-guard by a CRA penalty.

Why Choose DKP Global as Your Accounting Firm in Canada

What We Offer

What This Means For You

ACCA-UK & CA & CS Certified Team

Your books are handled by qualified finance professionals — not data-entry clerks

Canada + India Expertise

We understand cross-border implications — FEMA, India-Canada DTAA, LRS — that Canadian-only firms miss

Xero & QuickBooks Certified

Cloud accounting setup for real-time visibility into your business finances

Dedicated Canada Operations Head

Amanpreet Singh, ACCA-UK manages your file personally — not passed to a junior

250+ Businesses Served

Proven track record across India, Canada, and USA

100% Remote Service

No office visit required — all deliverables digital with secure cloud access

Fixed-Fee Pricing

Know your monthly accounting cost upfront — no surprise bills

CRA Correspondence Handled

We respond to CRA queries, audits, and notices on your behalf

Province-Specific Expertise

BC, Ontario, Alberta — we know provincial nuances (PST, WSIB, WorkSafeBC)

Post-Incorporation to Year-End

From Day 1 setup to T2 filing — one team, zero handoffs

Our team includes Amanpreet Singh, ACCA-UK (Operations Head — Canada), Palak Narang, MBA Canada (Co-Founder), and Dinesh Kumar Pahuja, CS, M.Com (Founder). This combination of Canadian on-ground experience and Indian compliance expertise makes DKP Global unique in the Canadian accounting market.

Ready to Outsource Your Accounting & Payroll?

DKP Global handles complete bookkeeping, payroll processing, and PF/ESI/TDS/PT compliance for businesses across India. Our CA & CS certified team keeps you compliant under the current Labour Codes and Income Tax Act 2025.

📅 Book Free 30-Min Consultation  |  📞 +1-672-833-4342   |  📧 info@dkpglobal.org  |  💬 WhatsApp

Frequently Asked Questions — Accounting & Payroll Services Canada

At a minimum, Canadian small businesses need: monthly bookkeeping, quarterly HST/GST filing, annual T2 corporate tax return, and T4 slips if they have employees. DKP Global offers bundled packages covering all of these with a single monthly fee.

Payroll remittance is the amount you must send to the Canada Revenue Agency (CRA) every month covering CPP contributions, EI premiums, and income tax deducted from employees' pay. It is due by the 15th of the month following the pay period. Missing the deadline attracts a 3–10% penalty plus interest.

Software like QuickBooks or Xero helps record transactions — but it does not replace professional accounting. A qualified accountant ensures compliance with CRA requirements, maximizes deductions, files returns correctly, and responds to CRA queries. DKP Global is certified in both Xero and QuickBooks.

Bookkeeping is the day-to-day recording of financial transactions — invoices, receipts, bank reconciliation. Accounting is the broader function that includes financial analysis, tax planning, financial reporting, and CRA compliance. DKP Global provides both under one roof.

T4 slips must be distributed to each employee and filed with CRA by February 28 each year (February 29 in a leap year). T4 slips report the employee's total employment income and deductions for the calendar year. Late filing attracts penalties of $10–$75 per slip.

Professional Tax is a state-level levy on employment, capped constitutionally at ₹2,500 per year. Not every state levies it — states like Maharashtra, Karnataka, and West Bengal do, while others don't, and rates vary by state where it applies.

Yes 100%. DKP Global provides fully remote accounting and payroll services to Indian immigrants, newcomers, work permit holders, and non-residents operating Canadian companies. All documents are delivered digitally via secure cloud no office visit required at any step.

The federal small business tax rate is 9% on the first $500,000 of active business income for Canadian-Controlled Private Corporations (CCPCs). Combined with provincial rates, the effective small business rate is approximately 11–14% depending on province (Ontario: 12.2%, BC: 11%, Alberta: 11%). DKP Global handles T2 corporate tax return filing.

DKP Global works with Xero and QuickBooks Online — the two most widely used cloud accounting platforms in Canada. We set up your books from scratch, migrate from existing software if needed, and provide monthly financial reports with real-time dashboard access.

Yes. Indian residents who own a Canadian corporation must comply with FEMA's Overseas Direct Investment (ODI) regulations — including filing Form ODI with their bank, submitting Annual Performance Reports (APR) to RBI, and declaring Canadian income in Indian tax returns. India-Canada DTAA prevents double taxation. DKP Global handles both sides.