How To Register A Small Business In Ontario
Add consulting to john smith however and you will need to register your business.
How to register a small business in ontario. Depending on the nature of your business activity and the location of your business you may be required to register for additional licenses permits or other government accounts. You can register your business quickly and conveniently online including paying for the name search and registration see resources. Online through serviceontario 60 to register or renew. After your corporation has been registered you will need to file your initial return within 60 days of incorporating. Get help with business registration.
You can use business registration online bro to. Small businesses in ontario are lucky since the ontario government greatly support entrepreneurship. Link to other business online registries for some provincial programs such as british columbia ontario and nova scotia. It can be done quickly and easily online on the service ontario website see resources. And 6 00 p m monday to friday business registration online bro service providers or at the central production and verification services branch you will receive a master business licence mbl immediately following registration.
Business registration in ontario requires the selecting of a business name registering of your business and the opening of government tax accounts. If you are registering a sole proprietorship general partnership or operating name you will need to register for a master business licence. If you have a bn you can use bro to add program accounts. Cra program accounts you can register for using bro. Apply to the canada revenue agency for a federal business number.
You will receive your mbl via email within two business days after registering. The third step when incorporating in ontario is to file your initial return. Finding the funding that may be available for your small business is important very early on. Corporation federal or provincial territorial sole proprietorship or partnership. Your initial return is not a tax return but confirms the registered head office address and directors as well as indicates the elected officers.
Register your business with the canada revenue agency for the harmonized sales tax hst if you will be making more than 30 000 a year see resources. Alternatively you can register for a master business licence online here. Registering your business in canada should be your next move once you ve decided on a business name. To learn about your registration requirements and start the registration process choose your planned business type. When starting a small business in ontario funding is critical.