Starting up a business can be a daunting task for the new business owner. It is essential that Ontario business operators are aware of the various registrations required prior to initiating operation.
The 9 basic registrations that are required are:
- Business Number;
- GST/HST Account;
- Payroll Deduction;
- Import/Export Account;
- Corporate Tax Account;
- Vendor Permit Number;
- Employer Health Tax;
- Workplace Safety and Insurance Board; and
- Non-Resident Account.
Most required registrations can be done quickly and easily online at the Canada Revenue Agency website (http://www.cra-arc.gc.ca/tx/bsnss/tpcs/bn-ne/bro-ide/menu-eng.html).
The information contained in this resource is provided for general informational purposes only and should not be construed as legal advice on any subject matter. No reader should act or refrain from acting on the basis of any content included in this resource without seeking appropriate legal or other professional advice on the particular facts and circumstances at issue from a lawyer licensed in the reader’s jurisdiction. Litman Law expressly disclaims all liability in respect of actions taken or not taken based on any or all of the contents of this resource.