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Why register for a small business in Ontario?

Its typically required for tax filings. If your revenue is expected to be $30,000 or more each year, its required for you to charge GST/HST for your products or services. In most cases, you must register your business in order to get a GST/HST number.

How do I secure my business name in Ontario?

You may be able to protect your business name by registering a trademark under the Trademarks Act (federal legislation). The BNA does not prohibit registration of identical names, but if you decide to use a name that is the same as or confusingly similar to that of an existing business, it could result in a lawsuit.

How much does it cost to set up a numbered company in Ontario?

The Cost to Incorporate in Ontario: Incorporating a business in Ontario will cost you $300 CAD online or by mail. If you want to register your business name, there is an extra fee of $60.

What is a 9-digit business number in Ontario?

The business number (BN) is a 9-digit account number that identifies your business to federal, provincial, and municipal governments. The BN is issued by the Canada Revenue Agency (CRA).

What is an example of a corporation number in Ontario?

For example, 1234567 Ontario Inc. Where the number, 1234567, is assigned at the time of registration; the Ontario represents the jurisdiction of registration (this is also the Corporation Number); followed by the legal ending of choice (in this case Inc.).

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How do I create a numbered company in Ontario?

The easiest way to register for a business number in Ontario is to use the CRAs Business Registration Online (BRO) service. If you prefer, you can also complete an RC1 form and mail or fax it to your nearest tax services office. To register for a BN by phone, call 1-800-959-5525.

What is the difference between a numbered company and a named company in Ontario?

A numbered company may be suitable for those who prioritize anonymity and flexibility, while a named company may be more suitable for those who prioritize branding and professionalism. Its important to consult with a lawyer or accountant to determine which option is best for your business.

What information is needed to register a business in Ontario?

The details you will be required to provide are: The name of the business, Business address (business address is normally in Ontario), The names of the individual owner or owners and addresses (there isnt a requirement for the individuals to have an residential address in Ontario)

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Why register for a small business in Ontario?

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How do I create a numbered company in Ontario?

What is the difference between a numbered company and a named company in Ontario?

What information is needed to register a business in Ontario?

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Get the up-to-date Fillable Online Ontario Business Name Registration Order 2024 now

Here's how it works

The fastest way to redact Fillable Online Ontario Business Name Registration Order online

Complete this form in 5 minutes or less

Got questions?

Why register for a small business in Ontario?

How do I secure my business name in Ontario?

How much does it cost to set up a numbered company in Ontario?

What is a 9-digit business number in Ontario?

What is an example of a corporation number in Ontario?

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People also ask

How do I create a numbered company in Ontario?

What is the difference between a numbered company and a named company in Ontario?

What information is needed to register a business in Ontario?

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