Start your business with as little as $100
Start your business with as little as $100 or $150
The CRA’s GST/HST Registry is a free service that lets a GST/HST registrant check whether a supplier’s account number is registered. You use it so your input tax credit claims include only GST/HST charged by registered suppliers. You only need three details: the first nine digits of the number, the business name, and the transaction…
To calculate corporate tax in Canada, take your corporation’s taxable income, apply the federal rate (9% on the first $500,000 if you qualify for the small business deduction, 15% on the rest), then add your province’s rate on the same income. For a small Ontario corporation, that works out to roughly 11% to 12% combined….
Want the short answer first? Registering a business in Alberta means four things: pick your structure, lock down your name, file with a registry agent, then set up your CRA accounts once you’re actually open. Trade names and numbered companies usually clear in a day or two. Custom-named corporations take longer, mostly because you’re waiting…
Starting July 1, 2026, Ontario cut its small business corporate tax rate from 3.2% to 2.2%. Combined with the federal rate, that drops the total tax on your first $500,000 of active business income from 12.2% to 11.2%, worth up to $5,000 a year for an eligible corporation. If your fiscal year straddles July 1,…
If you’re starting a business in Brampton, Mississauga, or Caledon, here’s the short version: you register through the Ontario Business Registry, not through the City of Brampton or Peel Region directly. Your municipality only comes into play afterward, for zoning and any local business licence your specific trade needs. Get the provincial piece sorted first,…
The trade name registration fee in Ontario is $60 payable to the Ontario Business Registry and the process takes around 1-2 business days. This service is mandatory whenever an individual is using a name that differs from his/her actual name or the actual name of his/her company. In case you have completed the sole proprietorship…
A Business Number (BN) is a nine-digit federal identifier issued by the Canada Revenue Agency (CRA) for tax purposes. A Corporation Number is the identifier assigned by a provincial or federal registry when your business is legally incorporated. That’s the core of the business number vs corporation number distinction: one exists for tax purposes, the…
Do You Need to Register for HST After Incorporating in Ontario? Yes, and if your business has crossed (or expects to cross) $30,000 in taxable revenue, you’re legally required to. Here’s the short version: Once you incorporate in Ontario, HST registration isn’t automatic. You need to separately register with the Canada Revenue Agency, either online,…
A Business Number (BN) is a 9-digit CRA identifier assigned to your corporation after incorporation. In Ontario, you receive it automatically within 2–5 business days after filing your Articles of Incorporation federally. Provincial incorporations require manual registration at canada.ca or by calling CRA at 1-800-959-5525. Looking for the general Canada-wide process instead? See our national…
If you are planning to incorporate a business in Ontario, then Articles of Incorporation is the form you should start with – and get right! Having helped many entrepreneurs and small business owners with this very issue over the years, let me assure you that this is not as complicated as you might have thought;…
© 2025 Bizincs. All Rights Reserved
Designed by NK CREATIVES & Developed by TABSCAP INC.
