Check Availability Of The Proposed Business Name
Choosing the right name is an important decision. You want a name that will draw potential customers, help clients identify your company and build your business image. A name that is easy to remember and provides information about the products or services you offer is always a good choice.
Before making a final decision on your business name and ordering forms or stationery, you may want to know if someone else is already using the name. You can do a Preliminary name search that will allow you to check up to 3 names for $15 plus tax. A more accurate NUANS search would be advisable if you want to be absolutely sure that your name is not used by someone else. You can order a NUANS here. The cost is $39.95 plus tax per each name you search.
Once you have selected your business name we can perform a name search, or to simplify the process, we can do the name search as part of your application form.
Register The Business Name Or Incorporate The Business
Once your application for a Sole Proprietorship or a Partnership is approved you would receive a document called a Master Business Licence.
If you choose to Incorporate your business, you will receive a document called Articles of Incorporation.
Both documents are legal documents that confirm registration of the business with Ontario government or your selected Location. The Master Business License will be valid for 5 years. Articles of Incorporation are valid in perpetuity.
You can provide you with a sample of each document by email. Just send us a message in the box below
To register your business in Ontario, you will need to provide:
Name and address of the business.
Description of the business activity.
If you have a partner, the same information would be required for your partner.
Apply for HST, Payroll, Import/Export and WSIB Accounts
We Help you to apply for HST - GST any business that generates more than $30,000 in annual taxable sales has to register for HST
Payroll - Any business that has employees must register for a Payroll account
Import/Export - If you are planning to trade with other countries, this account would be very helpful
WSIB - This account is mandatory if you are going to have employees.
You can request all or any of the above tax accounts during the registration process. Simply check the appropriate checkbox on the application form.
The cost of registering a Sole Proprietorship, Partnership or a Trade Name for 5 years is the same.
It is $150.00 plus applicable taxes. You can also request registration of the necessary tax accounts like HST, Payroll, and WSIB. When you go to the application form you would be able to create your own customized package.
Incorporation services are more expensive due to the higher government fees. Incorporation cost would range from $550 to $900. However registration never expires, so you pay only once for the entire life of the business.