small business registration in ontario
Starting a business is exciting. But, registration of business in Ontario can be challenging. In Canada, the rules are strict and different in the Canada Revenue Agency (CRA). It’s important to have someone to help you understand these rules.
Numeracy Accounting Solutions is a firm you can trust. We help you with the registration process. If you want to start a new business, we provide the best business name registration services in Mississauga, Canada.
At Numeracy Accounting Solutions, we are a team of professional experts. We understand the complexities the Canadian Revenue Agency faces during business registration. That’s the reason for our seamless performance and dedication to each client.
There are many forms of business. Sole proprietor, general partnership, and incorporation business. In the business registration process, you’re required to provide the mailing address. We provide our everlasting services to everyone in each of these forms. We can assist you with all registration needs, whether you go solo or in a partnership.
Business Registration may also involve:
- HST Registration
- Payroll registration
- WSIB
- Master Business License
- Not-for-profit and more
HST Registration
Are you starting your business in Canada? Well, no need to worry. We will provide a simple and smooth process for your HST program. You can create your business journey with our expert guidance in business registration.
Payroll Registration
We know handling employee pay, taxes, and government payments in business is essential. At Numeracy Accounting Solutions, our team helps make this easy. This lets you focus on your primary business.
Master's Business License
Obtaining a Master Business License (MBL) is a crucial and essential step for any business startup. However, our business registration service makes it a seamless experience for many businesses. We will guide you throughout the registration process to provide accuracy.
Not-for-Profit
If you run a charity or a not-for-profit group, our experts help with all the registration steps. Numeracy Accounting makes sure you have the proper papers and follow the rules. This will help your organization work smoothly and legally.
WSIBWorkplace Safety and Insurance Board (WSIB)
Whether it’s payroll control, price tracking, or financial reporting, Our company Numeracy Accounting Solutions, is devoted to providing the best services. We offer services that satisfy the particular needs of our clients, including the ones related to the Workplace Safety and Insurance Board (WSIB). We also handle your financial aspect which might be connected with WSIB compliance and assist the clients a safe environment.
Is it best for you to Register or Incorporate?
With the guidance of your professional experts, find out which type of business structure will work best for you and will be profitable.
If you are seeking simplicity, a registration might be appropriate. This includes minimal formalities, making it cost-effective and straightforward. Yet, it provides no legal separation between you and your business.
On the other hand, incorporation establishes an impactful legal entity, protecting private property from business liabilities. This structure frequently entails more extraordinary administrative necessities and costs yet gives better credibility, tax advantages, and the ability to increase your capital with the help of the sale of shares.
Consider your business’s future goals, handling huge risks, and long-term visions. For a small, low-threat journey, registration is enough. Incorporating can be the best strategic choice if the primary goals are flexibility, legal protection, and funding or investments. Consulting with our professionals can help offer tailor-made insights based on your unique situation. We provide our everlasting services to everyone in each of these forms.
Do you need to register?
Your business must register for a GST/HST account and charge GST/HST if you sell taxable supplies in Canada and are generating over $30,000 in revenue.
Our Services For Sole Proprietorship and Incorporations
Consultation
We first spoke with you at Numeracy Accounting Services to learn about your business’s needs. Our experts will then suggest the best registration for your current situation.
Name Search
A name that should be unique and comply with the regulations is essential. We will ensure thorough name research is conducted before the process and assist you while registering your business.
Documentation and Filling
Once the name is decided, our experts will handle your business-related paperwork during registration. At Numeracy Accounting, we promise accuracy and ensure the local law is followed.
Looking for small business registration in Ontario, Let’s get started!
Business Number: BN and Registration
We also assist you in providing the proper guidance for obtaining your resident business number and account registration web form.
Tax Registration
After going through all the legal document filing, we assist in some necessary tax accounts like GST and HST program accounts, PST, income tax, or payroll accounts. This setting is based on your business.
Ongoing Changes Support
Apart from helping you with initial registration, We also deal with annual filings and tax return services to help your business.
Business Advice
Our professional experts advise on your financial data management or tax-paying for a successful business run.
Book a consultation now to figure out which registration is best suited for you
Why choose us?
Numeracy accounting solution is situated in Mississauga. As local experts, we deeply understand the rules and regulations for local businesses. We help your business fulfill all regional requirements in Canada. Our firm offers tailor-made services according to the needs and preferences of business owners. We pride ourselves on a quick and reliable registration service, which reduces the disruptions to your operations.
Our service of business registration in Ontario costs you no hidden charges or extra fees. This makes us accessible to all sizes of businesses. Numeracy Accounting’s business registration service guides you throughout the process to help you understand the legal and tax implications.
FAQ's
Do I have to register my business in Ontario?
If your business has employees, facilities, or offices in Ontario, you must register using the Ontario Business Registry.
Can I start a business without registering it Canada?
Basically, if you’re doing any business are required to register such business either as a Company or a Firm or an LLP (Limited Liability Partnership). Instead of going for company registration, you could register the business as a Sole proprietorship.
How much can a small business earn before paying tax Canada?
You have to file an income tax return if your net earnings from self-employment were $400 or more.
Do I have to pay GST if I make less than $30 000?
You are not required to register for GST/HST if your business revenue over four consecutive quarters is less than $30,000 CAD.
How much is a business license in Ontario?
It will cost $250* and will take 10 business days to register.
Can anyone register a business in Ontario?
You Need to Be a Canadian Citizen or a Landed Immigrant to Start a Business in Canada. You can’t start a business while you’re in Canada on a visitor or student visa or while you’re here on a work permit.
How much does it cost to register a company in Canada?
Incorporating federally costs between $200 and $250. Provincial incorporations vary by province , cost vary from province to province.