Victoria Office: 1 250 387-7848. Form 2 - Registration of a Business Name for a Corporation. Registering your Sole Proprietorship is easier than ever! Register online a new Ontario Trade Name Here: Ontario Ontario Trade Name Registration. When do I need to register for GST or HST in Canada? Sole proprietorship businesses have a single owner who will pay taxes on business profits, and is usually the easiest type of business to form. When two or more people or corporations arrange to carry on business together they register as a partnership. The sole trader receives all profits and has unlimited responsibility for all losses and debts. Non-Canadian residents can set up branches in Canada. It may not be a comprehensive list of the r… Note: This list of links is provided for your convenience. If you are registering a trade name or sole proprietorship, use the Declaration of Trade Name. How much does it cost to register a business in Ontario. It is simply proof that the name is being used by a particular business. Search for: Home; Company in Canada. Incorp Pro™, a Canadian leading incorporation agency, offers sole proprietorship registration, partnership registration, incorporation package and more. Register. Most businesses need to register with the provinces and territories where they plan to do business. You may also need permits and licences from the federal, provincial/territorial and municipal governments. When two or more people or corporations arrange to carry on business together they register as a partnership. If you need help deciding if a sole proprietorship, partnership or corporation is the best form o… Skip to content . If you are conducting business in more than one province you will be required to register in each. For enquiries, contact us. Register Your Business After you have completed the name approval process and received your Name Request (NR) number, you are ready to register your proprietorship or partnership. In Alberta, a sole proprietor may use his or her own given name or may use a trade name. Menu Main Menu . Search. Your PPSN does not become your TRN until you register for tax. Instructions on how to register a sole proprietorship or partnership, or a doing business as name ... Canada & U.S. Toll Free: 1 877 526-1526. How much does it cost to register a business in Yukon. 647-945-8873. Incorp Pro™, a Canadian leading incorporation agency, offers sole proprietorship registration, partnership registration, incorporation package and more. In order to register a sole proprietorship with the Corporate Registry you will need to know your: Reserved business name (reservation number). Lost your password? For more information, go to Paying Your Income Tax by Instalments. If you operate under a registered business name, bill your clients and customers in the business's name. Form 1 – Registration of a Sole Proprietorship/General Partnership. To register Canada-wide, a federal examiner must inspect and approve your company name, which also takes time. You don’t have to register your business if you operate in Labrador and Newfoundland. The list above does not include every situation where you may have to file. Before you register for tax, you must have a Personal Public Service Number (PPSN). Also, if you require CRA tax accounts you will need to register the business name before you can apply for these accounts. A sole proprietorship, also known as the sole trader, individual entrepreneurship or proprietorship, is a type of enterprise owned and run by one person and in which there is no legal distinction between the owner and the business entity. GST/HST registration is not required if the only taxable supplies are of real property sold other than in the course of business. If the business uses a business name other than the owner’s name, they are required under Provincial Business Names and Partnership Act to register their business name before start using it. Sole proprietors who are not “Small Suppliers” (see below) are required to register for the GST/HST if they provide taxable sales, leases, or other supplies in Canada. The risks extend even to your personal property and assets. Registration for GST/HST. If you are a sole proprietor, you pay personal income tax on the net income generated by your business. That means the sole proprietor or partners are personally responsible for the debts and obligations of the business. According to the Canada Revenue Agency (CRA), a sole proprietorship is the simplest kind of business structure. Annual Return - Alberta $ 120.00 / year . Search. 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