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Tips for Registering a Business in Ontario

How to Register Your Business in Ontario

Business Name Graphic

In order to register a business in Ontario, you must obtain a Master Business License by registering online, mailing in your registration, or going to a Service Center in Ontario to register in person.

According to the Canadian government website, if you hope to register your business in Ontario with a different name from your corporation or your full name, that new name needs to be registered. This new business name is also called a "trade name" or "operating as" name.

The Cost of Registering a Business in Ontario

The price of registering a business Ontario ranges from $60-$80 and will be valid for a five-year period. In addition, it is important to keep in mind that when you register a business in Ontario, it does not guarantee the exclusivity of your business name. If you want to protect your specific business name in Ontario, you will have to register a separate trademark through the Trade-Marks act at the federal level.

When you register a business in Ontario through the Ministry of Government Services, you will be given a Master Business License with your own personal business registration number.

1. The first step to register a business name in Ontario is to choose your business name. The name you choose must comply with the Business Regulation Reform Act of Ontario established in 1997. In order to find out more information about registering a business in Ontario, you can visit the Canada Ontario Business Services Center website.

2. The next step in is to use the online form available through Service Ontario for quick registration. This is a user-friendly registration process that allows you to register your business name, as well as to register through the insurance and workplace safety board. This will also allow you to apply for your retail sales tax vendor permit, if that is necessary for your business.

3. You must also determine if your business name is already taken by searching through the Integrated Business Services Application in both English and French.

4. After that, you can fill out the Integrated Business Services Application form online to register your business as either a partnership, existing corporation, or even sole proprietorship.

5. You also have the option of registering separately with the Business Registration Online program for the federal Canadian Goods and Services Tax.

After you have registered your business, the business registration name will need to be renewed again in five years. You will be given the opportunity to renew your business name online and pay the fee by credit card. If you register your business name in person, you can pay with check, cash, or money order.

Business Man on the PhoneAll of these specific information sheets can be downloaded online to guarantee a simple registration. From there, you will be given your Master Business License, also known as the MBL, which will be used as proof of your registration to engage in all business and tax transactions with the Canadian government.

Points to Keep in Mind

  • You can register your business in Ontario online, in person, or via mail.
  • It is important to register your business name in Ontario to adhere to all business and tax requirements of the Canadian government.
  • You can search online by business name to find out if your business name has already been taken.
  • Your business registration name lasts for five years, and then must be renewed.

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