How to Register a Small Business in Ontario: The 2026 Guide



Starting a new venture in Ontario is an exciting milestone. Whether you are launching a tech startup in Toronto or a cozy bakery in Ottawa, the first legal step is registering your business. In 2026, the process has become more streamlined, but it still requires careful attention to detail.

1. Choose Your Business Structure

Before you register, you must decide on the legal structure of your business. The two most common forms in Ontario are:

  • Sole Proprietorship: The simplest and least expensive option. You and the business are the same legal entity.
  • Incorporation: Creates a separate legal entity. This protects your personal assets but involves more paperwork and higher initial costs.

2. The Name Search (NUANS)

You cannot register a business name that is already in use. You must perform a name search through the Ontario Business Registry. If you are incorporating, a NUANS report is mandatory to ensure your chosen name is unique and available.

3. Registering Online

In 2026, almost all registrations are done online through the Ontario Business Registry portal. You will need:

  • A valid "My Ontario Account" or "ONE-key ID".
  • Your business name and address.
  • A brief description of your business activity.
  • The registration fee (typically between $60 and $300 depending on the structure).

4. Get Your Master Business License (MBL)

Once approved, you will receive your Master Business License. This document is crucial as it allows you to open a business bank account and apply for wholesale discounts.

5. Tax Accounts (HST/GST)

If your business generates (or expects to generate) more than $30,000 in revenue per year, you legally must register for an HST (Harmonized Sales Tax) number with the Canada Revenue Agency (CRA).

Conclusion

Registering your business is just the beginning. Once you have your paperwork in order, you can focus on what matters most: growing your customer base and building your brand in Ontario's thriving economy.

Commentaires

Enregistrer un commentaire

Posts les plus consultés de ce blog

Business License vs. Master Business License in Ontario: What Do You Need?

Image
There is often confusion between a "Master Business License" and a municipal "Business License." If you are operating in Toronto, Ottawa, or Mississauga, you might need both. Here is how to tell the difference. 1. The Master Business License (MBL) This is issued by the Province of Ontario . It is essentially your business registration. It allows you to operate under a specific business name. Every business that is not using the owner's exact legal name must have one. Example: If John Smith runs a painting business called "John's Painting," he needs an MBL. 2. Municipal Business License This is issued by your City or Municipality (e.g., City of Toronto). It is a permit to operate a specific type of business in a specific location . You typically need this if you run: A restaurant or food truck. A salon or barbershop. A driving school. A taxi or ride-sharing service. 3. How to Check Do not assume you are clear just becau...
Lire la suite

Do I Need a Lawyer to Incorporate in Ontario? (DIY vs. Professional)

Image
Incorporating a business in Ontario is a legal process. Many new business owners wonder: "Can I do this myself, or do I need to pay a lawyer $1,500?" The answer depends on the complexity of your business. Option 1: Do It Yourself (DIY) Cost: Approx. $300 - $360 (Government fees only). Pros: Cheapest option. Fast. Cons: You might make mistakes with share structures. No legal advice. Best for: Single-owner businesses (consultants, freelancers) with no complex partners. Option 2: Online Legal Services (e.g., Ownr, LawDepot) Cost: $500 - $700. Pros: Automates the paperwork. Cheaper than a lawyer but safer than DIY. Cons: Still limited customization. Option 3: Hire a Lawyer Cost: $1,200 - $2,000+. Pros: Full legal protection. customized shareholder agreements. Essential if you have multiple partners or investors. Recommendation If you are the only owner, you can likely incorporate yourself online through the Ontario Business Registry. If you ha...
Lire la suite