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home > business > starting a business > checklist

 

 

 

 

Checklist of Basic Requirements for Starting a Business


Develop a business plan. Canadian Bank websites have sample plans.
Incorporate or register your business name with the Registrar of Companies.
Contact the Director of Protective Services at Fort St. John City Hall for the appropriate permits and licenses.
Obtain the proper provincial and/or federal licenses.
Businesses with more than $30,000 in gross annual taxable sales and revenues must register with Canada Customs & Revenue Agency - Excise to collect and remit the Goods and Services Tax.
Register your company with the Workers' Compensation Board.
If you employ people, get a business number for remitting employees' federal and provincial income tax deductions, employment insurance premiums and Canada Pension Plan contributions.
If you are buying goods for sale to the final consumer, apply for a social service tax registration certificate.
If you are hiring employees or subcontracting for labour, check labour regulations with the Employment Standards Branch of the Ministry of Skills, Development and Labour.
Contact an accountant to help set up your book keeping and accounting system.

 

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