Federal Taxes Registration

Definition - The BN is issued by the Canada Customs and Revenue Agency (CCRA) and is used to unify all accounts a business may have with the federal government.

Purpose: The BN is used to operate corporate income tax, import/export accounts, payroll deductions and GST/HST.

Registration should take place after the company has been incorporated. Our one application form allows you to conveniently apply for both incorporation and the BN at the same time. We will handle both applications on your behalf, so that you can concentrate on running your business.

Goods and Services Tax (GST) - This is a federal sales tax levied on taxable goods and services. If you are selling non-taxable goods, then you cannot register. If you are a small supplier (sales less than $30,000) then registration is not mandatory. Registration is affected when you apply for the Federal Business Number (BN).