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D. Business Registration

 A business name registration refers to a registration under the Business Names Act. It expires after 5 years and must be renewed. The Companies and Personal Property Security Branch, Ontario Ministry of Consumer and Business Services (MCBS) does not send reminder notices. There are two types of business name registration in Ontario.

A sole proprietorship is an unincorporatedbusiness that is owned by one person. The owner of a sole proprietorship has sole responsibility for making decisions, receives all of the profits, claims all losses, and does not have separate legal status from the business.

A partnership is an association between two or more people who join together to carry on a trade or business. Each partner contributes money, labour, property, or skills to the partnership.

The cost to register a sole proprietorship or partnership is $60 plus $8 per name search if completed at an Ontario Business Connects (OBC) workstation or via the Internet.

To register by OBC computer, call for an appointment at the following location below:

Government Information Centre (Service Ontario)
7765 Hurontario Street, Brampton Ontario (Brampton Court House)
Hours: 8:30am - 5:00pm

To register via the Internet: www.businessregistration.gc.ca

The cost to register a sole proporietorship or a partnership in person at the Companies Branch or by mail is $80 plus $12 per name search:

Companies Branch
375 University Avenue, 2nd floor
Toronto, ON M7A 2H6
(416) 314-8880

For further information, read MBEC's document on "Registering a Business" or register for MBEC's seminar "Starting a Business."






MBEC Upcoming Seminars
MBEC Upcoming Seminars
Looking for training on starting or running a business? Well then look no further. Check out the Mississauga Business Enterprise Centre's (MBEC) upcoming seminars.
  MBEC Spring Summer 2013 Brochure
 
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AS SEEN ON ROGERS TV...
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Check out this week's small business tips from Rogers TV 'In Business' program.
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