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Registration of an Ontario Business as a Sole Proprietorship or a Partnership
If your business operates under your name “Michael Smith” you do not have to register, however you may realize several advantages if you do register. If you operate your business under the name “Michael Smith Consultants” you must register the business name. Under Ontario's Business Names Act, fines of up to $2,000 can be levied against individuals and up to $25,000 for corporations for failure to register or for registering false or misleading information. When you are choosing the name you should know that certain words or expressions are prohibited. For instance, you cannot use words that imply incorporation, such as Limited or Inc., or words that imply the business is associated with any branch of government. "A Guide to Selecting Your Business Name" provides all the details about which words or expressions cannot be part of the name of your sole proprietorship. Conduct
a search for your chosen business name If you register a name that is the same or confusingly similar to an existing name, you can be sued, so it's a good idea to conduct a name search to see if anyone else is using the business name you want. You can easily check the availability of your name by ordering a preliminary name search. The cost is minimal and for $10 you can check up to 3 names. For more extensive search, you may also want to get a NUANS report. NUANS (New Upgraded Automated Name Search) is a Canada-wide corporate and business name registry. A NUANS search will display corporations, business names and trademarks, which are similar to the name you have searched. You can order your NUANS report here. Now that you have selected your business name and conducted a name search, you are ready to go through the actual business registration procedure to register your sole proprietorship or partnership. Register
your business name. It is easy
to register a business in Ontario. You can simply order online by completing
an order form. You can also visit our office to complete the registration
form, or we can fax you the forms to be competed and faxed back to us.
You can view
our registration package and associated fees here. You should definitely contact your local municipality to check if they require you to obtain a local municipal licence for your business. Renewing
your business name registration.
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| Nuans, Nuans search | Call
us at (416) 226-2921 or Toll Free: 1-877-226-2921 |
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