Business Numbers: New Brunswick's Process

Starting a business in New Brunswick requires some paperwork, and one of the most important documents you will need is a business number. To get a business number in New Brunswick, you must first register your business with the province's Business Registration Office (BRO). This can be done online or by mail, and be sure to include all relevant details about your company, such as your name, address, type of business, and any partners or directors. Once registered with the BRO, the next step is to obtain a Goods and Services Tax/Harmonized Sales Tax (GST/HST) number from the Canada Revenue Agency (CRA), which is necessary for filing taxes and claiming tax credits. With your GST/HST number from the CRA, you can then apply for your business number online or by phone. The entire process can take up to two weeks, so be sure to plan accordingly.

Register your business with the province's Business Registration Office (BRO)

Registering your business with the province's Business Registration Office (BRO) is the first step toward obtaining a business number in New Brunswick. This process can be completed online or by mail, and it is necessary for both sole proprietorships and corporations.

When registering, be sure to include all relevant details about your company, such as your name, address, type of business, and any partners or directors involved. For sole proprietorships, it is important to note that you are only required to register if you intend to operate under a business name other than the owner's name. In this case, you must register that business name. Corporations, on the other hand, are mandated to register before beginning their operations.

The registration process typically takes one to two weeks to be processed. During this time, it is recommended that you gather all the necessary information for the next steps in obtaining your business number. This includes your legal name, contact information, GST/HST number, date of incorporation, and other pertinent details about your company.

After registering with the BRO, you will need to obtain a Goods and Services Tax/Harmonized Sales Tax (GST/HST) number from the Canada Revenue Agency (CRA). This is essential for filing taxes and claiming tax credits. You can register for your GST/HST number online or through the CRA's My Business Account portal.

Once you have completed these steps, you are ready to apply for your business number.

Get a Goods and Services Tax/Harmonized Sales Tax (GST/HST) number from the Canada Revenue Agency (CRA)

To get a Goods and Services Tax/Harmonized Sales Tax (GST/HST) number from the Canada Revenue Agency (CRA), you must first register your business with the province's Business Registration Office (BRO). This can be done online or by mail, and you will need to provide details such as your name, address, type of business, and any partners or directors involved.

Once you have registered with the BRO, you can obtain your GST/HST number from the CRA. This can be done online or through the CRA's My Business Account portal. You will need this number for filing taxes and claiming tax credits.

When applying for your GST/HST number, make sure to have the following information on hand:

• Legal name
• Contact information
• Date of incorporation
• Other pertinent details about your company

The processing time for a GST/HST number can take up to two weeks, so be sure to plan accordingly.

Apply for your business number online or by phone

To apply for your business number online, you must first register your business with the province's Business Registration Office (BRO). This can be done online or by mail. Be sure to include all relevant details about your company, such as your name, address, type of business, and any partners or directors involved.

Once you have registered your business, you will need to obtain a Goods and Services Tax/Harmonized Sales Tax (GST/HST) number from the Canada Revenue Agency (CRA). You will need this for filing taxes and claiming tax credits. You can register for your GST/HST number online or through the CRA's My Business Account portal.

After registering with the BRO and obtaining your GST/HST number from the CRA, you are ready to apply for your business number. You can apply online using their secure website and ensure that you have all the necessary information on hand, such as your legal name, contact information, GST/HST number, date of incorporation, and other pertinent details about your company.

Alternatively, you can apply for your business number by calling 1-888-NB-REGISTRY (1-888-627-3447). Have the same necessary information on hand as you would for the online application.

Processing your application may take up to two weeks, so be sure to plan accordingly.

Search for a business in the New Brunswick Business Registry

To search for a business in the New Brunswick Business Registry, you can use the Corporate Registry, which is a publicly available database that provides up-to-date information on business and non-profit corporations, unincorporated business entities, and condominium corporations.

There are several ways to access the Corporate Registry:

• Per-Transaction Internet Search with Credit Card: This option costs $3.00 and can be done online by providing your credit card information.
• Telephone Search Inquiry with Credit Card: For a $5.00 fee, you can call 1-888-832-2762 and provide your credit card information to perform a search.
• Unlimited Internet Searching as a Subscriber: This option provides unlimited internet searching access for a monthly fee of $50.00. If you require more information on this option, you can review the Authenticated Client Services section on the website or contact customer support at [email protected]

Businesses and registrants can also access their own information records for free by logging into the online Registry using their unique 15-digit New Brunswick Account Business Number. This number is provided by the Province of New Brunswick in conjunction with the Canada Revenue Agency (CRA).

To obtain a business number in New Brunswick, you must first register your business with the province's Business Registration Office (BRO). You can do this online or by mail, providing details such as your name, address, type of business, and any partners or directors. After registering with the BRO, you will need to obtain a Goods and Services Tax/Harmonized Sales Tax (GST/HST) number from the CRA. With these two steps completed, you can then apply for your business number online or by calling 1-888-NB-REGISTRY (1-888-627-3447). The processing time for a business number application is typically up to two weeks.

Understand the different types of business registrations

When registering a business in New Brunswick, there are several types of business registrations to choose from. The most common business structures in New Brunswick are sole proprietorships and corporations.

Sole Proprietorships

Sole proprietorships are the most common and simple form of business structure. Under this type of business structure, one person owns the assets of the business and is also personally responsible for its liabilities. The owner can employ others to help operate the business, but the owner usually manages the business themselves. There are few formal legal requirements to establish sole proprietorships, and they are much cheaper to create than corporations. A New Brunswick sole proprietorship must have its registered business address located within the Province of New Brunswick. Sole proprietorships in New Brunswick are not required to register if the business is operated under the owner's name. However, if they intend to operate using a different business name, they must register that name. This can be done by completing a Declaration of Trade Name form. The cost of registering a sole proprietorship is $112 plus $30 for the name search report.

General Partnerships

Partnerships are similar to sole proprietorships, but with more than one owner (referred to as a partner). The partners personally own all the assets of the partnership and are personally responsible for its liabilities. There are few formal legal requirements to establish partnerships, and they are cheaper to create than corporations. A New Brunswick partnership must have its registered business address located within the Province of New Brunswick. The cost of registering a partnership is $112 plus $30 for the name search report.

Corporations

A corporation is a legally separate business owned by shareholders. It is governed by the Business Corporations Act (NB) and can be completely owned and operated by non-residents. The cost of registering a corporation in New Brunswick is $262 plus $30 for the name search report. If you plan to operate your corporation in other provinces, you may want to register your corporation federally to protect your business name throughout Canada. This involves an extra-provincial registration process and has associated fees.

Frequently asked questions