Product Info

Most businesses need to register with the provinces where they plan to do business.

A business name under a corporation, also known as Master Business Licence or MBL is registered with Service Ontario owned by single corporation.

After the registration process, you will receive a registration document issues by Service Ontario which will be sufficient to acquire City/Municipality permits & licenses, setup a bank account and to operate the business.

Other names:

  • Master business licence (MBL) under a corporation
  • Operating name registration
  • Trade name registration
  • DBA registration

Checklist

Who can register:

  • Anyone can register a MBL.
  • Currently there is no citizenship or residency requirement

What is required to register a MBL:

  • An Ontario NUANS report for the MBL.
  • A physical address or street address in the Province of Ontario where the business is to be carried on.
  • Name and address of the business owner. This can be an individual or a corporation.

What you get

After registering the MBL, you will receive the following as pdf documents by email:

Articles Sample Docs
Master Business License
Sample Document
Business Number (if included)
Sample Document
Business seal (if included)
Sample Document
CRA Accounts: GST/HST, Payroll, Import-export (if included)
Sample Document
The Workplace Safety and Insurance Board (WSIB) registration (if included)
Sample Document

Timeline

For a MBL/ Sole Proprietorship , we have 3 processing queues:

  • Regular Queue: MBL can be ready in 5 business days.
  • Express Queue: MBL can be ready 1 business day.
  • Super-Express Queue: MBL can be ready 2 business HOURS.

FAQs

Is MBL/Sole Proprietorship registration right for you?
  • It depends on the purpose of the registration and needs of the individual involved
  • It the best option for a Self-Employed person operating a business in a small scale.
  • If you are self-employed and there is no need to separate personal assets from the business, then it the right form of registration.
What are the advantages of registering a MBL?
  • A MBL/sole proprietorship is a business that is owned by one person.
  • Easy to setup and start, least expensive to operate.
  • Easy tax filing process.
Can I enter into job contracts, sub-contracts and open a business bank account with this registration?

Yes.