Small Business Resources

Start a business in Ontario

10 steps to start a business in Ontario for entrepreneurs

Starting a business can be exciting, but it can be hard to know where to begin. The following steps will help you get started on creating your business in Ontario.

The information provided in each step is a guide. It is not a substitute for legal or financial advice.

1. Conduct market research You need to conduct market research to help you understand the industry and market that you will be operating in.
2. Prepare a business plan A business plan explains your business idea, short and long-term business goals, and what resources are available to start and operate your business.
3. Decide on the ownership structure for your business There are four types of business structures in Ontario and each serve different legal and tax needs.
4. Register your business online If your business has employees, facilities, or offices in Ontario, you must register using the Ontario Business Registry.
5. Confirm licences and permits You may need licences and permits to run your business according to federal, provincial, or municipal regulations.
6. Confirm if you need to charge HST Most businesses in Ontario are required to register with the federal government for a GST/HST account and collect GST/HST on taxable sales.
7. Understand your tax obligations If you are self-employed, an unincorporated business or in a partnership, you must report your personal income.
8. Consider business insurance Although business insurance isn’t mandatory, it’s highly recommended, even if you operate a home-based business.
9. Understand the regulations Learn the regulations that may apply to your business.
10. Get funding or more help Financial help and more resources are available for small businesses and entrepreneurs.

Business, workplace and economy

Learn how to register your business, apply for funding and tax credits, and get free help to start your business.