April 22, 2020

Setting Up a New Corporation in Manitoba

Pricing

Setting Up A Numbered Corporation – $895 (2-5 Business Days to process)

Setting Up A Named Corporation – $1,095 (2-5 Weeks to process)

Getting set up with PST, GST and Payroll Tax Accounts

We set you up with PST, GST and Payroll accounts if necessary.

For GST you don’t have to register unless you have over $30,000 in sales per year on which GST is chargeable. If you have less than $30,000 in sales, you can still apply for a GST account if you want, but this is voluntary. However, once you have an account, you must charge and remit GST collected regardless of your sales amount.

For PST in Manitoba, you don’t have to register unless you have over $10,000 in sales per year on which PST is chargeable. If you have less than $10,000 in sales, you can still apply for a PST account if you want, but this is voluntary. However, once you have an account, you must charge and remit PST collected regardless of your sales amount.

For Payroll, you only need to register if you have employees.

Your Business Number

The Business Number simplifies the way businesses deal with government by identifying a business and associated government accounts. The Business Number (BN) is a numbering system that simplifies and streamlines the way businesses deal with government. It is based on the idea of One Business, One Number.

Getting a Business Number

In order to obtain a Business Number in the province of Manitoba, you must be registered with a government program area that is part of the Business Number program. If you decide to register for any one of the programs listed below, you will receive a Business Number (BN).

  • Manitoba Taxation
  • Incorporating your business
  • Business name registration

Registering Your New Business with the Companies Office

The Companies Office registers information about corporations and business names. The public may search the registry to obtain information. For example, you can search who is doing business under the trade name, where the business is located, and to get a list of the officers and directors of a company.

When individuals want to incorporate or register their trade name, the Companies Office reviews the proposed names to make sure they aren’t confusingly similar to ones already on record. Then they will incorporate your company or register the business name once it has cleared the review.