Many businesses have started out their venture in Canada and thrived within its boundaries. An exemplary case is of VulkanVegas.com, which has earned the reputation of one of the best online casinos for its richness of games, promotional offers and bonuses. Vegas slots online are played and enjoyed by many gambling enthusiasts across the country. None of this fame and fortune would have arrived at this company had the gambling business not stepped up to breathe life to its dream of establishing a successful gaming business. This is just one of the many instances where acquiring a business permit in Canada turned out to be a great idea.
Besides, the entrepreneurial ecosystem is in full boom over the past few years. It seems government incentives are proving to be favourable for start-ups. Looking at the success story of this particular enterprise and the promising situation, are you willing to give shape to your dreams of starting out a new venture in Canada? If yes, then take the first step by acquiring a business permit in the country.
The next question you must be asking yourself will be, how to get it? Fret not! You are in luck today because the column is all about the steps to apply for the same. However, before we touch down the details, let’s check out what’s a business license, who needs it, its three primary purposes and the most common permits and licenses currently available.
What Do You Mean by a Business Permit?
It’s a document issued by the Government granting permission to own and operate a business within the boundaries of the municipality, province and country. Every company must have this license in place with the justifications cited below:
- To know and abide by the regulatory standards for maintaining the health and safety standards of the community.
- To help you stand out for yourself and be accountable for your actions.
- To track down financial information, which is crucial for reasons including tax.
As we all know, the Canadian Government has set down some rules and regulations. A business permit is a solemn promise to abide by them when operating within the country boundaries.
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Common Business Permits You May Need
Depending on the industry you belong to, here are some of the most approached permits and licenses:
- Health permits
- DBA license
- Police and fire permit
- Sales tax permit
- Environmental permit
- General business permit
- Signage permit
- Zoning permit
- Home occupation permit
Which among them does your business require? It’s challenging to figure it out on your own. However, a few tools can help you determine the most suitable one and let you operate legally within the territory of Canada. BizPaL is one such resort to determine which documents can prove helpful for all levels of the Government. Just bear in mind that your license requirement is entirely dependent on the industry you are representing and the province you are occupying.
How to Apply for a Business Permit in Canada?
If you are dreaming of establishing your business somewhere in the country, you must know that there are three levels of Government here – municipal, provincial and federal. Now, one of the many ways to apply for a permit is by figuring out under which government level the permit is available. If you find out that it’s at the federal level, then the following steps shall work:
- Go to the Government of Canada website.
- Locate the “permits, license and regulations” and search for the permit you wish to apply.
- Dial-up 1-888-576-4444.
However, if the permit you are seeking is issued provincially, then proceed by following the steps below:
- Again, visit the same Government website.
- Get hold of the Permits and License search.
- Go to the municipal office or city hall.
- Next, stop at the local Companies Office.
The staff present there shall guide you along with the steps to operating business legally in the country.
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Apply, Obey and Flourish!
Now that you know that it’s easy to obtain a business permit in Canada, go ahead and apply for it online. You may have to get in touch with the town council to cross-check your eligibility for running a business under Canadian law. The rest is self-explanatory, with success promised to committed ones. We hope the column has been edifying for those ready for entrepreneurship. Let us know your thoughts!