| REGISTRATION OF A NAME
- You may have to register your company name before you start using it.You
are responsible for ensuring that the your business name is not already
in use.
ZONING AND BYLAW APPROVAL
- It is very important for your business to check zoning and bylaw regulations
before signing a lease or new construction take place.
LICENCES AND PERMITS
- Many businesses, but not all, require a municipal licence, to find out
more about that check with your municipal licensing board or commission.
SPECIAL REGULATORY LICENCES
- Many businesses may be subject to special regulatory licences. They are
designed to protect the interest and safety of the public regarding the
use, application or sale or sale of certain items or services ( food, alcoholic
beverages, drugs, transportation, motor vehicle operations and so on ).
GOODS AND SERVICE TAX
- Most goods and services are taxable and some products are exempt from
tax. More information about taxation may be obtained from tax offices.
INCOME TAX -
Some businesses may have to pay income tax. To find more about that contact
your Ministry of Finance.
MUNICIPAL BUSINESS TAX
- Most municipalities levy a business tax, usually assessed as a percentage
of the rental value of your business facilities.
LABOUR CODES
- If you are hiring employees, you may be affected by the various labor
codes. Knowing them and regarding them can protect you and your business
from lawsuits later on. For information about safety, minimum wage, working
hours and so on, contact the labour office nearest to you.
MANDATORY EMPLOYEE DEDUCTIONS
AND TAXES
-If you hire employees,
you'll have to make regular deductions from their paychecks.
CONSUMER PROTECTION LEGISLATION
- Determine what regulations apply to your business, because that may affect
the way you manufacture your product or sell your good or service.
QUALITY CONTROL
- Your business may be subject to periodic government inspection
to ensure you are meeting accepted standards or practices regarding health
and safety, depending on type of your business.
THIS
LIST IS BY NO MEANS COMPLETE, BUT INDICATES SOME AREAS, YOU HAVE TO INVESTIGATE
TO DETERMINE WHAT REGULATIONS APPLY TO YOUR TYPE OF BUSINESS. |