Starting a business in British Columbia (B.C.) offers great opportunities thanks to its strong economy, diverse markets, and business-friendly environment. Whether you’re launching a small local shop or building a scalable tech company, registering your company is one of the first legal steps.
This article outlines everything you need to know about registering a company in B.C., including types of businesses, key steps, fees, and compliance requirements.
Why Register a Company in British Columbia?
Registering your business in B.C. gives it formal recognition under provincial law, which:
- Protects your business name in B.C.
- Gives you access to tax benefits and government programs
- Legitimizes your business to banks, investors, and customers
- Limits your personal liability (for incorporated businesses)
Types of Business Structures in B.C.
Before registering, you must choose the right structure for your business. Common options in British Columbia include:
1. Sole Proprietorship
- Owned by one individual
- Simple and low-cost to register
- No legal separation between owner and business
2. Partnership
- Owned by two or more people
- Partners share profits, losses, and liabilities
3. Corporation
- A separate legal entity from its owners (shareholders)
- Offers liability protection
- More complex and subject to regulatory requirements
Each structure has different tax, liability, and regulatory implications. Corporations must be registered with the B.C. Company Registration, while sole proprietorships and partnerships are registered under the Business Names Act.
How to Register a Company in B.C.
Step 1: Choose a Business Name
Pick a unique name that reflects your business and complies with provincial naming rules. You can register as:
- Named business (e.g., “West Coast Eco Cleaners Inc.”)
- Numbered company (e.g., “1234567 B.C. Ltd.” — only for corporations)
To register a name, you’ll need to submit a Name Request to the B.C. Registry via the Name Request online system.
Note: If you’re registering a sole proprietorship under your own legal name, you may not need a Name Request.
Step 2: Submit Your Name Request
Go to the Name Request website and submit your proposed business name. Once approved, the name is reserved for 56 days.
Fee: $30 (as of 2025)
Step 3: Register Your Business
Once your name is approved, you can register your business through the B.C. Business Registry online portal:
- For sole proprietorships and partnerships: Use the Business Name Registration service.
- For corporations: File the Incorporation Application, which includes:
- Articles of Incorporation
- Notice of Articles
- Incorporation agreement
Fee (Incorporation): $351.58 (as of 2025)
Visit: www.bcregistry.ca/business
Step 4: Set Up Your Business Number and Tax Accounts
After registration, apply for a Business Number (BN) with the Canada Revenue Agency (CRA). You may also need to register for:
- GST/HST
- Payroll deductions
- Import/export accounts
This can be done through the CRA’s Business Registration Online portal.
Step 5: Get Other Required Licences and Permits
You may need additional licences depending on your location and industry. Use BizPaL to identify permits for your business in your municipality.
Examples include:
- Local business licence
- Health and safety permits
- Industry-specific certifications
Ongoing Obligations
Once registered, you’ll need to stay compliant by:
- Renewing registrations annually (for sole proprietorships/partnerships)
- Filing annual reports (for corporations)
- Updating business information (e.g., address, directors)
Corporations must also maintain a corporate records book and hold regular meetings.
Final Thoughts
Registering a business in British Columbia is a key milestone that gives you legal recognition, builds trust with customers, and sets the stage for growth. Thanks to B.C.’s digital tools and streamlined processes, registration is easier than ever — but it’s important to choose the right structure and follow all regulatory requirements.
If you’re unsure which path is right for you, consulting with a lawyer or accountant can help you make an informed decision.
