CRA Guide (Canada Revenue Agency)
Understanding the basic CRA requirements when starting up your business is essential to staying organized and not getting caught with late filing fees. Here is a guide of the most common forms and information I reach for when setting up a client with their CRA documents.
Registering for a Business Number
Note: There are different programs through the CRA that need to be registered for separately.
If your income will by $30,001 in 4 consecutive calendar quarters.
Note: You can still collect and remit GST even if you make under $30,000. If you are unsure about your potential income in one year, this is recommended.