Corporations are required to file an Initial Notice or Notice of Change Form 1, Corporations Information Act, with the Ministry of Consumer and Commercial Relations, Corporate Services Section, within 60 days of incorporating. When a corporation intends to operate of have branch operations in more than one province, a federal incorporation may be advantageous. If a corporation intends to operate only in Ontario, it may be pre ferable to incorporate to operate only within that province. Many businesses including retail and service outlets, restaurants and lounges, manufacturing and processing operations, may be subject to licences. The licences are designed to protect the interests and safety of the public regarding the use, application or sale of certain items or services.
Many businesses require a municipal licence.
Check with your municipal city hall to see if you have to obtain a municipal business licence. The fees can vary from a few dollars to a thousand or more, but in most cases the fees are nominal. For regular business licences, check with your municipal licensing board, commission or by-law officer. Liquor Licences Developers who propose to operate establishments where alcoholic beverages will be served must obtain approval from the Liquor Licence Board of Ontario. 55 Lake Shore Blvd.