- Filing Initial Returns within 60 days of incorporation is obligatory for Ontario Incorporation. Failing to do so may nullify your corporation.
- If you make sales and generate revenue, for applicable amount, you are required to collect GST/HST from customers. For applicable amount, if you didn't collect GST/HST, you could be held liable by CRA. Highly recommended.
If your business involves with importing commercial from outside of Canada, or exporting commercial goods to out side of Canada, you should register for an import/export account. The government of Canada uses the import/export account number to process your customs documents.