Ready to open an account?

A TD Business Banking Specialist is ready for you

Starting a Business in Canada

Starting a business can be a challenging and rewarding endeavour. With the right planning, resources, and groundwork you'll enjoy a better chance of success.


Consider Business Compliance

Think about the legal stuff.

While we can help with your business banking needs to manage cashflow, the Government of Canada has a lot of useful resources to help start your business, including information on:


Choosing a Business Structure

The way you structure and own your business affects your responsibilities and tax rules. There are three main types:

Ready to register your business name or incorporate your business? Visit ESC Corporate Services

Note: The business registration and incorporation services are currently available provincially in Ontario, Quebec and federally in Canada.

To learn more about different business structures, visit the Government of Canada site.


Protecting Intellectual Property

Intellectual property (IP) refers to intangible assets like patents, inventions, brands, designs, processes, technologies or software, to name a few.

Protecting your IP rights may be important because it can give your business a competitive edge, especially in a crowded marketplace.

Professionals can help you navigate IP and the Government of Canada offers helpful information on learning to identify your IP assets as well as instructions on how to protect them, including patent registrations.


Registering Your Business

Visit ESC Corporate Services website to find the information you need to register your business. 

For additional information, visit the Government of Canada site. 


Payroll & Taxes

Take some time to learn about how to collect, report, and remit taxes.

You will likely need to register for your goods and services tax (GST) and harmonized sales tax (HST) number from the Canada Revenue Agency. This may also be required if you're setting up a corporation, in order to register employee payroll deductions, make job offers, and set up employee deductions.

Visit Making Payments for more information on paying employees and taxes.


Tools & Calculators

Products and services to help get you started

  • Small Business Bank Accounts

    Discover the benefits of a TD Small Business Bank Account to meet your business needs.

  • Business Credit Cards

    Choose the cash back, travel rewards, or low interest rate credit card that fits your business needs.

  • Receiving & Making Payments

    Keep your cash flow moving successfully and stay on top of things.


Articles on Starting Your Business


Get in touch