Registering A Marijuana Dispensary

How To Register A Marijuana Dispensary

Marijuana dispensaries are very prevalent all around Canada and particularly in Vancouver, British Columbia. They are generally for-profit businesses that sell marijuana and are distinct from both the federal government’s medical marijuana program, as well as compassion clubs, the latter of which are typically not for profit and are generally designed to meet health-based needs.

 

Although marijuana dispensaries are technically illegal, they are tolerated in many cities, operating in the gray area of the law. In fact, there has been a sharp rise in marijuana dispensaries in Ontario due to the discussion around legalization and the fact that some provinces appear to be moving in favour of marijuana decriminalization and even legalization.

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Laura Bio Headshot

Laura Harvey is an entrepreneur herself as the owner of Ontario Business Central Inc. Her passion has always been about supporting the entrepreneurial spirit and advancement within Canada.

Laura authors in-depth blogs for Ontario Business Central assisting entrepreneurs and business owners to start, manage and grow their businesses. She has almost 30 years of expertise as a corporate specialist and 25 years of being an entrepreneur. Laura has the unique position of supporting a community that she also belongs to. She walks the walk right along with you.

You can find Laura on Linkedin and Twitter using the links below.

Collecting And Remitting HST In Ontario

A Business Owner’s Guide To Collecting And Remitting HST In Ontario

Most business owners in Ontario will have to charge, collect and remit certain taxes. Whether or not you have to undergo this process will ultimately depend on the type of business that you have, as well as its location and structure. The tax that business owners are responsible for charging, collecting and remitting in Ontario is HST, otherwise known as harmonized sales tax.

 

HST combines PST and GST into one tax. Ontario collects HST at 13%. Some goods and services are are zero-rated, which means that while HST still applies, it is applied at 0%. This includes basic groceries, prescription drugs and livestock and fishery products. Other items are exempt from HST, including child care, health (including dental services), legal aid and music lessons. Keep in mind that if your business makes less than $30,000 in a 12-month period, you will not have to register for HST. If this does not apply to you, here is a guide to collecting and remitting HST in Ontario. How to Collect HST:

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Laura Bio Headshot

Laura Harvey is an entrepreneur herself as the owner of Ontario Business Central Inc. Her passion has always been about supporting the entrepreneurial spirit and advancement within Canada.

Laura authors in-depth blogs for Ontario Business Central assisting entrepreneurs and business owners to start, manage and grow their businesses. She has almost 30 years of expertise as a corporate specialist and 25 years of being an entrepreneur. Laura has the unique position of supporting a community that she also belongs to. She walks the walk right along with you.

You can find Laura on Linkedin and Twitter using the links below.

Creating An Incorporated Business In Ontario

What Are The Steps For Creating An Incorporated Business In Ontario?

An incorporated business is its own legal entity, meaning that it is separate from its shareholders. There are many advantages of incorporated businesses, including decreased personal risk and liabilities, access to government grants, tax advantages and the ability to obtain the funds in order to further grow your company. An incorporated business also offer the opportunity to provide shares of the corporation to its employees. A name search (A NUANS report is mandatory when completed a named incorporation. Here are the steps to create an incorporated business in Ontario:

 

What are the Steps for Creating an Incorporated Business in Ontario?

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Laura Bio Headshot

Laura Harvey is an entrepreneur herself as the owner of Ontario Business Central Inc. Her passion has always been about supporting the entrepreneurial spirit and advancement within Canada.

Laura authors in-depth blogs for Ontario Business Central assisting entrepreneurs and business owners to start, manage and grow their businesses. She has almost 30 years of expertise as a corporate specialist and 25 years of being an entrepreneur. Laura has the unique position of supporting a community that she also belongs to. She walks the walk right along with you.

You can find Laura on Linkedin and Twitter using the links below.

Change A Business Address

How To Make Incorporated Company Changes In Ontario

Making incorporated changes in Ontario is an easy, quick and hassle free process with the help of Ontario Business Central. Our convenient location to the Ministry of Government Services means we can make same day filing possible. Depending on the changes you want to make, follow the appropriate steps as outlined below – different changes require separate applications so take care to choose the appropriate one.

 

Changing the Name of the Corporation/Structure/Number of Directors: In Ontario, articles of amendment are filed for the following three reasons: changing the name of a corporation, changing the structure or changing the minimum or maximum number of directors. If you are looking to make any of the above changes to your incorporated company in Ontario, a manual filing with the province is necessary in addition to the original signature from the director. However, Ontario Business Central makes the process of making any of the above changes very simple. Here is what you need to do:

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Laura Bio Headshot

Laura Harvey is an entrepreneur herself as the owner of Ontario Business Central Inc. Her passion has always been about supporting the entrepreneurial spirit and advancement within Canada.

Laura authors in-depth blogs for Ontario Business Central assisting entrepreneurs and business owners to start, manage and grow their businesses. She has almost 30 years of expertise as a corporate specialist and 25 years of being an entrepreneur. Laura has the unique position of supporting a community that she also belongs to. She walks the walk right along with you.

You can find Laura on Linkedin and Twitter using the links below.