What to Do if You Don’t Have a Company Key in Ontario
If you’re trying to renew or amend your registered business in Ontario but can’t find your company key, you’re not alone. Many business owners have faced this same issue since the launch of the Ontario Business Registry. Fortunately, there are a few ways to move forward—and Ontario Business Central is here to help.
What is a Company Key & Why Do You Need It?
A company key acts like a digital signature for your business, allowing you to securely access and make changes to your registration through the Ontario Business Registry (OBR). You’ll need it for tasks like:
- Renewing your business registration
- Making amendments (e.g., changing business address, activity, or ownership)
- Filing updates required by the province
Without it, these updates can’t be submitted online.
Option 1: Let Ontario Business Central Help You Retrieve or Register Your Company Key
We offer services to assist in:
- Submitting a renewal or amendment registration through Ontario Business Central where you can request that we get your company key as part of your renewal order.
If your business is still active and listed in the system, we can often help you complete the necessary steps without delay.
Option 2: Requesting a New Company Key Through Ontario Business Central
If your company key isn’t found or hasn’t been registered, the next step is to request a new one.
Here’s how it works:
- Submit a request for a company key through Ontario Business Central.
- We will forward the request to the Ontario Business Registry on your behalf.
- The province will mail a physical copy of the company key to the business address listed on your current registration.
- This ensures only authorized individuals can gain access.
It’s important to note that the mailing address must still be valid and accessible. If you’ve moved, this could delay the process.
What If I Have a Corporation? Can I Get a New Corporation & a New Company Key?
If your business is a corporation, the process isn’t as simple as starting fresh with a new registration. While it is technically possible to incorporate a new business and obtain a new company key, there are several important considerations:
- You would need to dissolve the existing corporation, which can be a more complex and time-consuming process compared to canceling a Sole Proprietorship or General Partnership.
- After dissolution, you would then need to incorporate a brand-new entity, which comes with its own set of fees and legal requirements.
- You’ll be required to set up a new corporate bank account, and the CRA will need to issue entirely new tax accounts, including HST, payroll, and corporate tax.
- Any existing assets, contracts, or liabilities tied to the original corporation would need to be reassigned or resolved before you move forward.
Because of the higher cost, additional paperwork, and more complex tax implications, this option is not usually recommended unless absolutely necessary and should be carefully reviewed with professional advice.
Why Work With Ontario Business Central?
At Ontario Business Central, we’ve been proudly supporting entrepreneurs and business owners for over 30 years. As an authorized intermediary with the Province of Ontario, we have direct access to the Ontario Business Registry and the experience needed to help you navigate the process of managing your business registration—including recovering or registering your company key.
Whether you’re renewing your business, requesting a new company key, or looking at your options for moving forward, our team is here to make it easy. We offer fast, reliable, and supportive service with live Canadian agents available by phone, email, or chat to answer any questions you have.
We’re here to help you succeed every step of the way.
inquiries@ontariobusinesscentral.ca
Toll-Free: 1-800-280-1913
Local: 1-416-599-9009
Fax: 1-866-294-4363
Office Hours: 9:00am – 5:00pm
Monday – Friday E.S.T.
Ontario Business Central Inc. is not a law firm and cannot provide a legal opinion or advice. This information is to assist you in understanding the requirements of registration within the chosen jurisdiction. It is always recommended, when you have legal or accounting questions that you speak to a qualified professional.