Connecting the Corporation with CRA

Connecting the Corporation with CRA

• Incorporation course
• June 14, 2021

Connecting the Corporation with CRA

Once the corporation has been created, one of the most common questions we receive from clients is, "How do I set up the tax account(s) and Business Number(BN)?" This is taken care of at the Federal level and should be requested when the incorporation has been certified. Often, when a corporation is formed, the lawyer/registrar/applicant fails to request this number. The establishment of this number typically only takes a few days and is mailed from CRA, if it is requested(applied for) to the corporate address listed on the paperwork. This notification from CRA, regarding the BN should be received in the mail within two weeks of the request. It is very important to follow up if the BN is not received within that time frame.

To know more, write to us today at robert@wattersonfinancial.com or give us a call today on 647 403 5381

For more information about our tax services, feel free to reach out to our experts at Watterson Financial Solutions Inc To connect with us, you can either call us at 647-403-5381 or email us at robert@wattersonfinancial.com. We are a team of dedicated accounting and finance professionals, and we cater to the needs of individuals and business owners. We specialize in all areas of tax, accounting, assurance, succession planning, risk management, and business consulting. That way, we can give you full control over your finances. We also provide business advice to companies in different industries so you can become tax-efficient and transition your business into the new economy.

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