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Registration & Taxes A social enterprise in Ontario must be registered in the same way as a small business, and is also subject to the rules for GST and PST. For specific information on how to register the name of your social enterprise, visit the Ontario Ministry of Government and Consumer Services or Enterprise Toronto. You will need to find out who in your organization is authorized to register a business name (likely your Controller or Finance Director). Social enterprises run by non-profit organizations must charge GST on taxable sales of $50,000 or more, and remit any GST collected, net of GST paid, to the federal government. More information is available from Revenue Canada’s web site. Social enterprises that sell taxable goods and services to consumers must obtain a vendor’s permit from the Government of Ontario, charge PST to their customers, and remit all PST collected to the provincial government. More information is available from the Ministry of Revenue’s web site. Licensing & Legislation Social enterprises must also comply with any federal, provincial and municipal regulations that apply to the business they are operating. In Toronto, most businesses require a business licence. Most industries are subject to some type of legislation. More information There are several web sites that provide an array of information on starting a business, most of which also applies to social enterprises:
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