Master Business License

Register your business name, simply.

A Master Business License is Ontario’s official registration for anyone operating under a name other than their own — sole proprietors, trade names, and general partnerships. It’s the fastest, lowest-cost way to legally open a bank account and start invoicing under your business name, without incorporating.

3/3

registration types

$69
starting service fee
Why register with us
§ How it works

From business name to registered in one sitting.

01

Confirm your structure

Tell us if you’re a sole owner, using a trade name, or registering a partnership.

02

Name search

We confirm your business name is available and clear to register.

03

Registration filed

Filed with the Ontario business registry the same day your details are confirmed.

04

BIN issued

Your Business Identification Number and registration document delivered, ready for banking.

§ Why it matters

Operating under an unregistered name is against the law in Ontario.

01 · Legal requirement
Mandatory

Ontario’s Business Names Act requires anyone carrying on business under a name other than their own legal name to register it.

02 · Banking
Required

Banks require a registered business name and BIN before they’ll open a business bank account or process business payments.

03 · Speed

Minutes, not weeks

A registration is often issued in minutes, far faster than incorporating a company.

04 · Renewals

Expires every 5 years

Registrations lapse after five years — we track and remind you before yours does.

05 · Cost

Low cost to start

A fraction of the cost of incorporating, ideal for testing a business idea.

§ Registration details

What each registration type covers.

Individual

Sole Proprietorship (New or Renew)

$69 + government fee

If you’re running a business on your own under a name other than your legal name — like “Jane Smith Consulting” instead of just “Jane Smith” — Ontario law requires you to register it. We handle new registrations and renewals for existing sole proprietors whose five-year term is expiring.

Group structure

Trade Name (New or Renew)

$99 + government fee

A trade name lets an existing sole proprietor, partnership or corporation operate a specific line of business under a different public-facing name than their registered legal name. This is common for businesses running multiple brands or divisions. We register new trade names and renew existing ones before they lapse.

Partnership

General Partnership

$89 + government fee

When two or more people go into business together without incorporating, Ontario requires the partnership’s business name to be registered, listing every partner involved. We prepare and file the registration, and can help coordinate a partnership agreement with your legal advisor.

§ Common questions

Master Business Licenses, explained.

Do I need a Master Business License if I use my own legal name?

No. If you operate strictly under your own personal legal name with no additions, you don’t need to register. The moment you add anything to it — like “Jane Smith Photography” — registration is required.

A sole proprietorship registration is for an individual starting to operate a business under a name for the first time. A trade name registration is for an existing business — sole proprietorship, partnership or corporation — that wants to operate an additional brand or division under a different name.

Registrations are valid for five years from the date of registration or last renewal, after which they must be renewed to remain valid.

Yes. Many businesses start as a registered sole proprietorship or partnership, then incorporate once they’ve validated the business and want liability protection or tax planning advantages.

No — the partnership itself is registered once, under the business name, with all partners listed on that single registration.

Most registrations are processed the same day, often within minutes once your name search clears, so you can move straight to business banking.