Reference

Ontario Business Glossary

Plain-English definitions of the terms you'll run into when starting or managing an Ontario business.

Annual Return

A yearly filing that keeps a corporation's registry information current. Not the same as an income tax return.

Annual Returns guide
Articles of Incorporation

The founding document that creates a corporation, setting name, share structure, and initial directors.

Incorporation hub
Articles of Amendment

A filing to change the corporate name, share structure, or restrictions of an existing corporation.

Articles of Dissolution

The filing that formally ends a corporation's legal existence.

BIN (Business Identification Number)

The number assigned to an Ontario business name registration.

Business Number (BN)

A 9-digit CRA identifier that anchors your tax accounts (GST/HST, payroll, corporate tax).

Business Taxes
Certificate of Status

Official confirmation that a corporation exists and is in good standing.

Company Key

A confidential credential used to authorize filings through the Ontario Business Registry.

Company Key guide
Continuation

Moving a corporation from one jurisdiction to another (e.g. federal to Ontario).

Director

A person elected by shareholders to supervise a corporation.

Extra-Provincial Corporation

A corporation registered to operate in a province other than its home jurisdiction.

GST/HST

Federal / harmonized sales tax charged on most goods and services in Ontario.

GST/HST guide
Initial Return

A filing shortly after incorporation to confirm director and office information.

Minute Book

The collection of a corporation's key records — articles, by-laws, resolutions, and registers.

Notice of Change

A filing to update registry information such as directors or the registered office.

NUANS

A name search system used to check proposed corporate names for conflicts.

Officer

A person appointed by the directors to manage day-to-day operations (President, Secretary, Treasurer).

Operating Name

A name a business uses publicly that's different from its legal name.

Registration guide
Registered Office

The official Ontario address of a corporation for legal service and records.

Shareholder

A person or entity that owns shares in a corporation.

Sole Proprietorship

An unincorporated business owned by one individual.

Structures
WSIB

Ontario's workplace safety and insurance system — employers may be required to register.