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 MASTER PERMIT NUMBER 2023

2023-2024 Form

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hello guys welcome to incorp Pro let's learn about master business license in Ontario a business name registration also known as a master business license is divided into three categories a sole proprietorship trade name and general partnership the benefits of a master business license are easy maintenance and low setup [Music] costs the downsides are no name protection against other businesses and unlimited liability of the owner in a sole proprietorship the name is owned by a single individual the owner must have a physical address in [Music] Ontario the owner must be above 18 years old a trade name is owned by a corporation registered in ont tario it is also known as an operating name or doing business as the corporation owner of a trade name must be registered extra provincially in Ontario a general partnership is owned by more than one individual or Corporation the owners must have an Ontario address the owners must be above 18 years old with a master business license you can regi

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