Regina is different from many other municipal jurisdictions because there is a good chance that you will not require a business license to operate your business. The city of Regina explains it this way:
What the second point means is that if your business is operating from a normal commercial business premises, it will not be required to obtain a license unless it conducts the specific business activities mentioned.
As home-based businesses do not pay commercial or industrial property taxes, they will require business licenses. There is an exemption for home-based businesses that do not gross more that $5,000 in revenue as determined by the Canada Revenue Agency.
Home based businesses with revenues above the $5,000 threshold will have to obtain a Resident Business License at a cost of $112.50 for the first year and $225 annually for every year after that.
Non-residents wanting to do business in Regina are required to obtain a Non-resident Business License at a cost of $450 per year.
The business license application process can be completed either in person or by mail. The business license application forms can be downloaded here.
Posted by Business Plan Genius Ltd. Oct 4, 2011
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