Looking to start your business in Canada but want to avoid the hefty costs of major cities like Toronto or Vancouver? New Brunswick might be the perfect destination. This Atlantic province offers a strategic location, lower cost of living, and a welcoming business environment, making it a smart choice for both Canadian residents and foreign entrepreneurs.
Whether you’re launching a startup or expanding internationally, this guide will walk you through the process of registering your company in New Brunswick, the documents you’ll need, legal and tax requirements, and why this province is a great place to do business.
Why Start a Business in New Brunswick?
New Brunswick offers many strategic benefits for new and expanding businesses:
1. Strategic Atlantic Location
Located on Canada’s east coast, New Brunswick provides easy access to the U.S. and European markets, due to deep-sea ports and modern infrastructure.
2. Supportive Business Environment
The Government of New Brunswick supports entrepreneurs with:
- Funding & grants through opportunities New Brunswick (ONB)
- Payroll rebates
- Export and market development assistance
3. Skilled and Educated Workforce
With institutions like the University of New Brunswick and Mount Allison University, the province produces top talent across industries like IT, engineering, healthcare, and more.
4. Lower Cost of Living & Operations
From office rent to utilities and wages, operating costs are significantly lower than in provinces like Ontario or British Columbia—giving you more runway to scale.
How to Start a Company in New Brunswick, Canada?
Starting a business in New Brunswick involves several legal and administrative steps. Here’s how to get started:
Step 1: Choose a Business Name
Start by choosing a unique and compliant business name. Use New Brunswick’s Online Corporate Affairs Name Search to ensure your business name isn’t already taken.
Selecting a name that accurately represents your company and is simple for investors and consumers to remember is essential.
Step 2: Decide on a Business Structure
Your business structure determines liability, taxes, and funding opportunities. In New Brunswick, common structures include:
- Sole Proprietorship – Simple and low-cost, but you assume full personal liability.
- Partnership – Shared ownership between two or more individuals.
- Corporation – A separate legal entity that limits personal liability and offers tax planning advantages.
Most foreign investors choose a Corporation for liability protection and long-term scalability.
Step 3: Register Your Business
Once you’ve selected your name and structure, register your business with the Companies and Personal Property Security Branch (CPPSB). Registration can be done online or by mail.
Documents required include:
- Name reservation certificate (if applicable)
- Articles of Incorporation
- Consent to Act as Director
- Notice of Registered Office
Key Documents Required to Incorporate in New Brunswick
| Document | Purpose |
| Articles of Incorporation | Outlines your company’s legal structure, name, share details, and directors. |
| Notice of Registered Office | Lists the company’s official address for legal communication. |
| Consent to Act as Director | Each director must sign this to confirm their role. |
| Business Number (BN) | Issued by CRA, required for taxes and payroll. |
Requirements to Start a Business in New Brunswick
Here’s what you need to legally operate:
| Requirement | Description |
| Business Number (BN) | Register with CRA |
| HST Registration | Mandatory if revenue > CAD $30,000 |
| Work Permits (for foreigners) | Foreign nationals must get a work visa or set up via a business immigration route |
| Industry-Specific Licenses | Food, retail, health, tourism, etc. |
Legal & Tax Requirements in New Brunswick
1. Get a Business Number (BN)
Apply for a Business Number from the Canada Revenue Agency (CRA). This is used for:
- GST/HST collection
- Payroll deductions
- Import/export accounts
2. Register for HST
In New Brunswick, the Harmonized Sales Tax (HST) is 15%. You must register if you expect more than CAD $30,000 in annual revenue.
3. Obtain Industry-Specific Permits
Depending on your industry, you may require additional licenses:
- Food Safety Permits
- Municipal Business Licenses
- Health & Tourism Licenses
How OnDemand International Can Help you Set up Your Business Presence in Canada?
Starting a business, especially from abroad, can feel overwhelming. OnDemand International provides expert assistance with:
- Company registration & incorporation
- Name search and document filing
- Tax & compliance setup
- Immigration support (if applicable)
Conclusion
Starting your company in New Brunswick is not just doable—it’s smart. With a thriving economy, top-notch talent, and government assistance, New Brunswick provides business owners with a strong and reasonably priced entry point to both domestic and international markets.
By following the right steps and complying with legal requirements, you can build a strong foundation for success. Whether you’re a Canadian resident or a foreign entrepreneur, this province welcomes innovation and investment with open arms.
Ready to get started?
Let OnDemand International help you register your business in New Brunswick today. Reach out to our team for personalized support and guidance.
