Province Launches New Modern Ontario Business RegistryPublished on August 19, 2021
Ontario’s businesses and not-for-profit corporations are overdue for a new business registry that meets the needs of our modern economy and rapidly expanding digital world.
That is why the government launched the new Business Registry, which will help ensure businesses can access the services they need quickly and efficiently.
This modern online service will make it easier and more affordable for millions of businesses and not-for-profit corporations to access Ontario government services such as registering a business, incorporating a not-for-profit, and filing an annual return.
For the first time ever, people across the province will have direct access to over 90 services 24 hours a day, 365 days a year and will be able to complete electronic transactions immediately, rather than taking weeks to do so through the mail or by fax.
The current system was built nearly 30 years ago and runs on outdated technology. Ontario’s businesses and not-for-profit corporations are overdue for a new business registry that meets the needs of our modern economy and rapidly expanding digital world.
At the same time, the government is enacting the Not-for-Profit Corporations Act, 201 which will significantly reduce the bureaucratic burden on not-for-profit corporations. This legislation will make it easier for them to access an online government system for registrations and filings, saving them time, reducing duplication of paperwork, and allowing them to focus more on serving our communities.