Business Registration vs. Business Licence in BC: What’s the Difference?
Business registration and a business licence aren’t the same in British Columbia. Quick Answer Registration creates or records your business or business name with the appropriate registry, while a business licence gives permission to carry on certain activities in a municipality or regulated industry. If you need to register a business in BC, you may still need one or more licences, permits or tax accounts before you can legally operate. Register a Business in BC Business Registration vs. Business Licence at a Glance Quick answers on registration and licensing Question Answer Are registration and licensing the same? No Does registration create a corporation? Only incorporation creates a corporation Does a business licence create a corporation? No Does incorporation replace a business licence? No Do all sole proprietors need provincial registration? No, not if operating only under the proprietor’s own legal name Do all BC businesses need the same municipal licence? No Can a busine...