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Get your online store up and running in Prince Edward Island

Everything you need to register and launch a retail business in Prince Edward Island, in order. Work through the steps at your own pace. Your progress is saved in this browser, or to your account if you sign in.

0 of 57 tasks done0%
  1. 1Choose your structure and business nameDecide how the business is set up and what it is called.0/4 tasks · 1–2 hours
  2. 2Register your business name with the Corporate RegistryGet the name approved and register it online, unless you trade under your own name.0/5 tasks · 1–2 hours, plus a few days for the name review
  3. 3Get your CRA Business NumberThe federal number that your tax accounts attach to.0/3 tasks · 20–30 minutes
  4. 4Register for HST (15%)Prince Edward Island has one combined sales tax, collected for the CRA.0/5 tasks · 30 minutes
  5. 5Check your municipal permits and zoningIn Prince Edward Island, home business rules are set by your municipality.0/5 tasks · 1–2 hours
  6. 6Get business insuranceProtects you personally if something goes wrong.0/5 tasks · 1–2 hours
  7. 7Open a business bank accountKeep business money separate from personal money.0/4 tasks · 1 hour
  8. 8Set up bookkeeping and income taxTrack sales, HST and expenses from day one.0/5 tasks · 2–3 hours
  9. 9Get approved by a payment processorDo this early. Processors review each business before approving it.0/5 tasks · Days to weeks
  10. 10Website legal pages and privacyPolicies and privacy law for your store.0/5 tasks · 3–5 hours
  11. 11Product labelling and complianceWhat to check before you list products for sale.0/5 tasks · 1–2 hours
  12. 12Open your reseller accountThe final step before you can order stock.0/6 tasks · 30 minutes