Changing your legal status

Whenever there is a change to the legal ownership or structure of your business, you have to contact your tax services office.

In most cases, you will have to close your existing Business Number (BN) and Canada Revenue Agency (CRA) accounts and register for new ones.

Some examples of changes to legal status are as follows :

• Sole proprietorship to corporation
• Partnership to corporation
• Partnership to sole proprietorship
• Two or more corporations amalgamate to create a new corporation

Forms and publications

• The Business Number and Your Canada Customs and Revenue Agency Accounts booklet (RC2)
• General Information for GST/HST Registrants guide (RC4022)

Related topics

• Advantages and disadvantages
• BusinessGateway.ca
• Related provincial and territorial government sites
• Canada's Business and Consumer Site