Start Your All Other Consumer Goods Rental Business in Burnaby
This page gives you a practical, step-by-step roadmap to launching an All Other Consumer Goods Rental business (NAICS 532289) in Burnaby. It covers the five key requirements, the permits you’ll likely need, typical startup costs, and a realistic timeline—from registration to opening day—so you can move forward with clarity and confidence.
What you’ll learn: the five essential steps to get started. 1) pick a structure and register your business, 2) apply for a Burnaby municipal license, 3) set up a CRA Business Number and GST/HST account, 4) secure general liability insurance (and a lease if you rent space), and 5) align storage, safety, and consumer-rental compliance. We’ll also outline typical startup costs and a realistic timeline.
Burnaby’s mix of neighborhoods, industrial zones, and strong logistics networks makes it a smart place to launch and grow a consumer goods rental business.
Requirements Overview
The most critical requirement for operating a business in Burnaby is Business Number (BN) Registration. This federal identifier is what you’ll use to work with government programs such as GST/HST, payroll deductions, and corporate taxes. For an all other consumer goods rental business, you cannot legally operate or properly file reports without a BN, so obtaining it is non-negotiable.
Mandatory Operational Requirements: In terms of health and safety, WorkSafeBC Coverage and Registration is required if you have employees and is essential for keeping workers safe and meeting provincial rules. Plan for safety training, clear handling procedures for rented items, and proper customer safety practices. For permits, check Burnaby city requirements for any licenses related to rental activity, and keep your records organized so you stay in good standing.
Business Registration & Tax: After you have your BN, you’ll handle business registration and tax numbers. If you’re using a name other than your own, you’ll need BC Business Name Registration (Sole Proprietorship/Partnership). You’ll also consider GST/HST Registration if your taxable supplies meet the threshold or if you choose to register voluntarily. And if you hire employees, Payroll Deductions Registration will be required. These steps ensure you can legally collect GST/HST, remit payroll taxes, and report income.
Encouragement: Ready to get started? Begin by applying for your BN through the CRA, then determine whether you need BC Business Name Registration. Track GST/HST thresholds and set up payroll accounts if you hire. Finally, reach out to WorkSafeBC to confirm coverage requirements and to learn about training and safety obligations. If you’d like, I can help you map a simple 4-week action plan to get compliant and up and running in Burnaby.
Detailed Requirements
Here are the specific requirements for starting a all other consumer goods rental in Burnaby:
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Business Number (BN) Registration RequiredA 9-digit Business Number is required for most businesses operating in Canada. It is used to interact with the Canada Revenue Agency and other federal programs. Required for GST/HST, payroll, corporation income tax, and import/export accounts. Register FREE online through Business Registration Online (BRO) at canada.ca. Takes 15-30 minutes. As of November 3, 2025, online registration is MANDATORY for new BNs - phone registration no longer available. You'll need: business name, address, owner SIN, business type, and start date. BN (9-digit number) issued INSTANTLY online. Available 21 hours/day, 7 days/week (closed 3-6am ET for maintenance).
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BC Business Name Registration (Sole Proprietorship/Partnership) RequiredRegistration of sole proprietorship or partnership business names with BC Registries Register sole proprietorship or partnership at bcregistry.gov.bc.ca. Name reservation: $30 (standard) or $100 (priority 1-2 days). Registration fee: $40. Total: ~$70. Name reserved for 56 days after approval. Registration is continuous (no renewal required). No name protection for sole proprietorships. Personal names operating under own name do not require registration. Contact BC Registries: 1-877-526-1526.
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GST/HST Registration ConditionalRequired if annual taxable revenue exceeds $30,000 (small supplier threshold). Taxi/ride-share drivers must register regardless of revenue. Businesses with gross revenues over $30,000 in any single quarter or over four consecutive quarters must register for, collect, and remit GST/HST. Small suppliers (under $30,000) may register voluntarily. Register FREE online through Business Registration Online (BRO) when your revenue exceeds $30,000 in any 4 consecutive quarters (small supplier threshold). Takes 15-30 minutes. You MUST register within 29 days of exceeding threshold and start charging GST/HST immediately on the sale that made you exceed it. Need your BN (or get one simultaneously). As of Nov 3, 2025, online registration is mandatory. Voluntary registration available anytime for input tax credits.
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Payroll Deductions Registration ConditionalRequired if you pay salaries, wages, or other remuneration to employees. Must register before first pay period. Required if you have employees. You must withhold Canada Pension Plan (CPP), Employment Insurance (EI), and income tax from employee wages and remit to CRA. Register FREE online through Business Registration Online (BRO) when you hire your first employee. Takes 15-20 minutes. You'll need your Business Number (BN) or can get one simultaneously. Payroll account (RP) added to your BN instantly. Register BEFORE your first pay date. Required to deduct CPP, EI, and income tax from employee wages. For 2025: CPP rate 5.95%, EI employee rate $1.66/$100 insurable earnings.
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WorkSafeBC Coverage and Registration ConditionalRequired if you have workers in BC. Workers compensation insurance coverage through WorkSafeBC for employers in British Columbia WorkSafeBC coverage required for most BC employers. Average base premium rate: 1.55% of assessable payroll ($1.55 per $100). Register online at worksafebc.com. Apply 30 days before starting business or hiring workers. Processing: ~10 business days. Premium rates vary by industry classification (514 classification units). COR certified employers eligible for 10% rebate. Contact: 604-276-3100 or 1-888-967-5377.
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