Launch Your All Other Insurance Activities in Regina Today
This page guides you through launching an All Other Insurance Related Activities business in Regina. You’ll get a clear, step-by-step overview focused on NAICS 524298, with practical details you can act on. Expect a concise requirements checklist (9 steps), essential permits, estimated costs, and a realistic timeline from registration to launch. It’s designed to help you plan confidently and avoid surprises.
What you’ll learn: how to register your business in Saskatchewan, choose a structure (sole proprietorship or corporation), and obtain your Business Number from the CRA. We cover GST/HST registration if needed, any insurance-related licenses or certifications, and the basics of privacy and data protection. You’ll also see typical costs for permits, professional fees, and the municipal license, plus a realistic timeline to move from idea to launch.
Why Regina works: as the provincial capital, Regina offers a friendly regulatory climate, local resources, and a growing demand for insurance services. Being based here puts you in the center of Saskatchewan with easy access to clients, partners, and support networks that can help you meet those 9 requirements more smoothly.
Requirements Overview
The most critical requirement for operating a business in Regina is the Business Licence. This city-issued licence is legally required before you can open or operate any commercial activity in Regina, including insurance-related services. You cannot legally operate without it, and securing it early is non-negotiable. Think of the licence as the gateway that makes all other registrations and compliance steps possible, so prioritize getting it in place before you start serving clients.
Beyond the licence, there are mandatory operational steps that support safe, lawful business activity. If you hire employees, Saskatchewan WCB Employer Registration is essential to provide workers’ compensation coverage and meet workplace safety obligations. If you’re forming a partnership, you’ll need Partnership Registration. If your services involve handling money or financial activity, FINTRAC Registration (anti-money laundering) may apply. You’ll also connect payroll with a Payroll Deductions Registration when you have staff, and Saskatchewan Corporation Registration comes into play if you choose to operate as a corporation. Grouped together, these items ensure your day-to-day operations are compliant and properly structured.
For business identity and tax basics, you’ll want Saskatchewan Business Name Registration (ISC) and a Business Number (BN) from the CRA. Plan for GST/HST Registration if your sales exceed the threshold, and pair that with Payroll Deductions Registration if you have employees. If you’re incorporating, Saskatchewan Corporation Registration will also be relevant. Getting these registrations aligned keeps your business legally visible, simplifies tax handling, and helps you avoid avoidable delays.
You’ve got a solid, practical path ahead. Start with the City of Regina licence, then tackle the name and entity registrations, and set up your tax accounts. If you’re unsure, consider a quick consult with a local accountant or business advisor to tailor steps to your
Detailed Requirements
Here are the specific requirements for starting a all other insurance related activities in Regina:
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Business Licence RequiredGeneral business licence required to operate a business in City of Regina. Apply to City of Regina for Business Licence: 1. Determine business category 2. Complete business licence application 3. Submit required documents (ID, lease, zoning confirmation) 4. Pay application and annual fees 5. Await approval and receive licence Contact City of Regina Business Licensing for specific requirements. Home-based businesses may have different requirements. Annual renewal required.
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Saskatchewan Business Name Registration (ISC) RequiredBusinesses in Saskatchewan operating under a name other than the owner's legal name must register with Corporate Registry. This applies to sole proprietorships, partnerships, and business names for corporations. Registration provides legal recognition and is required for business operations, banking, and licensing. Registration can be completed online through Corporate Registry. Business name registrations must be renewed every 5 years for sole proprietorships and partnerships. Register with ISC (Information Services Corporation) for business name. Required for sole proprietorships with trade name, partnerships. $65 registration fee, $60 renewal. Name reservation valid 90 days. Online registration also registers with Ministry of Finance and CRA.
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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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FINTRAC Registration (Anti-Money Laundering) RequiredFinancial services must register with FINTRAC and implement anti-money laundering and terrorist financing compliance programs. Financial Transactions and Reports Analysis Centre of Canada (FINTRAC). Mandatory for: MSBs, casinos, real estate, securities, accountants, BC notaries. Register online. Compliance program required. Suspicious transaction reporting. Large cash reporting ($10K+). Keep records 5 years. Contact FINTRAC: 1-866-346-8722.
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Partnership Registration ConditionalRequired for partnerships. Registration of partnerships in Saskatchewan. Register partnership with ISC: 1. Complete partnership registration form 2. Submit through ISC 3. Pay registration fees General and limited partnerships. Annual return may be required.
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Saskatchewan WCB Employer Registration ConditionalRequired if you have employees in Saskatchewan. Employers in Saskatchewan must register with the Workers' Compensation Board (WCB) and maintain coverage for workers. WCB provides insurance for workplace injuries and occupational diseases. Most employers are required to register, with some exceptions for specific industries and self-employed individuals. Registration should occur before hiring the first worker or commencing operations. Employers pay premiums based on their industry classification rate and assessable payroll. Register with Saskatchewan WCB for workers compensation coverage. Required for employers in mandatory industries. 2024 average premium rate $1.28 per $100 payroll. Maximum assessable earnings $104,531. Directors on T4 excluded from 2025.
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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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Saskatchewan Corporation Registration ConditionalRequired if incorporating in Saskatchewan. Incorporation of a company under Saskatchewan law. Incorporate through ISC Corporate Registry: 1. Conduct NUANS name search 2. Prepare articles of incorporation 3. Submit through ISC online or registry 4. Pay incorporation fees Annual return required. Federal incorporation is alternative option.
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