Start Your Moncton Home Furnishings Merchant Wholesalers Business
This page is your practical guide to launching a Home Furnishings Merchant Wholesalers business in Moncton, aligned with NAICS code 423220. It breaks down what you need to get started, including a clear 10-step requirements list, essential permits, and a realistic budget. Expect a straightforward path from business registration to first wholesale sale, with fast, actionable steps you can follow today.
You’ll learn exactly what the 10 requirements cover, plus which permits and licenses you’ll need, how to handle taxes and insurance, and the costs you should plan for—inventory, permits, registration, and basic setup. We’ll map a practical timeline from opening day to your first bulk order, so you can track progress and stay on schedule.
Moncton’s growing wholesale scene, affordable space options, and strong logistics infrastructure give your home furnishings venture a solid start. You’ll be close to supplier networks and regional buyers, with practical support from local business resources. It’s a smart fit for a 423220 wholesale operation looking to scale in Atlantic Canada.
Requirements Overview
The most critical requirement for operating a home furnishing merchant wholesaler in Moncton is obtaining a Business Licence. This licence is a legal must to operate in the city, and you cannot legally run your business without it. It confirms you’re authorized to do business locally and sets the foundation for everything else you’ll need to do. Once you have the licence, you can tackle the other essential registrations and operational steps in a practical, phased way.
For day-to-day operations and safety, focus on mandatory compliance that protects people and your business. You’ll need to meet Product Safety and Recall Obligations, which govern how your products are designed, tested, and recalled if necessary. In addition, if you have employees, you must arrange New Brunswick WorkSafeNB Employer Coverage to ensure workers are protected and that you meet provincial workplace rules. Treat these items as non-negotiable parts of running a physical or online wholesale operation.
On the business registration and tax side, you’ll need the official numbers and registrations that let you bill correctly and stay compliant. Register for a Business Number (BN) with the Canada Revenue Agency, and consider a New Brunswick Business Name Registration (SNB) if you’ll trade under a name other than your own. Depending on your structure, you may also handle Partnership Registration or NB Corporation Registration, GST/HST Registration, Payroll Deductions Registration, and an Import/Export Business Number if you’ll be moving goods across borders. These steps keep your finances, payroll, and imports/exports organized and compliant.
Next steps: map out a simple, realistic timeline to tackle each item—licence, BN, SNB, potential corporation or partnership registrations, and any tax or safety registrations. Start with the licence, then build your compliance checklist one by one. If you’d like, I can tailor a practical, country- and province-specific plan for your exact business model and
Detailed Requirements
Here are the specific requirements for starting a home furnishing merchant wholesalers in Moncton:
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Product Safety and Recall Obligations RequiredWholesalers must ensure products meet Canadian safety standards and report serious incidents. Must participate in product recalls and maintain records for traceability. No registration - compliance law. Manufacturers/importers/sellers must ensure products are safe. MANDATORY REPORTING to Health Canada if: death/serious injury occurred or could occur, defects found, inadequate labeling, or recall in other jurisdiction. Keep records 6 years. Penalties: fines, seizure, criminal charges. Report incidents online or call 1-866-662-0666.
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Business Licence RequiredGeneral business licence required to operate a business in City of Moncton. Apply to City of Moncton 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 Moncton Business Licensing for specific requirements. Home-based businesses may have different requirements. Annual renewal required.
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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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New Brunswick Business Name Registration (SNB) RequiredBusinesses in New Brunswick must register their business name with Service New Brunswick if operating under a name other than the owner's legal name. This applies to sole proprietorships, partnerships, and trade names. Registration provides legal recognition and is required for business operations and licensing. Registration can be completed online through SNB Online. Business name registrations for sole proprietorships and partnerships must be renewed every 5 years. To register a business name in New Brunswick: 1. Conduct name search ($13.80) 2. Complete registration through SNB Online 3. Pay $112 registration fee (includes Royal Gazette) 4. Receive certificate of business name 5. Renew every 5 years ($62) 6. Report any changes as required
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Partnership Registration ConditionalRequired for partnerships. Registration of partnerships. Register through Province of New Brunswick Corporate Registry or business services: 1. Conduct name search if applicable 2. Complete registration application 3. Submit required documents 4. Pay registration fees Contact Province of New Brunswick government services for specific requirements and fees. Annual reporting may be required.
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Import/Export Business Number ConditionalRequired for specific regulated activities. Wholesalers engaged in importing or exporting goods must register for an import/export account with Canada Border Services Agency (CBSA) in addition to their CRA Business Number. As of Oct 21, 2024, register RM account through CBSA's CARM Client Portal (not CRA). Need BN9 first - get via CARM or CRA's BRO. FREE registration. Required for importing/exporting commercial goods. Ensure all business names match exactly to avoid border delays. CBSA manages RM accounts; CRA issues BN9. Contact CBSA Border Information Service: 1-800-461-9999.
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NB Corporation Registration ConditionalRequired if incorporating in New Brunswick. Incorporation under NB law. Register through Province of New Brunswick Corporate Registry or business services: 1. Conduct name search if applicable 2. Complete registration application 3. Submit required documents 4. Pay registration fees Contact Province of New Brunswick government services for specific requirements and fees. Annual reporting may be required.
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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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New Brunswick WorkSafeNB Employer Coverage ConditionalRequired if you have employees in New Brunswick. Employers in New Brunswick must register with WorkSafeNB (Workplace Health, Safety and Compensation Commission) and maintain coverage for workers. WorkSafeNB provides insurance coverage for workplace injuries and occupational diseases. Most employers are required to register, with limited exceptions. Registration must occur within 10 days of commencing business operations or hiring the first worker. Employers pay assessments based on their classification unit rate and assessable payroll. To register with WorkSafeNB: 1. Determine if you're in a mandatory industry with 3+ workers 2. Register with WorkSafeNB online or by phone 3. Report assessable payroll annually 4. Pay premiums based on industry rate ($1.18/100 avg 2024) 5. Maintain coverage and report workplace injuries 6. Experience rating affects rate (+80% to -40%)
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