Start Jewelry, Watch, Stones & Metals Wholesale in Fredericton, New Brunswick
This page guides you through the 10 essential requirements to launch a Jewelry, Watch, Precious Stone, and Precious Metal Merchant Wholesale business in Fredericton, New Brunswick. It delivers a practical, actionable blueprint—from registrations and permits to startup costs and a clear timeline. You’ll find a concise requirements overview that highlights what you need to apply for, plus estimates to plan your budget and a realistic roadmap from concept to first orders.
You’ll learn exactly which registrations you need (a federal Business Number with CRA for GST/HST, plus provincial and municipal requirements), the permits Fredericton may require, and how wholesale-specific issues like supplier contracts, insurance, and compliance for stones and metals work. We’ll break down typical costs (setup fees, licensing, insurance, security, and initial inventory) and provide a practical 6–12 week timeline to move from registration to first orders. You’ll also pick up tips to speed up approvals and locate reliable suppliers.
Fredericton, New Brunswick offers a friendly business climate, affordable space, and strong local networks that help you grow. The city’s support programs can speed licensing, and proximity to Atlantic markets keeps transportation efficient. If you’re building a jewelry, watch, and precious metals wholesale business, Fredericton is a solid, scalable starting point.
Requirements Overview
The most critical requirement for operating a jewelry, watch, precious stone, and precious metal merchant wholesale business in Fredericton is Product Safety and Recall Obligations. This is a legal requirement you cannot opt out of, and you cannot legally operate without meeting it. You’ll need to understand and document safety standards for your products, keep clear labeling and care instructions where needed, and be prepared to act quickly if a safety issue or recall affects items you’ve sold.
The second set of requirements covers essential health, safety, and permits. You must have employer coverage with New Brunswick’s WorkSafeNB, which means obtaining and maintaining the proper coverage for your workers. You’ll also need to secure the appropriate local permits to operate, including a valid business licence, and register your business name if you’re using a name other than your own. If you’re structuring your business as a partnership or corporation, make sure you complete the corresponding registration steps so you’re compliant from day one.
On the tax and formal registration side, you’ll want to line up your BN and provincial registrations. Start with a Business Number (BN) from the federal government to manage GST/HST, payroll deductions, and any import/export accounts. In New Brunswick, register your business name (SNB) if you’re trading under a name, and pursue the applicable structure registrations—NB corporation registration if you incorporate or partnership registration if you operate as a partnership. If you’ll be collecting GST/HST, register for that as well; and set up payroll deductions if you have employees. If you plan to import or export, obtain the Import/Export Business Number.
Getting started is practical and doable. Begin with the product safety obligations and WorkSafeNB coverage, then secure the local permits (business licence and SNB) and the appropriate business structure. Next, set up your BN, GST/HST, payroll, and any import/export re
Detailed Requirements
Here are the specific requirements for starting a jewelry, watch, precious stone, and precious metal merchant wholesalers in Fredericton:
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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 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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Business Licence RequiredGeneral business licence required to operate a business in City of Fredericton. Apply to City of Fredericton 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 Fredericton Business Licensing for specific requirements. Home-based businesses may have different requirements. Annual renewal required.
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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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