Launch Laval Lessors of Nonfinancial Intangible Assets Today
This page offers a practical, action-focused roadmap for starting a Laval-based business as a lessor of nonfinancial intangible assets (NAICS 533110). You’ll get a clear overview of the 10 requirements you’ll need to meet, the registrations you’ll need, and the permits that may apply. We also cover startup costs and a realistic timeline from setup to launch—so you can move from planning to operating with confidence.
You’ll learn exactly what to complete: core registrations with Registraire des entreprises and tax accounts, potential municipal permits, insurance, client contracts, and practical budgeting for startup costs. We break the timeline into concrete milestones—when to apply for permits, typical processing times, and what happens at launch. You’ll also see how NAICS 533110 maps to your services and how to position your business for clients.
Laval’s growing business scene and close proximity to Montreal give you easy access to clients, talent, and essential services from day one, plus supportive municipal programs for small businesses and straightforward licensing processes that keep you moving.
Requirements Overview
The most critical requirement for operating a business in Laval is Intellectual Property Licensing Compliance. This is a legal must—you may not lease or use nonfinancial intangible assets without the proper licenses or rights in place, and you cannot legally operate until you’ve secured them. It’s non-negotiable: without solid IP licensing, you simply cannot start or continue the business.
Beyond IP licensing, you’ll need the essential operational permits and safety steps. Secure a valid Business Licence to operate in Laval, and if you have employees, establish CNESST coverage and Payroll Deductions so you can meet workers’ compensation and wage reporting requirements. Depending on how you structure the business, you may also need to register as a partnership or as a corporation, which determines the filing and reporting paths you’ll follow.
For the administrative and tax side, your business must be registered and properly identified with key numbers. This includes obtaining a Business Number (BN) and a Quebec Enterprise Number (NEQ), plus completing the Quebec Business Registration (REQ) with Registraire des entreprises. You’ll likely need GST/HST registration as well, and if you hire people, Payroll Deductions registration. If you choose a partnership or corporation, there will be additional, structure-specific registrations to handle.
You’ve got this—start with confirming your IP licenses, then move through the registrations and tax steps in a logical order. Gather the needed documents, set up a realistic timeline, and check in with Laval’s business resources or a local advisor to stay on track. With these steps, you’ll be compliant and well on your way to a smooth, lawful start.
Detailed Requirements
Here are the specific requirements for starting a lessors of nonfinancial intangible assets (except copyrighted works) in Laval:
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Intellectual Property Licensing Compliance RequiredIP lessors must comply with licensing agreements, trademark and patent registration, royalty reporting, and competition law requirements. Intellectual property licensing compliance. Patent licensing. Technology transfer. Competition Act considerations. CIPO registration. Contact CIPO: 1-866-997-1936.
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Business Licence RequiredGeneral business licence required to operate a business in Ville de Laval. Apply to Ville de Laval 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 Ville de Laval 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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Quebec Enterprise Number (NEQ) Registration RequiredRegistration of business with the Quebec Enterprise Registrar. Register with Registraire des entreprises du Québec: 1. Access quebec.ca/entreprises services 2. Complete declaration of registration online 3. Pay registration fee ($38 sole proprietorship, $367 corporation) 4. Receive NEQ (Numéro d'entreprise du Québec) Annual registration fee: $35 (exempt first 2 years). Annual update declaration required. 30-day deadline for changes.
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Quebec Business Registration (REQ - Registraire des entreprises) RequiredAll businesses operating in Quebec must register with the Registraire des entreprises du Québec (Quebec Enterprise Registrar). This includes sole proprietorships, partnerships, and corporations. Registration provides a Quebec Enterprise Number (NEQ) which is required for all business activities including banking, licensing, and tax purposes. Unlike other provinces, registration is mandatory for ALL businesses in Quebec, not just those with a business name different from the owner. Registration can be completed online. Annual declarations must be filed to keep the registration current. Register with Registraire des entreprises within 60 days of starting business. Required for sole proprietors operating under trade name, partnerships, and corporations. $39 for sole proprietorship, $60 for partnership. Receive NEQ (Quebec Enterprise Number).
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Partnership Registration ConditionalRequired if operating as partnership. Registration of general or limited partnerships in Quebec. Register partnership with Registraire des entreprises: 1. Complete declaration of registration 2. Provide partner information 3. Submit registration 4. Pay registration fee General and limited partnerships. NEQ assigned upon registration. Annual update declaration required.
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Quebec Corporation Registration ConditionalRequired if incorporating in Quebec. Incorporation of a company under Quebec law. Incorporate through Registraire des entreprises: 1. Conduct name search (NUANS) 2. Prepare articles of incorporation 3. Submit through quebec.ca or registry office 4. Pay incorporation fee ($367) Annual reporting required. Must file annual update declaration. Federal incorporation alternative available ($200).
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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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Quebec CNESST Employer Registration (Workers Compensation) ConditionalRequired if you have employees in Quebec. Employers in Quebec must register with the CNESST (Commission des normes, de l'équité, de la santé et de la sécurité du travail) and maintain coverage for workers. CNESST provides insurance coverage for workplace injuries and occupational diseases under Quebec's workers' compensation system. Most employers are required to register within 60 days of hiring their first worker. Employers pay contributions (premiums) based on their business activity classification and assessable payroll. Register with CNESST within 60 days of hiring first employee. CNESST provides workplace health and safety coverage. Premium rates based on industry classification. Annual declaration of wages required by March 14.
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