Start Your Regina Locksmiths Business: 8 Essential Requirements
This page gives a practical, step-by-step roadmap to launching a Regina locksmiths business under NAICS 561622. You’ll get an eight-item requirements overview, plus a straightforward look at permits, licensing, insurance, and equipment. We break down costs and a realistic timeline so you can move from idea to opening with confidence.
What you’ll learn: the eight requirements overview, the permits and municipal licenses you’ll likely need in Regina, and essential starter costs like tools, a service vehicle, insurance, bonding, and basic marketing. We’ll also map out a clear timeline from registration to your first service call so you know what to expect at each stage.
Why Regina: this city combines solid demand for residential, commercial, and automotive locksmith services with a friendly small-business climate and accessible permitting. It’s a practical, supportive market for launching a locksmiths business and building steady growth right away.
Requirements Overview
The most critical requirement for operating a locksmith business in Regina is the Business Licence. This licence is legally required to run a business within the city, and you cannot legally operate a locksmith service without it. It ensures you’re authorized to do business in Regina and helps protect customers. Start by checking the City of Regina licensing process and apply promptly to avoid delays.
Beyond licensing, there are essential operational requirements to keep things safe and compliant. If you employ people, you’ll need to register with the Saskatchewan WCB (Workers’ Compensation Board) as an employer, so injuries on the job are covered. You’ll also manage payroll deductions and withhold taxes for your staff, which means setting up the relevant payroll processes. In addition, keep your day-to-day activities running smoothly with proper safety practices on the job and awareness of any trade-specific rules that apply to locksmith work.
For business registration and numbers, you’ll need to register your business name and obtain a Business Number (BN). Saskatchewan Business Name Registration (ISC) lets you operate under your chosen name, and the BN from the Canada Revenue Agency handles taxes and government programs. Depending on your setup, you may also need GST/HST Registration if you meet the revenue threshold or choose to register early. If you operate as a corporation or partnership, you’ll also handle Saskatchewan Corporation Registration or Partnership Registration accordingly, along with any payroll deductions required for employees.
Next steps: decide your business structure (sole proprietor, partnership, or corporation), then tackle licenses and registrations in sequence. Start with the municipal Business Licence, then register your business name and BN, and set up any payroll, GST/HST, or WCB registrations you need. If you’d like, I can map out a simple checklist tailored to your exact plan and connect you with local resources to keep you on tra
Detailed Requirements
Here are the specific requirements for starting a locksmiths 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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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.
Funding & Grants
Available funding programs that may apply to your locksmiths:
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Three-stream grant program for Nunavut-based artists, businesses, and organizations: (1) Getting Started/Arts Creation/Training — supports education, training, art supplies, equipment; (2) Arts and Culture Development — supports collaborative arts initiatives, exhibitions, shows, and touring; (3) Infrastructure Development — supports studios and cultural tourism infrastructure. Annual call for proposals.
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Provided contributions to settlement, employment, and community organizations delivering programs addressing employment barriers for racialized newcomer women, including work placements, mentorships, job counselling, and support for gender- and race-based discrimination. Program renewal ended in 2025; no new open call as of early 2026. Over 2,200 racialized newcomer women were served …
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