Launch Your Offices of Other Holding Companies in Fredericton
This page helps you plan and start a Offices of Other Holding Companies (NAICS 551112) in Fredericton. It offers a practical, step-by-step overview of the eight core requirements you’ll need to meet to launch legally and smoothly, plus guidance on permits, costs, and a realistic timeline. Whether you’re building from scratch or reorganizing an existing entity, you’ll find clear, actionable steps you can follow right away.
What you’ll learn includes the eight core steps: choose and register your name or incorporate; set up the proper corporate structure; appoint directors and officers; establish a registered office and minute book; register for taxes (GST/HST and provincial); determine any required permits or licenses; set up banking and accounting; and maintain ongoing compliance with annual filings and governance. We also outline typical costs you can expect in Fredericton and map a rough timeline—from weeks to a few months—so you can plan with confidence.
Why Fredericton? This city blends affordable setup costs with strong local business support, a growing professional-services scene, and easy access to Atlantic markets. It’s a practical, welcoming base to establish a holding company office.
Requirements Overview
The most critical requirement for operating a business in Fredericton is Business Number (BN) Registration. This government identifier is required by the Canada Revenue Agency to handle taxes, payroll, and other program accounts, and you cannot legally begin or run your office without it. The BN is non-negotiable and serves as the foundation for all other registrations and filings you’ll need as you grow.
Beyond the BN, you’ll deal with health, safety, and permits. Employers must have New Brunswick WorkSafeNB Employer Coverage to protect workers, and Fredericton businesses typically require a Municipal Business Licence to operate legally in the city. These operational requirements ensure safe workplaces and compliant local operations.
On registrations and taxes, you’ll handle a few key items. If you operate under a name other than your legal name, you’ll need the New Brunswick Business Name Registration (SNB). Your structure matters too: Partnership Registration if you’re forming a partnership, or NB Corporation Registration if you plan to incorporate in New Brunswick. For ongoing taxes, GST/HST Registration applies if you meet the revenue threshold or choose to collect tax, and Payroll Deductions Registration is needed if you have employees (the BN ties these accounts together).
Next steps: confirm your business structure, apply for the BN, check if you need SNB, and secure the Fredericton Business Licence. Then determine GST/HST and payroll obligations and set up WorkSafeNB coverage. If you’d like, I can map out a simple checklist tailored to your exact structure and help you coordinate these steps with CRA, Service NB, and the City of Fredericton.
Detailed Requirements
Here are the specific requirements for starting a offices of other holding companies in Fredericton:
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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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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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