Launch Your Regina Office of Other Holding Companies Today
This page offers a practical, step-by-step overview for starting an Office of Other Holding Companies (NAICS 551112) in Regina. You’ll find a clear requirements list, guidance on permits and registrations, and a realistic sense of costs and timelines. We break down essential steps from choosing a legal structure to filing with provincial and municipal offices, so you move from idea to setup with confidence, without guesswork or delays.
Learn the eight requirements you must meet, plus how to handle registrations, tax accounts, and any city or provincial permits you may need. We’ll break down typical costs, highlight where timelines can stretch, and outline a practical schedule from filing to first day of operations. The eight requirements cover corporate registration, governance, and ongoing compliance.
Regina’s supportive business climate, access to professional services, and straightforward regulatory environment make it a smart place to establish a NAICS 551112 office. The city’s growing corporate ecosystem and nearby talent pool help you manage operations smoothly. With eight clearly defined steps, a transparent permits path, and a realistic cost range, you can move ahead with confidence while building a solid regional footprint.
Requirements Overview
The most critical requirement for operating a business in Regina is a Business Licence. This licence is the city’s permission to legally operate, and you cannot run your offices of holding companies without it. It is non-negotiable: without a valid business licence, you’re not compliant and cannot legally conduct business in Regina.
Mandatory Operational Requirements: In addition to the licence, plan for essential health, safety, and structural considerations. Saskatchewan WCB Employer Registration is important to cover your workers in case of injury and to meet safety obligations. You’ll also need to decide your business structure—either Partnership Registration if you’re partner-owned or Saskatchewan Corporation Registration if you operate as a corporation—and ensure you have the correct setup before hiring staff or entering long-term contracts. These structure-related steps help you stay compliant as you grow and manage day-to-day operations.
Business Registration & Tax: To formally establish your presence and handle ongoing taxes, you’ll want to complete Saskatchewan Business Name Registration with ISC and obtain a Business Number (BN) from the CRA. If your entity is a partnership or a corporation, complete the appropriate Partnership Registration or Saskatchewan Corporation Registration. Plan for GST/HST registration if your taxable supplies exceed the threshold, and set up Payroll D deductions registrations to manage employee withholdings and remittances.
Encouragement: Getting these pieces in place may seem like a lot, but you can tackle them step by step. Start with the City of Regina licence, then secure your business name and BN, followed by the appropriate structure registrations and tax registrations. If you’d like, I can map out a simple, timed checklist tailored to your specific holding-company setup in Regina. You’re taking solid, practical steps toward a compliant launch.
Detailed Requirements
Here are the specific requirements for starting a offices of other holding companies 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.
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