Launch Your Surrey Petroleum and Petroleum Products Merchant Wholesaler

This page is a practical, step-by-step guide to starting a Petroleum and Petroleum Products Merchant Wholesalers (NAICS 424720) business in Surrey. You’ll find a clear overview of the 9 requirements you must meet to operate, plus where to register, which permits and licenses are needed, and how costs add up. We also map out a realistic timeline so you can plan confidently from day one.

Key takeaways include a concise requirements overview, the necessary permits (City of Surrey business license, provincial environmental and fire-safety permits, storage-tank approvals, TDG, and WorkSafeBC compliance), and what to budget for (licensing fees, insurance, safety upgrades, and initial stock). The guide breaks down typical startup costs and provides a practical timeline from application to operation.

Surrey’s industrial zones and strong logistics network make it a smart base for a wholesale petroleum business. With easy access to major highways and the Vancouver port area, you can reach suppliers and customers efficiently while staying on top of safety and environmental rules.

Business Type
Petroleum and Petroleum Products Merchant Wholesalers (except Bulk Stations and Terminals)
Location
Surrey

Requirements Overview

The most critical requirement for operating a petroleum and petroleum products merchant wholesalers in Surrey is Product Safety and Recall Obligations. This is a legal mandate you cannot operate without, and it means having systems to ensure products meet safety standards and a clear plan to manage any recalls quickly if needed. This requirement is non-negotiable and forms the foundation for trustworthy, compliant business operations.

Beyond safety obligations, you’ll need to cover health, safety and permits to run smoothly. That includes Transportation of Dangerous Goods (TDG) compliance, which governs how you label, package and ship hazardous materials, plus proper documentation. You also need WorkSafeBC coverage and registration to protect workers and meet provincial labor safety laws. Together, these items create a safe workplace, reduce risk, and keep your operations aligned with regulatory expectations.

For business setup and taxes, you’ll handle registration and tax numbers. This means obtaining a Business Number (BN), securing a BC Business Licence, and registering your business name in BC if you’re a sole proprietor or in a partnership. If you import or export petroleum products, you’ll need an Import/Export Business Number. You’ll also address tax registrations, such as GST/HST, and payroll deductions registration if you have employees. These steps organize your legal identity, tax obligations, and employer responsibilities.

If you’re ready to move forward, start by confirming the product safety and recall processes you’ll implement, then tackle the essential registrations. Gather the necessary documents, and apply online through the appropriate provincial and federal portals (BN, business name, licences, TDG, WorkSafeBC, GST/HST, etc.). You’re on the right track—take it one practical step at a time, and you’ll be well positioned to launch confidently. If you’d like, I can map out a simple 90-day action plan tailored to your Surrey setup.

Detailed Requirements

Here are the specific requirements for starting a petroleum and petroleum products merchant wholesalers (except bulk stations and terminals) in Surrey:

  • Product Safety and Recall Obligations Required
    Wholesalers 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.
  • Business Number (BN) Registration Required
    A 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).
  • Business Licence Required
    General business licence required to operate a business in City of Surrey. Apply to City of Surrey 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 Surrey Business Licensing for specific requirements. Home-based businesses may have different requirements. Annual renewal required.
  • BC Business Name Registration (Sole Proprietorship/Partnership) Required
    Registration of sole proprietorship or partnership business names with BC Registries Register sole proprietorship or partnership at bcregistry.gov.bc.ca. Name reservation: $30 (standard) or $100 (priority 1-2 days). Registration fee: $40. Total: ~$70. Name reserved for 56 days after approval. Registration is continuous (no renewal required). No name protection for sole proprietorships. Personal names operating under own name do not require registration. Contact BC Registries: 1-877-526-1526.
  • Import/Export Business Number Conditional
    Required 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.
  • Transportation of Dangerous Goods (TDG) Compliance Conditional
    Required for dangerous goods transport. Wholesalers handling or shipping dangerous goods must comply with TDG regulations, including proper classification, packaging, labeling, documentation, and emergency response information. Training required before handling dangerous goods - no federal license. Employer must provide/approve training. Certificate valid 3 years. Two components: general education + site-specific training. Employer issues formal TDG Certificate of Training after both components. Online courses available ($50-$150). Contact Transport Canada: 1-855-824-2020.
  • GST/HST Registration Conditional
    Required 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.
  • Payroll Deductions Registration Conditional
    Required 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.
  • WorkSafeBC Coverage and Registration Conditional
    Required if you have workers in BC. Workers compensation insurance coverage through WorkSafeBC for employers in British Columbia WorkSafeBC coverage required for most BC employers. Average base premium rate: 1.55% of assessable payroll ($1.55 per $100). Register online at worksafebc.com. Apply 30 days before starting business or hiring workers. Processing: ~10 business days. Premium rates vary by industry classification (514 classification units). COR certified employers eligible for 10% rebate. Contact: 604-276-3100 or 1-888-967-5377.

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