Congratulations! After incorporating in Alberta, your immediate next steps are: register for a CRA business number, open a dedicated business bank account, and start tracking your books from day one.
For GST — you must register once you hit $30,000 in revenue, but many businesses benefit from registering voluntarily right away, especially contractors and trades who can claim input tax credits on materials and equipment. Whether you should register immediately depends on your specific situation.
Not sure what applies to you?
Book a free consultation and we'll walk you through exactly what your new corporation needs.