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How to Register for My Business Account

by Roberto Belingueres | Dec 14, 2021 | Articles & Publications, Taxes

← Essential tax numbers for 2022 Legislation to create jobs and implement targeted COVID-19 →
How to Register for My Business Account

How to Register for My Business Account

If you are a business owner and haven’t registered your business account with CRA, we encourage you to watch the video or follow the steps below.

How to Register for My Business Account

Watch the YouTube video

  1. To get started, go to canada.ca/my-cra-business-account and select “CRA register.”
  2. To validate your identity, enter your social insurance number.
  3. Next, enter your postal code or zip code, date of birth, and an amount you entered on one of your income tax and benefit returns from the current tax year or the previous one.
  4. Then select a delivery method for a CRA security code, which is required to gain full access to My Business Account.
  5. Depending on the delivery method you have chosen, you will be asked to confirm your current postal code or zip code or enter your email address.
  6. The next step will be to create a CRA user ID and password.
  7. Then, select and answer five security questions.
  8. Review and agree to the terms and conditions of use by entering your password and selecting “I agree.”
  9. If you have chosen to have a CRA security code issued via email, you will now be asked to contact the CRA.
  10. Registration is now complete until you receive your code. Once you do, log in and enter it.
  11. Review and agree to the My Business Account terms and conditions of use.
  12. Then provide your Business number.​

Don’t hesitate to contact RGB Accounting by phone at (416) 932-1915 or by email at [email protected] if you have any questions. We’ll be pleased to assist you.

Source: CRA

← Essential tax numbers for 2022 Legislation to create jobs and implement targeted COVID-19 →

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Articles & Publications

2021 Canadian Federal Budget – Tax Initiatives

by Roberto Belingueres | Apr 21, 2021

On April 19, 2021, Deputy Prime Minister and Finance Minister Chrystia Freeland tabled in the House of Commons the Liberal Government’s first federal budget in more than two years, A Recovery Plan for Jobs, Growth, and Resilience (Budget 2021). Budget 2021 contains...

What Do I Need to Open a Business Bank Account?

by Roberto Belingueres | Apr 4, 2021

What Do I Need to Open a Business Bank Account? Business bank accounts help your business appear more professional to the CRA and your customers. Here's a closer look at why you may want a business bank account and how to choose the best one. Each stage of building a...

The importance of Financial Reporting

by Roberto Belingueres | Mar 21, 2021

The Importance of Financial Reporting Beyond the record creation process, accountants use the information gathered for analysis and interpretation. Accountants are usually concerned with understanding the meaning of the amounts they obtain, and they look for the...

CRA Emergency Payments: 2 Massive Changes Coming

by Roberto Belingueres | Mar 17, 2021

The Canada Revenue Agency (CRA) launched the Canada Emergency Response Benefit (CERB) as the flagship COVID-19 program by the Canadian government in 2020. CERB became a lifeline for Canadians who lost income due to the pandemic. The program ended on September 27,...

10 red flags that could lead to a CRA audit

by Roberto Belingueres | Mar 16, 2021

10 red flags that could lead to a CRA audit Audits can stem from things you do — or don't do — when filing your tax return. Typically, the tax agency will send out about 30,000 letters a year letting Canadians know they’re being audited. While that’s just a fraction...

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