MASTER BUSINESS LICENSE

 

WHAT IS A MASTER BUSINESS LICENSE? 

The Master Business License (MBL) is an official document outlining the registration of a business and the type of business (sole proprietor, partnership). 

 

WHY DO LENDERS REQUIRE A MASTER BUSINESS LICENSE?

If you are self-employed they need this document to determine the support that you have for a real business.   

 

WHERE CAN I FIND MY MASTER BUSINESS LICENSE?

Articles of Incorporation should be in your tax file but can also be received or completed through an accountant, tax company (ie H&R Block) or by the individual you work with on your taxes.  You can also complete it by mail or online here: 
https://www.ontario.ca/page/ontario-business-registry?gclid=Cj0KCQiAgribBhDkARIsAASA5btJkbfV7T260LGUJ75AsVdYC1yC5t6hYYqyOKgyYS9z5jndyEq-jQIaAtxaEALw_wcB&gclsrc=aw.ds

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Note:  these documents are NOT on the CRA website and CAN NOT be obtained by logging in to CRA.