Business license

Can you, and should you, register an unlicensed home daycare as a business in Ontario? How do unlicensed home daycare providers pay taxes? TIA

No you don't need a business license to operate in Ontario. You can register the daycare name and get a BIN number if you like, but not necessary. As for taxes you calm as self employed child care provider.

You can get the BIN, which registers your business name and gives you a unique business identification number. The only reasons to do this, would be to ensure that your business name is yours and can't be copied; as well as you can use your BIN number instead of a SIN when giving tax receipts to clients. The govt. can fully track you through the BIN. It cost about $60, and is good for 5 years.

No, it's not necessary

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