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You are viewing a preserved web page, collected by Library and Archives Canada on 2007-11-24 at 03:10:09. The information on this web page may be out of date and external links, forms, search boxes and dynamic technology elements may not function. For all requests or for support, email archivesweb-webarchives@bac-lac.gc.ca. See all versions of this preserved page.
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Canada Revenue Agency
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What should you do if you change your legal status?

Whenever there is a change to the legal ownership or structure of your business it is important to advise us. You can send your appropriate documents to your tax centre or tax services office or contact us at 1-800-959-5525.

In most cases, you will have to close your existing Business Number (BN) and CRA accounts and register for new ones.

Your legal status can undergo any of the following changes:

  • Sole proprietorship to corporation;
  • Sole proprietorship to partnership;
  • Partnership to corporation;
  • Partnership to sole proprietorship;
  • Partnership to limited partnership;
  • Corporation to sole proprietorhip;
  • Corporation to partnership;
  • Two or more corporations amalgamate to create a new corporation.

For more information, see Business structure.