What is a Business Number (BN)?
Your BN is a simple method of identifying you and your business to the Government.
Every business has their own unique BN.
The BN is made up of 15 digits. The first 9 digits represent your business; this is your business account.
Once you have registered for a BN, you can register for additional accounts such as an import/export account.
Your additional account will make up the remaining 6 digits.
BN – The first 9 digits used to represent your business.
Program Identifier – Represents the type of account you want to associate with your BN, notice that the identifier for an Import/Export account is RM.
Reference Number – The number associated with your Import/Export Account.
RT – Goods and Services Tax/Harmonized Sales Tax
RP – Payroll
RC – Corporate Income Tax
RM – Import/Export
RZ – Information Return
It is necessary to export your good from Canada.
It is required to process your customs documents with the CBSA.
It is also required by the CRA for accounting and audits.
As a business owner, you can give other access to use the BN on your behalf. This can be done using an online portal called Business Registration Online.
The CRA will provide you an ID and password to access Business Registration Online and add a representative.
A custom broker acting as your representative uses your BN number when filling out customs documents.