Changes to your business and Canada Revenue Agency program accounts
All electronic authorization requests by representatives for individual and business clients will not be activated until the representative has been verified. Business owners may be contacted by the CRA to verify the representative's authorization request.
Protect your business account by monitoring your My Business Account for any suspicious activity which can include unsolicited changes to banking, mailing address, unauthorized appointment or changes of representatives or benefit applications made on your behalf. Visit Security of your CRA account for tips on securing your account.
What to do for common types of business changes: how to make updates online, inform the CRA of changes, and other related actions you should take.
Growing your business
|Buying a business|
|Opening more locations, branches or divisions|
|Bringing personal assets into your business|
|Adding CRA program accounts to your business number|
Changes to business operations
|Temporarily stopping business operations|
|Selling a business|
|Closing CRA program accounts|
|Bankruptcy / receivership|
|Retirement or death of business owner or partner|
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