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Province guide · BC

Doing business inBritish Columbia

B.C. charges its own provincial sales tax and an employer health tax, with active pay-transparency and sick-leave rules.

Sales tax5% GST + 7% PST

PST registered and filed with the province

Workers’ compWorkSafeBC

Registration required for most employers

Payroll taxEmployer Health Tax

Exempt on the first $1M of B.C. payroll

RegisterBC Registries

Name approval, incorporation and annual reports

Photo: Vancouver by Quintin Soloviev, CC BY 4.0
About the province

British Columbia at a glance

CapitalVictoria
Largest cityVancouver
Key industries
TechnologyFilm and televisionForestryTourismPacific trade
Local business networkBC Chamber of Commerce
170,512Small employer businesses1–99 employees, December 2024
15.8%Share of Canada’s small businessesOf 1,079,188 nationally
36.3Businesses per 1,000 adultsNational average 32.7
1,769,500Private-sector jobs2024
7,649Goods exportersEstablishments, 2024

Source: Innovation, Science and Economic Development Canada, Key Small Business Statistics 2025 (Statistics Canada Business Register). Portraits: Wikimedia Commons (David Eby: BC NDP, CC BY 2.0; Rechie Valdez: Patrick Doyle, CC BY 4.0).

British Columbia: Canada’s Pacific Gateway for Growing Businesses

British Columbia links Canadian businesses to Asia-Pacific markets through its ports and airports, and has one of the highest concentrations of small businesses per adult in the country. Many firms are very small — owner-operated, with fewer than five employees.

Entrepreneurs across the province run technology studios, construction and trades firms, tourism operators, food producers and professional services that sustain local economies.

Industries and Regional Strengths

Metro Vancouver concentrates technology, film and television, digital media, international trade and professional services. Vancouver Island and the Gulf Islands combine public-sector services, tourism and marine industries. The Okanagan has grown as a centre for wine, agriculture, tourism and tech, while the North and the Interior rely on forestry, mining, energy and transportation.

Indigenous-owned businesses and economic development corporations are increasingly important partners in resource projects and regional growth.

Opportunities for Small Businesses

Opportunities include clean technology, life sciences, export-oriented food and consumer goods, and services for an ageing population. Trade diversification toward Asia is an active provincial priority.

High commercial rents and housing costs affect both operating budgets and hiring. Careful pricing, productivity investments and flexible work arrangements help small firms stay competitive.

Discover British Columbia’s Business Community

CanadianSME shares the stories, insights and experiences of British Columbia’s entrepreneurs and business leaders. Explore small business news, founder interviews, practical resources and industry perspectives that connect and inform the province’s business community.

Step-by-step guide

How to start a business in British Columbia

  1. 1

    Choose your business structure

    Decide between a sole proprietorship, partnership or corporation. Incorporating — provincially or federally through Corporations Canada — limits personal liability and can lower tax on retained profits, but adds filing work.

    Corporations Canada ↗
  2. 2

    Register your business

    Approve a name and register or incorporate through BC Registries. Proprietorships and partnerships register through the same online service.

    Provincial Sales Tax ↗
  3. 3

    Set up your tax accounts

    Get a CRA business number and GST account, then register separately with the province to collect 7% PST if you sell taxable goods or services.

    Register for a business number ↗
  4. 4

    Get licences and permits

    Use BizPaL to see the federal, provincial and municipal permits your type of business needs, then confirm zoning and any local business licence with your city or town.

    BizPaL permit finder ↗
  5. 5

    Prepare to hire

    Open a CRA payroll account, register with WorkSafeBC for workplace insurance, and review the province’s employment standards for pay, hours and leave.

    WorkSafeBC ↗
  6. 6

    Find advice and funding

    Talk to a local small business centre, check the funding finder for programmes that fit, and build a relationship with a bank or credit union early.

    Small Business BC ↗

What to watch in British Columbia

  1. 01Job postings must include the expected pay or pay range under the Pay Transparency Act.
  2. 02Employees are entitled to five paid sick days a year after 90 days of employment.
  3. 03Some out-of-province online sellers must register to collect PST.

Register and stay compliant

Provincial funding and support

Federal support in British Columbia

Business networks and data

Reviewed October 2026. Rates, thresholds and programmes change — confirm with the official source before you file or apply. CanadianSME is not affiliated with these agencies.

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