Create Rc1

Rc1: What Is It?

This form is used by the Canada Revenue Agency. The RC 1 form is known as a Request for Business Number. Someone will use this form to apply for a business number. A sole proprietor can use one form to request a business number for multiple businesses. This business number is required for tax filing and tax reporting.

To fill out this form, you will need to have information about your business. This includes the business type and operation. You will also need to list information about the owning party. The information for this party must include their Social Insurance Number, full name, contact information, and employment details.

Financial information is required in order to fill out the last section. This can include information about various accounts related to the business. It will also ask questions about the payroll at the business and the corporate income tax that will be paid. Before the form is submitted, be sure to sign and date it.