It’s very easy to register yourself with WSIB. You just need the following information and the rest, Strategy Legal will handle for you.
- Legal name of company and trade name(s)
- Canada Revenue Agency (CRA) Business Number
- Mailing, email and website addresses
- Phone and fax numbers
- Address, phone and fax number of each operating location
- Account number of any prior registered accounts with WSIB
- Name, location and phone number for a contact person who deals with payroll records (if different from your primary location)
- Name of the bank
- Description of your business activity (i.e., what is the nature of your business)
- Description of the product you produce the goods you sell or the services you provide (we will use this information to determine your rate group and your premium rate)
- An indication of your predominant business activity, if you have more than one
- Payroll Information for any other business activities you maintain
- Names and addresses of any associated employers/contractors, plus their WSIB account numbers, if possible
Details of the owner and/or executives
- Names, addresses, birthdates and official titles of directors or owners of the company, and proof of insurance if you wish to opt for optional insurance.
- Date the first employee was hired
- Number of employees
Businesses need to estimate the payroll information for the insurable earnings they will pay their employees for the current year. This information is reported on the employees’ pay stubs or T4 slips as gross earnings, including deductions for income tax, CPP and employment insurance. Insurable earnings can also include earnings not reported on a T4 such as room and board, bonuses and commission s.
Insurable earnings are subject to a maximum amount for each employee. Refer to this to calculate the premium and insurable earnings.
As a business, you are responsible for insuring the following:
- Anyone you employ in your business under a contract of service, including family
- Full-time, part-time, seasonal or temporary employees, domestic employees, students, apprentices, learners and training participants
- Yourself – if you are an independent operator, sole proprietor, partner or executive officer in the construction industry. See mandatory coverage in the construction industry for exceptions.
- For details and exceptions on who must be insured, please see information on independent operator status our policy on Workers and Independent Operators.