Start Your Business Here

Whether you are an established company or just starting out with your first business we can help you find the information you need to be successful.

Advantage St. John’s is available to work with you on a complementary basis.

How we help – Staff can connect you to the right programs, resources and contacts – no matter what stage your business is at.

  • Research, economic data, and customized demographic profiles
  • Introductions to the right partners in the ecosystem
  • Connections to business and financing resources
  • Local business intelligence

Still have questions? Our team can offer:

  • General statistics on St. John’s for investors, businesses, residents, and policy makers
  • Macro-economic research about industries, demographic, and population
  • Presentations on the State of the Economy

Just contact us at the Business Information Centre today!

Development Team

Considering a development project but not yet ready to formally apply?  Check in with the City’s Development Team. The Development Team can meet with you informally and confidentially to provide information on the application process, zoning, fees, regulations, and other requirements for the proposed development. To arrange a meeting with the Development Team, e-mail  planning@stjohns.ca.

Find out why St. John’s is the ideal location for your investment and the advantages it will afford.

Permits and Regulations

At the Business Information Centre, we can assist you in navigating the regulatory process. Our team works directly with our colleagues across City Departments to allow for a more streamlined experience. Talk to us first, so you get the information you need to launch your venture.

An important first step is to review our ‘Guide to Municipal Regulations for Business’. This Guide provides an overview of the regulations, permits, processes, procedures, and taxes as they apply to businesses in the City of St. John’s.  As every business is unique, it’s always beneficial to review this but also contact us directly at business@stjohns.ca, telephone +1 709-576-8107.

Entrepreneur Support System

St. John’s offers a strong network of organizations from industry specific associations, a technology incubator, and government institutions committed to developing and supporting entrepreneurs and startups.  The St. John’s ecosystem is recognized for its technological excellence.

Key start-up organizations active in the St. John’s ecosystem include –

Mentorship and/or Training:
Funding:
Community Groups:
Maker Space:
Coworking Spaces:

Real Estate

From downtown Class A office towers to new energy efficient suburban office space St. John’s has a supply of office and industrial space for your business.

Average costs in 2020:

  • $34.39 (gross) per square foot office space
  • $11.35 (gross) per square foot for industrial real estate

The City’s MapCentre provides additional land use planning and zoning information.

Taxes – Municipal

For all tax information, rates, MIL rates and property assessment FAQs, please check the City’s website here.

Taxes – Provincial 

Source: Newfoundland and Labrador Department of Finance

Newfoundland and Labrador maintains a favourable business tax climate. A number of credits and incentives are designed to encourage economic growth in strategic areas. See  www.gov.nl.ca for further information.

Corporate Income Tax

General Rate: 15.00%

Small Business: 3.00%

Corporate Capital Tax

General Rate: The province of Newfoundland and Labrador does not impose a general capital tax.

Financial Services: 6.00%

Payroll Tax: Payroll tax, at a rate of 2%, is payable by employers whose annual remuneration in this province exceeds $1.3 million.