OMIF - Technical

• To be considered Ontario-based, the applicant company must have a principal place of business* in Ontario which serves as head office and base of operations. The applicant must meet the following:

  • applicant must be eligible to pay corporate income taxes in Ontario
  • Ontario address is listed as head office in T2 filing; and,
  • Ontario address must be a stable and non-temporary establishment where the applicant can demonstrate that the location is under the corporation’s control and the space can be objectively identified with the corporation. For example:
    • maintenance of an office for which the corporation pays rent or compensates employees
    • presence of office equipment
    • the place of business is listed as the corporation’s residential address in the telephone directory
    • substantial quantities of the corporation’s goods are kept on the property
    • residents or employees of the corporation working at the property devote all their working hours to the corporation’s interests
    • have key management personnel who are Canadian citizens or permanent residents of Canada living in Ontario
    • substantial usage of owned/rented machinery or equipment that is used to carry out the corporation’s business

  *If the applicant is a successful funding recipient, the applicant must continue to have a principal place of business in Ontario for the duration of the funding.