Closing your business or changing ownership

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Learn what you need to do with the WCB if you close your business, restructure or make changes to ownership.

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Closing your business

If your business has closed, you should let the WCB know right away. You can fill out an Account Closure/Sale form or send a letter with the details of the closure. You can also submit an Account Closure/Sale form online. We will then use the information provided to close your account.

Any outstanding balances on your account are due 30 days from when the account is closed and a Statement of Account is sent. If you are due a refund, a cheque will be mailed to you. A review may be needed before we issue a refund.

If your business is not operating, you don’t need an account. Your account can be reopened if you begin work again.

Changing ownership

If you have sold or amalgamated your business, you should let the WCB know right away. You can fill out an Account Closure/Sale form or send a letter with details. You can also submit an Account Closure/Sale form online.

Working in another province

Each province has its own legislation. You need to contact the WCB office in the province you will be working in to see if you need to register. The Saskatchewan WCB will only cover your insurance (wage and medical costs) when working outside of our province and cannot protect an employer from legal responsibility.

Frequently asked questions

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A: No. If your business is not operating, you don’t need an account. Your account can be reopened if you begin hiring again.

A: Each province has its own legislation. You need to contact the WCB in the province you will be working in to see if you need to register. We will cover only your insurance (wage and medical costs) but cannot protect an employer from legal responsibility.

A: You should let our office know right away. You can fill out an Account Closure/Sale form or send a letter with the details of the closure. You can also submit an Account Closure/Sale form online. We will then close your account. Any outstanding balance on your account is due 30 days from when a Statement of Account is sent. If you are due a refund, we will send a cheque. A review may be needed before we issue a refund.

A: You need to obtain a section 156 clearance certificate to release you from any legal responsibility regarding the account of the previous owner. If you don’t do this and the previous owner owes us money, you will become responsible for the outstanding balance.

A: You should let our office know right away. You can fill out an Account Closure/Sale form or send a letter with details. You can also submit an Account Closure/Sale form online.

Contact

For specific inquiries

If you are:

  • ready to register your business
  • requesting a clearance or a letter of good standing
  • revising or updating your payroll
  • discussing your statement of account and/or making a payment

Employer services department

Contact us

For general inquiries, contact us.

    Employer Resource Centre

    Claim information

    For questions on your worker’s injury claim, contact us.

    Operations division