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  • Form 1 Tico

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FORM 1 TRAVEL INDUSTRY ACT, 2002, S.O. 2002, CHAPTER 30 SCHEDULE D HALF-YEAR STATEMENT FOR THE SIX MONTHS ENDED: (Month/ Year) REGISTRATION # BUSINESS NAME: ADDRESS: 1. GROSS SALES for the six months.

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How to fill out the Form 1 Tico online

Filling out the Form 1 Tico online is an essential task for registered travel agents and wholesalers in Ontario. This guide provides clear and direct instructions to facilitate the completion of this important document, ensuring compliance with the Travel Industry Act.

Follow the steps to efficiently complete your Form 1 Tico online.

  1. Click the ‘Get Form’ button to access the Form 1 Tico. This action allows you to retrieve the form and open it in a suitable online platform.
  2. Once the form is open, locate the fields labeled 'Registration #', 'Business Name', and 'Address'. Enter your registration number as specified on your certificate, followed by your business's name and physical address.
  3. In the section for 'Gross Sales for the six months ended', calculate your total gross sales according to the definition provided in the explanatory notes. Write the amount in the indicated field, using the provided rate of $0.05 per $1,000 in sales.
  4. Next, compute the payment due to TICO. The minimum amount due is $25. Ensure that the entered amount reflects any applicable sales based on your calculations from the previous step.
  5. In the next section, calculate the P.S.T. applicable to your payment. This should be 8% of the amount calculated in the previous step. Enter this value into the corresponding field.
  6. Calculate the 'Total payment due to TICO' by adding the values from the P.S.T field to the payment due. Input this total into the designated area.
  7. Complete the certification statement confirming the accuracy of the information provided. Ensure to add your name, title, and the date in the designated spaces.
  8. Finally, review all entered information for accuracy. Save your changes, and proceed to download, print, or share the completed Form 1 Tico as required.

Complete your Form 1 Tico online with confidence and ensure timely submission to TICO.

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To file Form 1 Tico, you need to submit it to the appropriate government agency overseeing the specific program related to the form. Typically, this involves sending your completed form to the designated office associated with the licensing or permitting process. Ensure you check the requirements for your state, as they can vary. Using uslegalforms can streamline the process, providing you with the necessary templates and filing guidance.

All travel retailers and travel wholesalers selling travel services from a location in the Province of Ontario are required to be registered under the Travel Industry Act, 2002 with TICO.

In order to obtain your own TICO registration number, you will need to have; at least two years of travel agent experience, successfully complete the TICO Office Managers' exam, complete the TICO registration application by paying the $2500 application fee and putting up the $10,000 bond, submit your credit score and ...

Once registered, the licence must be renewed annually at the registrant's fiscal year anniversary.

The section has been amended to require a registrant to maintain positive working capital. Previously, registrants were required to maintain minimum working capital between $5,000 and $100,000 depending on their sales in Ontario during the previous fiscal year. The change will free up capital for registrants.

Obtaining TICO certification allows you to sell travel services or provide travel advice to the public on behalf of a TICO registered Ontario travel agency/website. Individuals must submit a separate registration application to TICO to obtain a registration to operate a travel business in Ontario.

The average pass result is roughly 70%. What is a Pass on the exam? If your result is higher than or equal to the exam standard, you will be assigned a Pass result; if your score is lower than the standard, you will be assigned a Fail result.

TICO Registration Renewal Fees A renewal fee is payable for each retail and wholesale registration held. The renewal fees are for a one year period and are based on reported gross sales in Ontario during the last fiscal year.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
Privacy Notice
Legal Hub
Content Takedown Policy
Bug Bounty Program
About Us
Help Portal
Legal Resources
Blog
Affiliates
Contact Us
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate WorkFlow
DocHub
Instapage
Social Media
Call us now toll free:
+1 833 426 79 33
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232