Get Application For Registration As A Deferred Profit Sharing Plan - Cra-arc Gc

Filling out the Application For Registration As A Deferred Profit Sharing Plan is an essential step for plan sponsors seeking to register a deferred profit sharing plan. This guide provides a comprehensive overview and step-by-step instructions to help users complete the application efficiently online.

Follow the steps to successfully complete your application.

1. Click ‘Get Form’ button to obtain the form and open it in the editor.
2. In section 1, enter the official name of the deferred profit sharing plan as it is stated in your plan documents.
3. Complete section 2 with the plan sponsor's information. This includes the name, address, city, province, postal code, Business Number, telephone number, contact, language of correspondence ('English' or 'French'), and the employer's fiscal year end.
4. In section 3, indicate the number of participating employers involved in the plan. Provide the name, mailing address, and Business Number for each participating employer. Use a separate sheet if necessary.
5. For section 4, select the effective date of registration by checking either the date of mailing indicated by the post office postmark or a later specified date.
6. In section 5, provide the expected total number of employees who will be members of the plan in its first year. Indicate whether any members will accrue benefits or make contributions under another deferred profit sharing plan or registered pension plan.
7. Complete section 6 with trustee information, including their name, address, city, telephone number, postal code, and details of individual trustees, if applicable.
8. If applicable, fill out section 7, ensuring to specify the approved specimen identification number and the authorized representative's details.
9. In section 8, name any firm authorized to correspond regarding the deferred profit sharing plan, including their address and telephone number.
10. In section 9, list any attached documents, such as the plan text, trust agreement, certification of board resolution, and any other necessary documents.
11. For section 10, as the authorized signing representative, certify the accuracy of the information provided, sign, and date the application.
12. Finally, save your changes, download, print, or share the completed form, ensuring it is sent by registered mail to the Canada Revenue Agency.

Complete your Application For Registration As A Deferred Profit Sharing Plan online to ensure a smooth registration process.