Tax credit · not repaid

New Small Business Tax Deduction

Government of Nova Scotia, Finance and Treasury Board · Nova Scotia

OpenGeneral
Funding
See details
Tax credit — rate not published, check the official page
Deadline
Ongoing
Open, accepted on an ongoing basis (no fixed deadline).
Type
Tax credit · not repaid
Company stage
Early Stage / Startup, SME

Overview

This deduction eliminates the Nova Scotia corporate income tax for the first three taxation years of an eligible new small business after incorporation.

Who can apply

  • New Nova Scotia incorporated business with at least 2 employees (at least 1 unrelated to any shareholder)
  • not in a partnership or joint venture with an ineligible corporation
  • not a beneficiary of a trust with ineligible beneficiaries
  • not a previously active business with essentially the same or related owners
  • not a professional practice of an accountant, dentist, lawyer, medical doctor, veterinarian or chiropractor
  • not carrying on substantially the same business activity previously conducted as a sole proprietorship, partnership or corporation.
Not sure if you qualify?Book a call with SeedPort to see whether New Small Business Tax Deduction fits your company and what you would need to apply.
Book a call with SeedPort

What it can pay for

Not specified in the listing.

Past recipients

No public list of past recipients is linked for this program yet.

Official source

Program details change. Always confirm eligibility, amounts and deadlines on the official page before you apply.

Official program page →

Last checked by SeedPort: Oct 15, 2026. SeedPort is not affiliated with the funder. Information is summarized from public sources and may be out of date.