What is a nil tax return?

A T2 nil return is a Canadian corporation income tax return filed with the CRA when your corporation had no business activity, no revenue, and no expenses during the tax year. It is the same T2 form a fully active corporation files, but with all financial lines reporting zero.

Who needs to file a nil return?

Every active Canadian corporation must file a T2 each year — including dormant numbered companies and holding companies that never operated. The CRA does not waive the filing just because there is nothing to report. Skipping it can trigger demand-to-file penalties and even involuntary dissolution.

How much does it cost to file a T2 nil return?

NilTaxReturn charges a flat $149 CAD + HST per return. There are no subscriptions, hidden fees, or add-ons. Multi-year catch-up filings receive a discounted per-year rate.

How long does the filing take?

We file within 72 hours of receiving your complete documents. Most clients receive CRA confirmation in the same week they sign up.

What is the deadline to file a T2 nil return?

T2 returns are due 6 months after your fiscal year-end. For a December 31 year-end (the most common), the deadline is June 30. Filing late can trigger a $1,000 demand-to-file penalty per missed return.

What happens if I miss the deadline?

For a true nil return there is no percentage penalty (since you owe nothing), but the CRA can still issue a demand-to-file letter — at which point each missed return carries a $1,000 penalty. Repeat late filers also face larger calculated penalties.

Can you file prior years?

Yes. Multi-year catch-up is one of our specialties. Each missed year requires its own T2. After your first filing, message us with how many additional years you need and we will quote a discounted per-year rate.

Is my information secure?

Yes. All data is transmitted over TLS 1.3 (HTTPS) and SINs and uploaded documents are encrypted at rest using AES-256. Data is hosted in Canada in SOC 2-compliant infrastructure. We retain records for 6 years per CRA requirements, then securely delete.

What payment methods do you accept?

Credit and debit card via Stripe, and Interac e-Transfer. No subscription, no hidden fees.

What if my corporation had a small amount of activity?

Any revenue, expense, dividend, or asset activity disqualifies you from a true nil return. You will need a regular T2 (or T2 Short). Choose the requires-review option on our intake form and we will send a custom quote within 1 business day.

Form NTR-01 · Canadian Corporations · Est. 2024

Nil Corporation
Tax Returns.
Filed Properly.

No business activity? You still owe the CRA a T2. We prepare, review, and file it within 72 hours — flat fee, real human, no software upsell.

$149 CAD + HST · Filed in 72 hours · Have questions?

Filing for a dormant corporation? Or filing a zero return yourself?

Form T2-NIL

Corporation Income Tax Return

Pg. 1 / 4

Corporation: ————————————
Business No.: ————————RC0001
Fiscal Year-End: YYYY / MM / DD
Total Revenue: $ 0.00
Total Expenses: $ 0.00
Taxable Income: $ 0.00
Tax Payable: $ 0.00

For CRA Use Only

Filed

Specimen — not a real return

§ 01 — Procedure

How It Works

3 steps · ~10 min

Submit Your File

Fill out the intake form with your corporation details and upload your Articles of Incorporation.

Remit Payment

Pay $149 + HST via credit card or Interac e-Transfer. Processing begins immediately.

Return Is Filed

Prepared, reviewed, and filed with the CRA within 72 hours. Confirmation sent on completion.

§ 02 — Schedule of Fees

All-Inclusive Price

Service Fee · Per Return

$149+ HST

Service	$149.00
HST	$19.37
Total	$168.37 CAD

File Now

Credit card or Interac e-Transfer

Included With Filing

01Complete nil T2 return with Schedules 100, 125, 141
02Prepared and reviewed by experienced tax filers
03Filed directly with the CRA in 72 hours
04Free CRA audit response if your filing is reviewed
05Direct accountant contact — no chatbot
06Secure handling of all documents (TLS 1.3 + AES-256)

§ 03 — What Sets Us Apart

The Boring Specialists

Most nil-return services are templated software with a markup. Here's what you actually get with NilTaxReturn.

No. 01

Expert-Prepared & Reviewed

Every return is prepared and reviewed by an experienced tax professional — not generated by software you could buy yourself.

No. 02

Free CRA Audit Response

If the CRA reviews or queries your filing, we respond on your behalf at no additional charge. We stand behind our work.

No. 03

Multi-Year Catch-Up

Behind on filings? We handle multi-year nil-return catch-ups, often at a discount per additional year.

No. 04

Late-Filing Penalty Help

If you've received a demand-to-file letter, we'll help you respond and apply for penalty relief where applicable.

No. 05

Direct Human Contact

Email a real person — not a chatbot or offshore call centre. Replies within one business day.

No. 06

Schedules 100, 125 & 141

All required T2 schedules prepared correctly. No skipped lines, no CRA correspondence triggered by missing forms.

§ 04 — Comparison

How We Compare

	DIY Software	Budget Svc.
Expert-prepared & reviewed
Filed directly with CRA
Free CRA audit response
Multi-year catch-up handled
Direct human contact
Includes Schedules 100/125/141	Partial	Partial
Filed in 72 hours
No subscription required

§ 05 — What You Get

The Filing, Plainly Stated

Item A

Flat $149 + HST

One flat fee, posted upfront. No hourly billing, no surprise add-ons, no subscription.

Item B

Filed within 72 hours

From complete documents to CRA submission in three business days. Rush handling for near deadlines.

Item C

Prepared by an experienced tax professional

A human tax preparer prepares and reviews every return — not a chatbot, not a template you fill in blind.

Item D

Full CRA schedules included

T2, Schedule 100, Schedule 125, Schedule 8, and the GIFI where applicable — filed correctly the first time.

Item E

Less than DIY software

Generic tax software still charges per return and leaves you guessing at schedules. We handle the whole thing.

Item F

Far less than an accountant

A typical firm quotes $400–$800 for a corporate return. We do the dormant-corp case for $149.

§ 06 — Frequently Asked

Questions On Record

§ 07 — Next Step

File Your Return.
Close The Folder.

Get your nil corporation tax return filed in 72 hours. No subscriptions, no software, no surprises.

Start Filing — $149 + HSTApproved For Filing

Researching first? Read our dormant corporation filing guide or the zero-return how-to.

Nil CorporationTax Returns.Filed Properly.

How It Works

Submit Your File

Remit Payment

Return Is Filed

All-Inclusive Price

The Boring Specialists

Expert-Prepared & Reviewed

Free CRA Audit Response

Multi-Year Catch-Up

Late-Filing Penalty Help

Direct Human Contact

Schedules 100, 125 & 141

How We Compare

The Filing, Plainly Stated

Questions On Record

01What is a nil tax return?

02Who needs to file a nil return?

03What information do I need to provide?

04How long does the filing take?

05Is my information secure?

06What payment methods do you accept?

07What's the deadline to file?

08What happens if I miss the deadline?

09Can you file prior years?

10What if my corporation had a small amount of activity?

File Your Return.Close The Folder.

Nil Corporation
Tax Returns.
Filed Properly.

File Your Return.
Close The Folder.