File Your 2025 Nil T2 Return
Written and reviewed by Sharad Gondaliya, CPA (Ontario), CPA Ontario Membership 61040184.
Last reviewed: October 15, 2026
A 2025 nil T2 return that has not been filed is still outstanding. It does not expire and it does not resolve itself.
Every resident corporation, including an inactive one, must file a T2 return within six months of its fiscal year-end, every year, until it is formally dissolved. A final T2 is due within six months of dissolution. Having no revenue, no bank activity and no employees does not remove the obligation.
What an unfiled year actually costs
A true nil return carries no percentage late-filing penalty, because that penalty is a percentage of tax owing and the corporation owes $0.00. The unfiled year still stays open forever, invites a demand to file and an arbitrary assessment, blocks a clearance certificate and dissolution, and costs a non-resident-owned corporation $25.00 per day up to $2,500.00.
Filing it now
Each tax year is a separate return at $300.00 plus HST per tax year. If you have several years outstanding, you pick every year you have not filed and each is prepared, reviewed and transmitted.
This service is for a corporation with no activity in the tax year. A corporation with investment income, rental income, or dividends paid or received is not nil.
We are a registered EFILE electronic filer. Your return is transmitted to the Canada Revenue Agency electronically, and your CRA confirmation is emailed within 3 business days. Business days are Monday to Friday and exclude Ontario statutory holidays.