Every Vancouver business needs a City licence
Any organization doing business in or from Vancouver must have a business licence — commercial, industrial, home-based, and out-of-town operations alike. A home-based business is licensed like any other business location; running the business from your home is not an exemption.
Source: City of Vancouver: Business licences (vancouver.ca)
Every licence in Vancouver dies on December 31
Vancouver business licences all expire on December 31 each year, whatever day you applied. Renewal notices go out in November, and any payment received after December 31 carries a late penalty of $47 or 10% of the licence fee, whichever is greater.
Source: City of Vancouver: Renew your business licence (vancouver.ca)
The application fee is $77, once
The City charges a one-time, non-refundable $77 application fee with the general business licence application. The annual licence fee itself depends on your business type and is set by Licence By-law No. 4450, Schedule A. A licence may also need engineering, fire, health, or police approvals before it is issued.
Source: City of Vancouver: Business Licence General Application (vancouver.ca)