Tax credit for newly incorporated SMBs in Nova Scotia

An eligible business is a new Nova Scotia business that:

has at least 2 employees (1 employee needs to be unrelated to any shareholder of the corporation),
is not in a partnership or joint venture with an ineligible corporation,
is not a beneficiary of a trust where any beneficiary is ineligible,
is not a previous active business with essentially the same owners or related owners,
is not a professional practice of an accountant, dentist, lawyer, medical doctor, veterinarian or chiropractor, and
is not a business carrying on the same, or substantially the same, business activity that it carried on as a sole proprietorship, partnership or corporation.