Foreign investors with companies in Canada can make various changes to the business when its direction is not the right one. However, it is also their right to decide to dissolve the company if they no longer want to do business in Canada. In order to close down a company, the Articles of Dissolution must be prepared and…
There are several documents which need to be drafted and submitted when starting a company in Canada. Among them, the Articles of Association are the most important documents to be drafted, notarized and submitted when incorporating a company in Canada. However, the shareholders of Canadian companies also have the right to make various…
The requirements related to starting a business in Canada can depend on the type of structure chosen, the province or territory it will operate and whether it is a resident or non-resident company. Based on these aspects, the business owner will also know if there are any special licensing requirements. The extra-provincial corporation is one…
The steps for opening a company in Canadaare given by the regulations of the Company Law. Once the type of structure to be used is established, the shareholders must also decide who the company managers or directors will be before starting the incorporation procedure. When appointing directors in Canada, investors will have to respect a…
All companies registered in Canada, no matter the business form, are required to comply with various requirements, among which filing their annual tax returns. There are several aspects to consider when meeting the annual tax returns for Canadian businesses, as these depend on the structure of the company, whether it is registered at a federal or provincial…
One of the most important aspects to consider when starting a business in Canada refers to taxation. Companies are subject to taxation based on various criteria, which is why foreign investors opening businesses here can be confused sometimes. When it comes to taxation, there are several aspects to consider when registering a business in Canada, among them the…
Foreign citizens are welcome in Canada, the government supporting those who come to work or start a business here. While the work and residence permits are requested by those working in Canadian companies, foreign entrepreneurs have other options for relocating to this country, one of the most important being the entrepreneur startup…
In order to move to Canada, a foreign citizen must apply for a residence permit. There are two types of residence permits which can be obtained in Canada: the temporary and the permanent residence visa, each subject to different conditions. The number of individuals interested in immigrating to Canada has increased substantially in the past few years…
Starting a business in Canada can bring various benefits to foreign investors based on the type of structure they choose and the industry they decide to operate in. There are several aspects which need to be considered when choosing to open a company in Canada and most entrepreneurs look at the taxation system which in Canada is…
Canada is a federal state and it is divided into provinces. This is why taxation in Canada implies the collection of the taxes by the Canadian Revenue Agency on behalf of the federal and provincial governments and which then distributes the collected amounts of money to the federal and local authorities. Below, our company…
