The success of small businesses is an essential part of Canada’s economic growth. At the CFS, our goal is to provide all the support we can. We work closely with small businesses to help them setting up their businesses, improve services, reduce paperwork, reduce the cost and time of
corporate compliance by offering a fast & easy online company formation & corporate registry services.
The success of small businesses is an essential part of Canada’s economic growth. At the CFS, our goal is to provide all the support we can. We work closely with small businesses to help them setting up their businesses, improve services, reduce paperwork, reduce the cost and time of
corporate compliance by offering a fast & easy online company formation & corporate registry services.
Here’s we share 7 reasons why you should consider doing business in Canada.
Proximity.
90 percent of Canadians live within 100 miles of the U.S. border. That’s a lot closer than both Hawaii and Alaska.
Familiarity.
Canada shares much culture with its southern neighbor. This makes it easier for local business owners to begin operations in Canada. Further, the language is almost identical (although the accent may vary).
Online Shoppers.
When you have winter for as long as Canada do, you love to shop online. Recent estimates say that Canada has more than 20 million digital consumers, and more than 20 percent of Canadians shop online at least monthly. Best of all, American businesses can easily fulfill Canadian orders with minimal infrastructure.
Both Shopify and Amazon support online sales in Canada, offering easy options for shipping and dealing with customs (which should be even easier with a new trade deal in place).
Tax Treaty.
Total business tax costs in Canada are the lowest in the G-7 and up to 46 percent lower than those in the United States, according to the Fraser Institute. Further, the U.S. and Canada have a long-standing tax treaty that makes cross-border commerce fairly straightforward. Businesses headquartered outside of Canada are required to pay income tax on the profits earned from Canadian operation, but if your business does not have a permanent establishment, then profits are not subject to Canadian income tax.
Skilled Workforce.
If you decide you need humans working north of the border, you are in for a treat. Both education and health care are highly subsidized in Canada, which produces both an extremely skilled workforce and knowledgeable consumers. Among the countries in the Organization for Economic Cooperation and Development (OECD), Canada ranks first in the proportion of adults with a college education (24 percent) and eighth in the proportion of adults with a university education (26 percent). (In Canada, a university awards bachelor’s degrees, e.g. B. Comm, while a college awards diplomas, e.g. Diploma in Business Administration.)
Multiculturalism.
Canada is one of the world’s greatest cultural mosaics, with diversity being a key strength. The population of Toronto, Canada’s largest city, is more than 50 percent immigrants. This makes Canada a great place to launch international operations. Several founders I know use this advantage by hiring country representatives who have recently arrived in Canada from the countries they want to expand into. Newcomers can offer deep insights into the customer base of the countries they arrived from.
Quality of Life.
If you need to send staff to Canada, they may never want to come home. A 2018 U.S. News & World Report ranking placed Canada first in the quality of life category, ahead of Denmark, Sweden, and Australia. Overall, Canada was ranked second, behind only Switzerland, scoring 9.9 out of a possible 10.
Company Formations provides fast and easy Company Registration in Canada for foreign companies wishing to operate in Canada and provides all the documents your new Canada corporation will need to stay up-to-date and in compliance with your province of registration corporations law.
Incorporation Fees:
$2200 (All Inclusive)
Our Canada Incorporation Service includes:
Name Search Report
Preparation of Articles of Incorporation and Incorporation Documents
Incorporation Agreement
By-Laws, Company Minute Book, Share Certificates
Canada Registered Agent Service for 1 year
Government Fees
Our Service Fees
Original Certificates
Copy of Documents in PDF
Taxes
For more information about our Canada Corporations for non Canadians, please contact us using the form below:
