Canada Company registration. A corporation is an independent legal entity that exists separate and apart from its owners (shareholders). Basically, the corporation acts as a ‘person.’ As a ‘person,’ a corporation can: buy, sell and own assets, including land make contracts sue be sued You do not need to be a large business to register […]
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RSS feed for this sectionUnited States–Canada Income Tax Treaty
This post provides information on the income tax treaty between the United States and Canada. It discusses a number of treaty provisions that most often apply to U.S. citizens or residents who may be liable for Canadian tax.Treaty provisions are generally reciprocal(the same rules apply to both treaty countries). Therefore, Canadian residents who receive income […]
Taxation for non residents of Canada
This page provides information about the income tax rules that apply to non-residents of Canada. Your tax obligations As a non-resident of Canada, you pay tax on income you receive from sources in Canada. The type of tax you pay and the requirement to file an income tax return depend on the type of income […]
Business Formation in Canada
One of the threshold issues for a foreign entity wishing to establish a business in Canada is whether that business should be carried on directly, as a branch of the foreign entity, or should be created as a separate Canadian business organization, such as a subsidiary corporation (with either limited liability or, in some provinces, […]
Canada Employment Law and Labour Relations
An employer in Canada will be governed by either federal or provincial employment and labour laws depending on the nature of its business. The term “employment and labour laws” includes such things as employment or labour standards, human rights, labour relations, occupational health and safety, pay equity and workers compensation or workplace safety insurance laws. […]
How to Form a Canadian subsidiary
A Canadian subsidiary is one of the most popular options for global entrepreneurs wishing to start and operate a new business in Canada. To create a subsidiary, you would incorporate in a province of your choice. You can also incorporate federally. If the subsidiary isn’t incorporated federally, you can choose to apply for extra-provincial registrations […]
Director Residency Requirements Canada
The wealth of Canada’s natural resources, its strong economy, and a stable government and banking environment makes Canada a sought-after nation for trade, investment and doing business. There are several legal business structures available to foreign entrepreneurs and businesses wishing to conduct business in Canada. The two most common ways in which global entrepreneurs register […]
Importing Commercial Goods into Canada
Process of Importation All goods imported into Canada must be reported to the CbsA and all applicable duties and taxes must be paid. the amount of customs duty payable will depend upon the tariff classification, the origin and the value of the goods, as determined for customs purposes. Business Number – importer/Exporter Account Number All […]
7 reasons why you should consider doing business in Canada.
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 […]