As a foreign company looking to expand its operations into Canada, it’s essential to understand the different business structures available. One popular option is establishing a branch office, which offers a range of benefits and advantages. At CFS Canada, we specialize in guiding foreign companies through the intricacies of setting up operations in Canada. In […]
Tag Archives | Canada Branch Registration
Understanding Branch Offices and Subsidiaries in Canada for Foreign Entrepreneurs
Establishing a Branch Office in Canada: A Guide for Foreign Companies When foreign companies decide to expand into Canada, choosing the right business structure is crucial for operational success, tax efficiency, and legal compliance. One popular option is establishing a branch office, which offers a range of benefits for entrepreneurs and small business owners. In […]
Things to do When Forming a Canadian subsidiary
Generally, a subsidiary is a subordinate corporation within a larger business organization controlled by a body corporate. Generally, the body corporate (more commonly referred to as the “parent corporation”, “parent” or “holding corporation”) holds some or all of the shares in a subsidiary, which allows the parent to exert direct or indirect control (de jure […]
Things to Know When Registering a Branch in Canada
A non-resident corporation carrying on business in Canada through a Canadian branch is liable for income tax on its Canadian-source business income at the same rates that apply to Canadian residents. In addition to federal and provincial income taxes, a non-resident corporation (NRC) carrying on business in Canada will be subject to the so-called “branch […]
Things to Know When Registering a Canadian Subsidiary
A Canadian subsidiary can be formed in Canada either under the federal laws of Canada or the laws of one of Canada’s provinces or territories. The laws applicable to corporate entities in each of these jurisdictions are generally consistent, but there are some important distinctions (some of which are set out in greater detail below). […]
Tax Implications of registering your foreign company in Canada as a Subsidiary
A Canadian subsidiary can be formed in Canada either at the federal level or at the provincial level. The laws applicable to corporate entities in each of these jurisdictions are generally consistent, but there are some important distinctions. Generally, subsidiaries are registered in Canada as limited liability corporations, but certain provinces (including British Columbia, Alberta, […]
Tax Implications of registering your foreign company in Canada as a Branch
A branch is one of the ways a foreign company has to set up a business in Canada. A branch is usually an adequate vehicle for low-cost projects. However, it is not the ideal choice for substantial projects because the parent company and branch office activities are not differentiated, the parent company is fully liable […]
Registering a Subsidiary of a Foreign Company in Canada
Most non-resident investors prefer to incorporate a subsidiary chiefly because a subsidiary allows for a division of liability between the Canadian operation and the foreign operation. A subsidiary is simply a Canadian corporation whose controlling or sole shareholder is another corporation. An incorporated subsidiary of a foreign corporation is entitled to many of the same […]
Registering a Branch of a Foreign Company in Canada
The registration of a Branch in Canada permits foreign corporations to operate and o business in Canada. The registration of a branch in Canada is done by filing an extra-provincial registration application in the province or provinces in which the foreign business proposes to operate. The foreign company will need to register extra provincially in […]
