Below you will find a list of the total fees involved to register a new corporation by a Canadian-resident: Canada Federal Corporation Canada Gov Fees: $200 Name Search Report or NUANS Report: $30 CompanyFormations Fee: $129.99 GST: $6.49.99 Total Fees: $366.48 Alberta Incorporation Alberta Gov Fees: $450 Name Search Report or NUANS Report: […]
How to Register for the VAT in Canada
All private corporations with a turnover of over 30,000 CAD of taxable supplies per quarter must register for the VAT –referred to as Goods and Services Tax (GST)/Harmonized Sales Tax (HST) – with Canada Revenue Agency (CRA). In order to register with CRA, corporations must provide the Name, phone number, and the Social Insurance Number […]
Forming a Canadian subsidiary
Canada Company Registration Company Formations Canada offers fast and easy company registration in Canada for non-Canadian residents and foreign companies wishing to operate and do business in Canada. Register a new company in Canada as a non-Canadian resident https://companyformations.ca/canada-corporations-non-canadian-residents/ Register a foreign company in Canada https://companyformations.ca/extra-provincial-corporations-licence-outside-canada/ Canada Registered agent services for foreign companies and non-Canadian […]
Capital markets regulatory framework and enforcement
Things to know Securities law is primarily a matter of provincial/territorial jurisdiction whereby each province/territory has enacted legislation that governs securities transactions, as well as supporting rules, instruments and policies; and established a securities commission or similar securities regulatory agency; and Canada does not currently have a national securities regulator. While there is an umbrella […]
Anti-money laundering and terrorist financing
Things to know Canada’s anti-money laundering and terrorist financing laws are primarily contained in two statutes: the Criminal Codeand the Proceeds of Crime (Money Laundering) and Terrorist Financing Act(PCMLTA). The Criminal Codeapplies to all individuals and businesses. Under the Criminal Code, it is an offence to knowingly deal with any property or provide or facilitate […]
Sanctions laws in Canada
Things to know Canada has a broad range of economic sanctions laws that apply to all individuals and businesses in Canada and to all Canadian citizens and Canadian businesses doing business outside Canada. These laws are included in a number of different statutes and regulations including the Criminal Code, United Nations Act, Special Economic Measures […]
Anti-corruption, bribery and enforcement
Things to know Anti-corruption and bribery in Canada is enforced principally under two federal statutes: Foreign bribery under Canadian law is governed by the Corruption of Foreign Public Officials Act (“CFPOA”) which makes it an offence to: i) directly or indirectly give, offer or agree to give or offer any form of advantage or […]
Insolvency and restructuring in Canada
Things to know Canada’s insolvency and restructuring regime consists primarily of two statutes: (1) the Companies’ Creditors Arrangement Act(CCAA), and (2) the Bankruptcy & Insolvency Act(BIA) Both statutes provide for restructurings similar to Chapter 11 of the U.S. Bankruptcy Code (the Code), and liquidations analogous to Chapter 7 of the Code The BIA is available […]
Lobbying in Canada
Things to know Canada has lobbyist registration requirements at the federal, provincial and, in some cases, municipal levels. Lobbying typically encompasses communications with public officials regarding the making, developing or amending of legislative proposals, regulations, policies or programs, or the awarding of government grants, contributions or other financial benefits such as government contracts. There are […]
Branch of a foreign corporation vs. Canadian subsidiary
Things to know One of the most important considerations for a non-resident is whether to incorporate a Canadian subsidiary or to establish a branch operation. A Canadian subsidiary of a non-resident corporation will be considered a resident of Canada for the purposes of the Income Tax Actand will be subject to Canadian income tax on […]