Canada Incorporation. Expanding your reach? Setting your sights on a new market? Canada welcomes you with open arms. Establishing a business in Canada offers a wealth of advantages for foreign companies and global entrepreneurs. From a stable political and economic climate to a skilled workforce and thriving international trade, Canada provides the perfect springboard to […]
Types of Canadian corporations for tax purposes
There are different types of corporations for tax purposes, and you have to select the one that accurately describes your corporation type at the end of the tax year. The corporation type determines whether or not the corporation is entitled to certain rates and deductions. Make sure you know which type applies to you: Canadian-controlled […]
Ontario income tax on individuals and corporations.
In Canada, both the Ontario and federal governments impose an income tax on individuals and corporations. The federal government collects personal income taxes for Ontario. residents of Ontario file one combined federal and Ontario income tax return with the Canada revenue Agency (the “CRA”). As a result of a “harmonization”, effective for tax years beginning […]
Start a Business in Canada without Living in Canada
Are you a non-Canadian who would like to open a company in Canada? If you are a Non-Canadian resident interested in starting a new business in Canada without living in Canada, you can do it. Certain Canadian provinces and territories allow Non-Canadian residents to register and start new companies without the need to live or […]