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 […]
Tag Archives | Doing Business in Canada
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, […]
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 […]
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 […]
Reasons to start a business in Canada
According to recent rankings from both Forbes1 and US News, 2 Canada is the best country in the G20 for establishing business operations, and the Economist Intelligence Unit asserts that Canada is expected to be the second best country in the G7 for doing business over the next five-year period, from 2017 to 2021.3 Canada […]
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 […]
