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 […]
Tag Archives | Invest in Canada
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 […]
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 […]
Establishing a new business in Canada as a Corporation
Direct investment in Canada is often through the establishment of a corporation. Corporations may be formed under provincial or federal law. Incorporation may be effected rapidly and inexpensively. Often the most pressing initial matter is to choose a corporate name that is not confusingly similar to an existing corporate name or trademark. incorporation is achieved […]
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 […]
