You are not a Canadian, but want to start a company or run a business in Canada? This article is for you. There are three situations below, please choose the one that suits you best!
1. There are companies overseas that want to Starting a business in Canada
With global integration, overseas business owners need to expand their business to the Canadian market. If you have an overseas business (outside of Canada), it is actually very simple to establish a company in Canada: each province in Canada has its own procedures and fee regulations for registering a company outside the province.
For example, if you are a non-resident of Canada and currently run a company in China, and want to open a company in Ontario, you will need to register the new company as an out-of-province company in that province.
For out-of-province registrations, you will need a "service agent," an "individual over 18 years of age who resides in Ontario, or a corporation with a registered office in Ontario."
All Canadian provinces and territories have similar requirements. To do business in Canada, you need to contact the provincial registration agency in your province and follow the prescribed procedures. If you want to do business in multiple provinces, you need to register your new business in each province separately.
On the other hand, if you are a non-Canadian who wants to start a business in Canada and do not already have an established business in your country of origin, there are several ways to start a business in Canada.
2. No company wants to immigrate to Canada to start a company
First, if you want to live in Canada, you can apply for the Canadian Business Immigration Program. This is a way for you to start a business in Canada and live here.
When you go to the Canadian Immigration Department to look up information about immigrating to Canada, you will see that there are two types of immigrants: work visas for entrepreneurs and self-employed individuals.
To come to Canada as a self-employed person, you must have:
relevant experience in cultural activities or sports and intend and be able to make a significant contribution to the cultural or sporting life of Canada, or
Experience in farm management, intending and able to purchase and manage a farm in Canada.
In addition, other factors that affect your application to come to Canada as a self-employed person include your education, age, adaptability and language ability; you must be able to listen, speak, read and write English or French proficiently.
3. Starting a business in Canada without living in Canada
If you are not a Canadian citizen or permanent resident and do not plan to immigrate to Canada, you can still start a business in Canada by forming a partnership with one or more Canadian citizens or permanent residents.
The Canada Business Corporations Act provides for the following:
At least 25% of the directors must be Canadian residents (if 25% is not an integer, it shall be rounded up to the nearest integer). For a corporation with fewer than four directors, at least one director must be a Canadian resident (S. 118(3)).
When starting a business in Canada, if the business is a partnership, you will need to register your partnership in your province or territory.
If you are starting a business, you will first need to decide whether to register your business federally or provincially. There are some differences between the two; but if your new business is registered as a federal corporation, you will still need to register your business in each province or territory where you do business.
What can we do for you?
✅ Company registration services: Assist clients to complete the process of registering a company in Canada, including preparing necessary documents, filling out application forms, etc.
✅ Legal Advice: Providing advice on Canadian corporate legal requirements to ensure clients understand and comply with relevant regulations.
✅ Business Plan and Strategy: Assist clients to develop business plans and development strategies suitable for the Canadian market to achieve long-term success.
✅ Tax planning and filing: Provide tax planning advice to help clients minimize their tax burden and assist in completing relevant tax filing procedures.
✅ Financial Management: Provide financial management services, including accounting records, budgeting, cash flow management, etc., to help customers maintain a good financial situation.
✅ Trademark registration and intellectual property protection: Assist clients in registering trademarks and provide advice on intellectual property protection to ensure that clients' intellectual property is fully protected.
✅ Work Permit Applications: Assisting clients in applying for the necessary permits and visas to work in Canada so they can effectively manage their Canadian businesses.
✅ Commercial Contract Drafting and Review: Drafting and reviewing contracts and agreements related to Canadian business to ensure that clients’ rights and interests are fully protected.
If you want to register a company as soon as possible but don’t know how to do it, please contact Wang Ke Accounting Firm as soon as possible!
What are the benefits of having us register your company and handle your taxes?
♻️ Reduce risk
Canada’s regulations and tax system can be complex for non-residents. With our services, you can reduce your business risks by ensuring that you comply with all regulations and avoid potential fines or legal disputes.
🤝 Save time and energy
Dealing with company registration and tax matters requires a lot of time and effort. By leaving these tasks to us, you can focus on the core development of your business instead of spending too much time on tedious administrative work.
⚠️ Optimize tax planning
Our accountants can help you develop the best tax strategy to minimize your tax burden and optimize your financial structure. This means you can maximize your profits legally and gain more advantages in terms of taxation.
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Why choose us?
✅ Technology leadership
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✅ Fair price
Transparent fees and efficient processes effectively reduce the financial burden on small businesses.
✅ Industry expertise
We customize professional tax strategies for small businesses in multiple industries to optimize financial benefits.
✅ Quality service
Respond to customer needs quickly, update information in a timely manner, and enhance customer trust.
✅ Compliance assurance
Our professional team is well versed in the latest tax laws and ensures that financial reporting is compliant.