Business immigration to Canada refers to the legal framework that regulates the manner in which foreign investors can arrive here for the purpose of making an investment in a specific economic sector or starting a local business. Those who want to open a company in Canada are required to apply for various immigration documents, in accordance with the legislation applicable to their nationality and the purpose of arrival. Although Canada has several immigration policies aimed at foreign investors, including high-net worth persons wishing to relocate to this country, the main immigration program that has caught the attention of foreign businessmen is the Temporary Foreign Worker (TFW), a program which does not refer solely to the accession of foreign workers on the local employment market, but of foreign businessmen hiring themselves in a Canadian business. Persons who are interested in receiving more…
The requirements related to starting a business in Canada can depend on the type of structure chosen, the province or territory it will operate and whether it is a resident or non-resident company. Based on these aspects, the business owner will also know if there are any special licensing requirements. The extra-provincial corporation is one of the most popular business forms among foreign investors, however, a license for such a business is required alongside the appointment of an agent for service the extra-provincial corporation in Canada. Below, our Canadian company formation specialists explain the steps to complete in order to appoint an agent for services for an extra-provincial corporation. We can also help with this procedure, as well as with obtaining the necessary licenses for operating under such a company. Who can act as an agent for service for…
The incorporation of a company in Canada implies several steps and respecting various laws. One of the most interesting facts about starting a business in Canada is that a company can be registered at a federal, or provincial or territorial level. This can lead to obtaining various licenses, among which the extra-provincial permit. The extra-provincial license falls under the provisions of the Extra-Provincial Corporations Act and our local agents explain below how to obtain it. We can help those opening companies in Canada and obtaining the extra-provincial license for them. The Canadian extra-provincial license under the law The extra-provincial license must be obtained by corporations registered outside Canada or which were registered in Canada, exited it and want to operate in the country again. A corporation seeking to obtain an extra-provincial license in Canada must comply with several requirements and is subject to filing various documents with the Trade Register. Given the fact that Canada is…
In order to move to Canada, a foreign citizen must apply for a residence permit. There are two types of residence permits which can be obtained in Canada: the temporary and the permanent residence visa, each subject to different conditions. The number of individuals interested in immigrating to Canada has increased substantially in the past few years as the government has enabled various programs through which foreign citizens can relocate here for work purposes if they obtain a residence permit in Canada. Below, our company formation consultants in Canada explain how to obtain a residence permit. We can help those who want to apply for residence permits, as well as those who are interested in setting up a business in Canada. Quick Facts Temporary residence permit types For: temporary work, study, family reunification, etc. Time needed to obtain the temporary residence…
Foreign investors are attracted by the Canadian resources which provide good business opportunities. However, in order to be allowed to invest here, they must follow certain rules imposed by the government under the Investment Canada Act (ICA) which specifically provides for foreign direct investments in the country. It should be noted that this law does not apply to foreign enterprises coming to open new companies in Canada. Our Canadian company formation consultants can explain the provisions of the Investment Canada Act. Foreign investors under the Canadian law on foreign investments Both the ICA and the Company Law in Canada specify that a foreign investor is an individual or legal person which does not have Canadian residency. The legislation on foreign investments specifies that foreign investors benefit from the same rights and treatment as local enterprisers opening companies Canada. However, there are also certain restrictions related to certain…
Canada is currently a very appealing country in terms of foreign investments. The taxation system and the immigration policies imposed by the government have made many foreign investors not only to open companies in Canada but also to relocate here. Those who want to start doing business in Canada have many things to consider, among them the stable economy and the fact that Canada is one of the leading G20 countries. Our company formation consultants in Canada can assist foreign investors interested in setting up a business in this country. We also invite you to watch our video on the main reasons why foreign entrepreneurs choose Canada for investments: https://www.youtube.com/embed/ZDTDl1P3tVg Canada in global rankings Foreign investors are always attracted to large economies because they offer many opportunities on the local market, and Canada is one of the largest economies in the world. It is also…
