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Doing business in Canada

How quickly can I set up a business?

1-2 weeks

 

What is the minimum investment needed?

There is no minimum.

 

How can I raise finance?

Shareholders may advance funds, third party shareholders may invest, bank or private lending.

What are the legal requirements for setting up my business?

You can operate as a branch of the existing foreign entity or incorporate a Canadian subsidiary, either federally or provincially.

What structure should I consider?

This depends on whether the business in Canada has a permanent establishment.  In the case of a permanent establishment, the usual recommendation would be a subsidiary Canadian corporation.

Our firms in Canada
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Latest news

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On December 13, 2023, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) 2023-08, titled “Accounting for and Disclosure of Crypto Assets”, an amendment of FASB Codification Intangibles—Goodwill and Other— Crypto Assets (Subtopic 350-60), to address the accounting challenges posed by cryptocurrency.