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22nd Jul 2021

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14th Jul 2021

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05th Jul 2021

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22nd Jun 2021

Incorporate in Canada with Clevver:

Start up a Company Remotely

Overview:

  • Canada is one of the G7 nations with the most promising economic conditions for investment. Canada's financial situation is noted as the most stable of the G7 countries;
  • Canada's legislation is flexible and in line with all modern realities;
  • Non-resident companies pay tax only on profits generated in Canada;
  • Canada has signed more than 100 double taxation treaties;
  • Building a business in Canada provides access to the North American market.
  • Clevver provides a simple online registration of a company in Canada that does not require the owner’s physical presence. All legal papers are available in a digital form.

Canada is one of the most attractive and prestigious jurisdictions for doing business. The simplicity and organicity of the laws and the government's interest in attracting experienced foreign entrepreneurs have resulted in a stable economy and a high level of infrastructure.

Canada is one of the richest countries in the world with a high per capita income. In addition to being a member of the Organization for Economic Cooperation and Development (OECD) and the G7, NATO, WTO, Commonwealth of Nations Francophonie, OAS, APEC, and UN, this country is rightfully among the ten largest trading nations in the world. Your business will be offered good taxation conditions, and the reputation of the country as such will not make anyone question the legitimacy of the business.

Employees of Clevver are well versed in company registration procedures globally. With us, the formation of a business entity in Canada will take place quickly, in compliance with all mandatory procedures and legal requirements. Learn more here.

Taxation in Canada

According to international researchers, Canada has one of the lowest business tax burdens of all G7 countries. A transparent taxation system and many options of fiscal optimization together provide favorable conditions for entrepreneurs wishing to do business in this country.

Canada has a three-level system of taxation: taxes are federal, provincial, and territorial (or local) and therefore general tax rates are different in each province. Also, much depends on the type of activity and turnover of the company.

  • The basic federal corporate income tax rate is 38%, 28% after federal tax abatement. After the general tax reduction, the net tax rate is 15%, declares the Government of Canada's website.
  • The provincial corporate income tax is levied in the provinces at different rates, which range from 8 to 16%.
  • Sales Tax (VAT) - GST (Goods and Services Tax) / HST (Harmonized Sales Tax) the federal rate of 5% plus the provincial rate from 0 to 15%.

Benefits of Setting up a Business in Canada 

Those wishing to start a business in Canada observe a huge number of prospects and positive factors leading to business success:

  • A huge number of government programs to attract and support foreign investors;
  • Economic and financial stability;
  • The sufficient level of technology;
  • The ideal infrastructure;
  • A stable economy;
  • The powerful legal system;
  • High level of education;
  • Skilled labor force;
  • Absence of corruption and bureaucracy.

Registration of a Canadian Business Entity with Clevver 

High level of technology development, economic and financial stability, effective tax system, fair courts — these are only a few of advantages for doing business in Canada.

Have you already decided to open up a business in Canada? Clevver specialists will readily start the procedure of your Canadian company formation once you’ve applied to us and all is clear on both sides. 

WHAT WE OFFER: 

  • The assistance of the well-versed legal specialists;   
  • The remote process of opening up a business in Canada;   
  • A complete package of legal documentation on the company registration in a digital format;   
  • Possibility to obtain numerous extra to business incorporation services in Canada (a registered address, mail-handling service, and a local phone number);
  • Constant customer support and individual approach to each client. 

Final Thoughts

If you wish to incorporate a company in Canada remotely, Clevver specialists can provide you with the necessary support and consulting services at every stage of the business's establishment. To start your company formation process in Canada, contact us now.

Registering a company in Canada is one of the most promising solutions for entrepreneurs who want to open a business in North America. The country is rightfully recognized as one of the most developed and richest nations in the world and is also on the "white list" of the Organization for Economic Cooperation and Development.