Foreign businesses looking to do business in Canada

Premier Location  For Business Investment

Canada is recognized as a premier location for business investment, offering multiple advantages for companies seeking to expand into North America. With its wealth of natural resources, a stable political climate, a highly educated workforce, and a robust financial system, Canada provides a strong foundation for international businesses. The country’s first-rate infrastructure and commitment to innovation, supported by generous research and development incentives, further enhance its appeal to global investors.

Benefits of Investing in Canada

Canada is committed to fostering innovation across diverse industries. Its government provides significant support through various programs and incentives, making it an attractive destination for companies involved in research and development. Additionally, low corporate tax rates and easy access to major U.S. markets make Canada a strategic choice for businesses looking to establish a presence in North America. For more details about industry advantages, you can explore our comprehensive Sectors Overview.

Key Issues to Consider When Expanding into Canada

When planning to do business in Canada, there are several important considerations you should address to ensure a smooth entry into the Canadian market:

Essential Business Services and Support

Kreston GTA offers a complete suite of services designed to support international businesses operating in Canada, including:

• Guidance on international tax structures for subsidiary operations, funding, and dividend repatriation
• Analysis of provincial differences, including varying sales tax rates
• Assistance with setting up required tax accounts with CRA (corporate, GST, HST, and payroll)
• Ongoing accounting and cloud bookkeeping services
• Comprehensive payroll services for Canadian and international businesses
• Transfer pricing strategies
• Annual corporate and other tax compliance filings

These services help foreign companies navigate the complexities of the Canadian regulatory and tax environment, ensuring compliance and supporting long-term success.

For more information, please download our Doing Business in Canada Guide. This document addresses some of the common questions and provides practical information concerning the primary issues which should be considered.