As the global landscape for cryptocurrency continues to evolve, countries worldwide are defining their stances on digital assets. Indonesia, with its rapidly growing economy and technological advancements, has been no exception. The regulation of cryptocurrencies in country has become a focal point for both local and international investors. This article delves into the specifics of…
Commonly, legal opinion is what we consider as an experienced lawyer’s advice. It is presented in the form of a document prepared by a client’s requirement. The article will provide you with all interested details regarding the provision of legal consultation. Legal opinion: Why do we need it? Banks frequently demand LOs from risky businesses…
1. Sorts of Commercial Units, Their Homestead and General Charge issues This country offers diverse business units with distinct lawful divisions, including the SA requiring EUR 30,000 minimum capital and the SARL with EUR 12,000, managed by boards of directors. The SARL limits subsidiaries to one hundred and could not trade publicly, while the SCA…
1. Trade License Acquiring a pervasive trade licence is a pivotal step for most commercial functioning in Switzerland. This licence is mandatory that assures your commercial functioning bonds to indigenous market rules and protocols. Here’s what you should know: Submission routine: You can apply for a commercial licence to the local canton’s market branch. This…
This is a new investment opportunity – SPI license in UK for sale. Please check out the main details regarding this proposal below. SPI license in UK for sale: key considerations Small Payment Institution (SPI) in UK for sale; Company was licensed by FCA in 2018; Allowed activities (money remittance, foreign exchange); Company has 3…
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Are you ready to establish your business presence in the UK effortlessly? Discover our exclusive offer—a ready-made company with immediate access to Natwest, Revolut, and Wise bank accounts. Here’s what you need to know: Key features Company for Sale in UK with Established Bank Accounts – Company Details: Founded in 2024, work in non-specialised wholesale…
An active transportation company limited by shares (SA) in Switzerland is now available for sale. This company, was established in 2020 and operates in the passenger and cargo transportation sector with a focus on sea and rail transport. Key Features Transportation Company in Switzerland Corporate Structure Form: Company limited by shares (SA) Year of Registration:…
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+1 (888) 647 05 40Registration of a company in Canada for a non-resident, as well as opening a bank account, is a topical issue today. Since there is a trend in the world at the moment for legal and reliable reasons for living in Canada.
If you are not a Canadian citizen or an immigrant, you can create a business in Canada, but your options are more limited:
1) Incorporation (Corporation). If the choice fell on a provincial town, for example, Ontario, it is necessary that the Canadian resident is a co-founder of your company.
It is important to note that the founder must have a high percentage of participation, the company must have a legal address and have a director. As an exception, the provinces of New Brunswick and Quebec are worth mentioning.
For these provinces, to go through the procedures for registering a new enterprise and opening a bank account, the founder does not need to be present in person.
The only obligation is to provide a full financial report one and a half years after registration. In other words, if 18 months have not been successful for the company, a decision is made to close it.
2) Ontario is one of the richest provinces in whose territory about 50% of the country’s production is located, but it is recommended to register LLC or Limited to register an enterprise in it.
The procedure is quite simple, one condition: partners should not be residents of Canada, in the country their business is not taxed, as a result, there is no need to submit any reports.
This type of registration is very popular in the field of software development, as well as among enterprises and corporations that distribute their services around the world.
Regarding bank accounts, opening is available as a corporate account. e. (America or Canada).
An important point: Canada is one of the countries of the Great 20, which alone does not provide for the collection of taxes from persons who open bank accounts in the country. Banks of Canada are not required to provide information on opening accounts to tax organizations.
Also, the processes of registration and opening of a company / enterprise in the country in question are not considered a direct reason for issuing immigration documents, but this will be a special advantage when participating in any government programs.
Eternity Law International specialists provide registration and accounting services in Canada to non-residents of the country who would like to expand their business in Canada or plan to immigrate as a business immigrant.
The international company Eternity Law International provides professional services in the field of international consulting, auditing services, legal and tax services.