Canadian Regulations
If you are looking to own a commercial business in Canada, there are tax regulations to which you must adhere. We can help to determine your or your company’s residency status and therefore your and your company’s obligations to the Canada Revenue Agency.
Corporations
We can assist you with the following:
- Non-resident corporate filing
- Treaty based exemptions and tax waivers (NR 303)
- GST/HST registration for non-resident corporations
- Payroll setup for non-resident corporations
- Setting up Canadian subsidiaries for non-resident parent corporations
- Assist with payment to non-resident employees, contractors and shareholders (Withholding Taxes)
Corporations looking to establish a presence in Canada encounter compliance obligations depending on the nature of their company. A non-resident corporation can have a presence in a form of:
- Hiring of Canadian employees
- Registering non-resident payroll account
- Establishing a place of operations
- Registering a Canadian Subsidiary
- Goods and Services
- Registering a Goods and Services Tax account
- Import or export of goods
- Registering an Import and Export account
Non-resident corporate filing
Treaty based exemptions and tax waivers (NR 303
GST/HST registration for non-resident corporations
Payroll setup for non-resident corporations
Setting up Candaian subsidiaries for non-resident parent corporations
Assist with payment to non-resident employees, contractors and shareholders (Withholding Taxes)
Individual Non-residents
We can assist you with the following:
- Clearance certificate for disposition of real estate property in Canada
- 25% withholding of Non-Resident Rent Collectors-Sec 216 (NR4 and NR6 filing)
- Employment and Contractor income (Processing T4 & T4A-NR)
- Treaty based exemptions (Regulation 102 and Regulation 105)
- Tax waivers based on treaty agreements
- Investment income reporting
Non-residents of Canada who have earned income in Canada or who disposed of a taxable Canadian property must file the appropriate submission to the Canada Revenue Agency in order to be compliant with Canada’s Income Tax Act. A non-resident individual may have to file a Canadian return if they:
- Earned any employment Income in Canada
- Filed a non-resident income tax return
- Earned rental income in Canada
- Submitted monthly withholding tax and file a Section 216 return
- Earned investment Income in Canada
- Filed a non-resident return and claimed taxes through treaty exemptions
- Sold property in Canada
- Obtained a clearance certificate to release funds and non- resident return.
Clearance certificate for disposition of real estate property in Canada
25% withholding of Non-Resident Rent Collectors-Sec 216 (NR4 and NR6 filing)
Employment and Contractor income (Processing T4 & T4A-NR)
Treaty based exemptions (Regulation 102 and Regulation 105)
Tax waivers based on treaty agreements
Investment income reporting
NEXT STEPS
STEP 1
Outline clear goals and objectives for your presence in Canada
STEP 2
Contact us to schedule a 15-min consultation
STEP 3
We will provide a list of options with associated costs