Expanding into Canada
Doing business in a global economy means your Company places a premium on being able to transfer human and material resources across international borders with minimal restrictions. Canada has a growing economy, an educated workforce, excellent telecommunications capabilities, and an excellent standard of living, making it a desirable location for cross-border business ventures. In fact, most US retailers and industries are all doing business in Canada because of the similarities between US and Canadian markets.
Whether you want to undertake a new start-up business venture in Canada, expand your existing business into Canada, or expand a Canadian business into a foreign market, you need to seek the representation of a legal professional with the knowledge and expertise to facilitate such transactions. Corporate clients who retain the services of Eddie H. Kadri and his team of leading professionals value their in-depth understanding of legislative and regulatory issues. Mr. Kadri will analyze your circumstances and help you navigate through any challenge while optimizing your opportunity for success in a global economy of cross-border international business transactions.
Investment in Canada
Expanding your business into Canada may be a tremendous opportunity to serve a vibrant and growing market of Canadian consumers. Canada is a unique market that has been attractive to many U.S. franchisors seeking international expansion given cultural similarities and geographic proximity between Canada and the US. Canada has made commitments both in its participation in several free trade agreements and its domestic immigration laws to facilitate foreign trade and investment.
There are several different vehicles available for conducting a business in Canada, each with its own potential advantages and considerations. A foreign entity looking to carry on business in Canada should consider such key factors as tax and liability issues when selecting the most appropriate business conduit. As part of our advantage being a full service provider, we work with leading professionals in all areas such as taxation, investment, financing, and commercial law. We will help you identify areas of concerns and direct you through our network of professionals who devise comprehensive legal strategies to advance or protect your interests, as the need may be.
The decision to expand your business into Canada is a dynamic and involved one that should be based on advice from trusted and credible professionals. The Canadian government is anxious to foster a business climate that is receptive to foreign investment. At the same time, it is determined to monitor the level of new foreign investment in Canada. When such monitoring and screening occurs, it generally involves consideration by government officials of the plans for the Canadian business, with the likelihood of a decision favouring the investment as being of net benefit to Canada.
Will Making an Investment in Canada Have Any Immigration Benefits?
Canada has a strong economic culture. If you have experience in the ownership and management of a business, you may qualify for a Canadian immigration program. Business immigrants are people who have the means and capabilities of making an investment in Canada and whom are expected to support the development of a strong and prosperous Canadian economy. Canada traditionally has welcomed three classes of business immigrants that include investors, entrepreneurs and self-employed persons. However, based upon the specific needs of the Canadian economy and the availability of Government resources to administer such programs, certain classes of Business Immigrants may be altered or suspended without notice. For more information on the availability of business immigration categories, qualifications required, and the most recent selection criteria being implemented, please contact Eddie H. Kadri to arrange a comprehensive legal consultation.