How to Start Business In Canada As a Non-Canadian?
Starting a business in Canada as a non-Canadian can seem impossible. But some options can surely help you in fulfilling your dreams of making it big in this country. Irrespective of whether you are new to business or already have an established business in your native country which you want to expand overseas a few formalities and steps mentioned here will definitely help.
Registering Your Business in Canada According to Provincial Regulations
For a business organization intending to expand into Canada the first thing to do is to fulfill the registration procedures of each province. Each province in Canada has its own fees and registration procedures for non-Canadian businesses. So in case you want to start your business as a non-Canadian in the province of Ontario, you will have to first register your business in Ontario as extra-provincial incorporation.
For getting registered as extra-provincial incorporation you will have to take the help of an Agent for Service- a person who is 18+and a resident of the province where you want to register your corporation. He also must have a registered office in the same province. Contacting the provincial registry for fulfilling the required procedures is the next priority.
In the case, you want to start a business in multiple provinces then you will need to register your business in each province separately. These formalities are for a non-Canadian who already has an established business and want to expand the business in Canada.
For qualifying under the self-employed person program you should have relevant experience in athletics or cultural activities so that you can contribute significantly in either of these fields. Other factors that may be considered important under t his program include your age, education, language proficiency (English/French), and adaptability.
Can You Start Business in Canada By Staying in Your Country?
You can also start a business as a non-Canadian staying in your country. Again the rules differ for each province and you will have to register separately for each province. The priority will be to have a real physical address. Having just a post office box won’t be acceptable. You must also hold the correct work permit issued by the immigration department of Canada. The next step is to submit your Investment Canada application to the officials for review. Once you have fulfilled all these formalities, you can start a business in Canada.