Canadian Sole-Proprietorship Registration
Product Valid: Positive | Applicant Must Be Present: No
Unit Price: USD 500 / Company
TKEG Expat ™ (UK) Canadian Sole-Proprietorship Registration
About Canadian Sole-Proprietorship Registration
Canada Sole Proprietorship registration with TKEG Expat — this bundle registers your Canadian sole proprietorship at the provincial level and includes one year of Canadian registered address. The sole proprietorship is the simplest business structure in Canada: the owner is personally liable, files business income on their personal tax return, and pays tax at personal rates. Canadian law requires a Canadian business address (our service covers it) so non-resident founders can register without one of their own. TKEG Expat guides foreign entrepreneurs who want a lightweight Canadian presence without forming a federal or provincial corporation.
Service Included
[ml][ol][li indent=0 align=left]Registration of Sole-Proprietorship in Canada;[/li][li indent=0 align=left]One-year of registered address service.[/li][/ol][/ml]
Number of services already included in this product: 0.00
Memo
The product already includes one year of registered address, so there is no need to select "address hosting service" in the "product bundle" to avoid duplicate charges.
Product Requirement
Canadian Sole-Proprietorship Registration's Requirements
TKEG Expat ™ (UK) aims to provide the most straightforward and professional service to our clients. Please use this "Product Requirement Table" to determine if you meet the basic requirement of this product, and if you need services that are not included in this product.
Need to have a Canadian address
Individual business registration in Canada requires a Canadian address. If you do not have a Canadian address, you can choose Yi Zi Huan Qiu's address hanging service. This product already includes one year of address hanging service.
Has Solutions?: Yes
Number of services already included in this product: 1.00
Product Requirement
We Need These To Help You With Canadian Sole-Proprietorship Registration
TKEG Expat ™ (UK) aims to provide the most straightforward and professional service to our clients. Please use this "Product Requirement Table" to determine if you meet the basic requirement of this product, and if you need services that are not included in this product.
Natural Person Shareholders & Directors's Required Documents
Passport
Passport front page scans of shareholders and directors;
Document Process:
Not Applicable
Document Format:
Scan Copy
Proof of Address
Shareholder and director address proof: Water, electricity, and gas bills or bank statements scans. Needs to be translated into English. The document should clearly indicate the shareholder's/director's name, address, and a date within one month.
Document Process:
Not Applicable
Document Format:
Scan Copy
Legal Entity Shareholders's Required Documents
Proof Of Registration / Business License
English translation of the business license of the holding company + English notarization;
Document Process:
Notarization
Document Format:
Scan Copy
Company Bylaw
The English translation of the company's articles of association and notarization in the holding company.
Document Process:
Notarization
Document Format:
Scan Copy
Passport
The legal representative of the holding company and shareholders holding more than 25% of the shares need to provide a notarized English translation of their passport.
Document Process:
Notarization
Document Format:
Scan Copy
Proof of Address
The address proof of the legal person holding shares and the shareholders holding more than 25% of the company's shares: scanned copies of water, electricity, and utility bills or bank statements. They need to be translated into English, and the documents should clearly indicate the name of the legal person, address, and date, and should not be older than 1 month.
Document Process:
Not Applicable
Document Format:
Scan Copy
Frequently Asked Questions
About Canada
Canada has a developed economy, stable politics, obvious investment advantages, and much lower operational costs compared to other developed countries. When registering a company in British Columbia, Canada, the applicant does not need to land. Most other jurisdictions in Canada require directors of the company to be Canadian citizens or permanent residents, but British Columbia allows foreign individuals to be the sole directors and shareholders of the company. Due to Canada's good corporate tax policies, well-developed banking credit capital markets and suitability for the operation and development of small and medium-sized enterprises, it is suitable for registering a company or for applicants with a parent company in the domestic market hoping to expand their business in Canada.
Investment Market
With Canada signing significant free trade agreements with Europe and India, as well as the development of emerging markets, the Canadian stock market plays an important role in the global financial markets.
Mining Industry
Canada has the world's largest mineral resources, including nickel, zinc, and uranium. The leading gold producers in the world are listed in Canada, and their leading positions in the gold, mining, and metal industries enable them to access the global capital market. There is no political risk in mineral investment in Canada because Canadian listed companies must adhere to Canadian investment regulations.
Banking System
Rating agency Moody's Investor Service has stated that Canada's banking system is globally leading in financial strength and security. The World Economic Forum has consecutively rated Canada's banking system as the soundest in the world for five years. Canadian banks and insurance companies did not go bankrupt or require assistance during the global financial crisis. Banks operate in an oligopoly, yielding high profits, and the government would protect them in the event of an economic downturn. Canadian banks are among the most strictly regulated banks globally.
Oil and Natural Gas
Alberta's oil sands hold the equivalent of the entire Middle East's oil reserves, and it is economically feasible to refine this oil at today's prices and with modern technology. Compared to other oil-producing countries, Canada is politically stable, making the Canadian oil industry strategically profitable.
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