Starting a business in Canada: registration, taxes, and support

Starting a business in Canada: registration, taxes, and support

Open a turnkey business in Canada
Canada is a reliable jurisdiction for international entrepreneurs, where business registration can be completed entirely online.
Foreign investors gain legal status, tax transparency, and access to the banking infrastructure of a G7 country.

Jurisprudential Consulting Group provides full turnkey support for business registration in Canada—from choosing a form to opening an account and setting up tax compliance.

1. Register a corporation remotely
2. Obtaining a Business Number (BN) and tax status
3. Opening a corporate account and accounting support

Consultation cost from 250 euros

Open a turnkey business in Canada — means receiving a fully operational legal structure: a registered corporation, tax identification number, bank account, and accounting system.
Canada provides foreign entrepreneurs with transparent regulations, asset protection, and easy access to US and European markets.

1. Why Canada is attractive for business

1. Membership G7 and OECD — guarantee of legal stability;
2. Online registration without visiting the country;
3. Possibility of 100% foreign ownership;
4. Tax agreements with the EU, Switzerland, UK, UAE;
5. Reputation as a clean jurisdiction (white-listed by OECD).

The Canadian structure is often used for IT, fintech, consulting, trading, and international investments.

2. Forms of business available to foreigners

The most versatile option is a Corporation , as it provides limited liability and is convenient for tax structuring.

3. Turnkey business registration procedure

1. Choice of jurisdiction - federal or provincial registration (Ontario, BC, Alberta).
2. Name check via NUANS Report.
3. Preparation of constituent documents (Articles of Incorporation, Bylaws).
4. Submitting an online application в Corporations Canada or provincial registry.
5. Obtaining a Certificate of Incorporation.
6. Registration with the Internal Revenue Service (CRA) and getting Business Number (BN).
7. GST/HST registration (if necessary).
8. Opening a corporate bank account.
9. Setting up accounting and reporting.

All stages are completed remotely, and the client receives a complete legal package.

4. Federal and provincial registration

1. Federal Corporation allows you to operate throughout Canada and use a single name in all provinces.
2. Provincial registration (eg British Columbia) is simpler and faster - ideal for small and medium businesses.

The British Columbia Corporation (BC Corp) is particularly popular among non-residents, as it does not require a resident director and allows 100% foreign ownership.

5. Business Taxation in Canada

We offer a solution at the level of international standards

1. Federal tax - 15%;
2. Provincial tax — from 2% to 12%;
3. Small Business Deduction — 9% on profits up to $500,000 CAD.

Canada has concluded over 90 double tax treaties, making it advantageous for international structuring and capital protection.

6. Opening a bank account and financial infrastructure

After registration the company receives:

1. Business Number (BN) and tax status;
2. corporate documents (Certificate, Articles, Register);
3. the opportunity to open a bank account (RBC, TD, BMO, Scotiabank) or in fintechEMI (Wise Business, Revolut, Payoneer).

Banks conduct remote KYC verification , including video identification and analysis of the origin of funds.

7. Reporting and compliance

Every registered company is obliged to:

1. to file Annual returns in Corporations Canada;
2. maintain accounting records and keep records for at least 6 years;
3. file an income tax return annually (T2 Return) In CRA;
4. follow AML/KYC when working with crypto and fintech operations.

Jurisprudential Consulting Group provides accounting support and monitoring of all reporting deadlines.

8. What's included in the Jurisprudential turnkey package?

1. Registration of a corporation (federal or provincial)
2. Obtaining a Business Number (BN)
3. GST/HST registration
4. Set of constituent documents
5. Connecting to the accounting system
6. Preparation of AML/KYC policies (if necessary)
7. Opening a corporate account
8. Tax registration and support for the first reporting period

The full process takes 10 to 15 business days . The client receives a ready-made structure that complies with Canadian and international law.

9. Why choose Jurisprudential Consulting Group

Jurisprudential Consulting Group — an international consulting agency in the field of law, taxes and finance.
We build business structures for clients from the EU, UK, Switzerland and the UAE in compliance with regulations CRA, FATF, BEPS and OECD.