0
votes
2answers
162 views

Will I REALLY save on taxes by incorporating offshore?

I'm about to launch a product and need to register a company (in order to handle payments for my product, and get a merchant account). I'll give specific information on my own situation below, but my ...
1
vote
2answers
73 views

are there tax benefit considerations when choosing a fiscal year end for a canadian corporation?

For a canadian corporation, is there any tax considerations for choosing a specific date for the fiscal year end? (for example, is it different to end the year in April vs December in terms of tax ...
2
votes
1answer
73 views

Is a professional accountant required in a federal or a provincial corporation in Canada?

Is a professional accountant required by law to do annual taxes/reports/filings for a federal or a provincial corporation in Canada? I am about to incorporate my company but don't have enough money to ...
5
votes
3answers
181 views

Does using Fulfilment by Amazon in a different country makes you liable to charge local sales tax in the country?

My business is in Canada. I sell goods online that I ship by mail. I would like to use a fulfilment center in the UK to lower the cost of shopping for my european sales. Do I become liable for local ...
4
votes
1answer
78 views

Authorizing family to purchase supplies for my sole-proprietorship

I've registered myself as a sole-proprietor business in Ontario, Canada. My common-law partner often helps me with organization and other tasks. I want her to be legally able to purchase supplies ...
1
vote
1answer
146 views

Tax issues for a Canadian being paid by a US company

I'm starting a job with a US based startup, and I'm trying to understand the tax situation that I am now in. What are the advantages between being a Sole Proprietor here in Canada vs incorporating? I ...
1
vote
0answers
126 views

Switching from a Canadian corporation to a Canadian sole-proprietorship

I currently run a Canadian Corporation, but I'm finding taxes (both accounting fees and bookkeeping) a real pain and expense. I would like to keep the corporation and basically find out how to file a ...
2
votes
1answer
526 views

Canadian company with US clients

Say I want to start a company based in Canada where I'm a resident and citizen. At first my company gets clients in Canada. But then I get clients in the USA (by going over there and meeting with ...
1
vote
5answers
476 views

US LLC wants to purchase services of Canadian DBA in a third country. How?

For the past two years I have a US based consulting LLC (in PA). The business is international and for the last year 90% out of the country. Actually I have a project in Chile and need the services of ...
5
votes
2answers
638 views

Form a company outside of the US?

This is definitely a different flavor of a common question. Here are the basic stats: Online only startup -- no physical presence. Everyone works from home. We have 8 people in 4 countries (5 in USA ...
1
vote
5answers
435 views

Umbrella Company

My dad also loved the business plan I had. He has his own company (which is not even close to what I am doing). He registered it as a sole proprietorship. He is an engineer so thats his company. He ...