Why do business in Canada?
Canada’s ties with the UK are well established and the country is politically stable. Canada’s business practices will be familiar to anyone used to trading in the UK, and the country has a strong record of growth. The market is competitive, but innovative products and services can be successful with Canadian consumers.
The UK Department for Business and Trade has identified aerospace, infrastructure and food & drink as sectors with opportunities in Canada.
What you need to do business in Canada
NX Accountants can tell you about registering your business with the Canadian government, and we can support your application for a business number and a tax account. We can also guide you through the options for business support and financing from national and regional sources in Canada.
Other support we can give to business owners starting up in Canada include help with applying for permits and licences, as well as advice on tax and available deductions.
Federal corporations and provincial corporations in Canada
Businesses in Canada can choose to incorporate at the federal (national) level or the provincial/territorial level. NX Accountants can help you decide which is best suited to your operation.
Do I need to speak French to do business in Canada?
If you plan to establish your Canadian branch in Quebec, you will need to speak fluent French, or to use a translator. In the rest of Canada, English is the official language.
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