Prashant Ajmera gave a presentation on doing business in Canada. He discussed the four main ways to do business - opening a branch office, starting a new company, acquiring an existing business, or forming a joint venture. He then described the legal structures available, including sole proprietorships, partnerships and companies. Ajmera also covered taxation in Canada, available tax incentives, and immigration programs for investors, entrepreneurs and startups seeking to do business in or move to Canada.
India has biggest and definitive platform for doing business in India. If you think starting up business in IT, Setting up IT/Software Company and many more.
Online Company Registration in India
The private limited company registration is done online within 14 working days.
Our Company Registration package includes the following:
DSC for one director and DIN for up to three directors
Drafting of MoA & AoA
Registration fees and stamp duty
Company Incorporation Certificate
Minimum Requirements for Private Limited Company Registration
TWO DIRECTORS
MINIMUM CAPITAL CONTRIBUTION
REGISTERED OFFICE
We provide all legal services for more Detail Contact with us
To understand the registration procedure for incorporating a company in Dubai Freezone, its advantages and limitations. The webinar shall also dwell upon different types of freezones in Dubai, estimated time and cost of incorporation.
India has biggest and definitive platform for doing business in India. If you think starting up business in IT, Setting up IT/Software Company and many more.
Online Company Registration in India
The private limited company registration is done online within 14 working days.
Our Company Registration package includes the following:
DSC for one director and DIN for up to three directors
Drafting of MoA & AoA
Registration fees and stamp duty
Company Incorporation Certificate
Minimum Requirements for Private Limited Company Registration
TWO DIRECTORS
MINIMUM CAPITAL CONTRIBUTION
REGISTERED OFFICE
We provide all legal services for more Detail Contact with us
To understand the registration procedure for incorporating a company in Dubai Freezone, its advantages and limitations. The webinar shall also dwell upon different types of freezones in Dubai, estimated time and cost of incorporation.
We are a reputed Chartered Accountancy Firm established throughout Karnataka. We have 5 branches and involved in all services from Indian compliance's to International one's
We are one of the renowned Chartered Accountants in India offering Auditing, Taxation and Other Accounting Services. Our services are widely acclaimed by our clients for perfection, accuracy, and timely completion attributes.
Objective and Agenda:
To understand the procedure of registration under GST in Singapore. The webinar shall dwell upon other aspects like threshold limit for GST registration, due dates for filing return, benefits and limitation of GST etc. Further it would provide insights on penalty for non compliance, audit requirements and GST schemes introduced to help businesses.
Entrepreneur’s Handbook: Singapore Company RegistrationRikvin Pte Ltd
Singapore offers Entrepreneurs world-class infrastructure, well developed capital markets, highly educated work force, rich cultural traditions, stable political institutions, and an attractive tax regime.
In this comprehensive Singapore Entrepreneur formation handbook, you will find all the information you need to incorporate a Singapore company and how Rikvin can help your business take off to greater heights.
OBJECTIVE
Indonesia is a lower middle income country. Indonesia’s large domestic market offers a wide range of investment opportunities for foreign and domestic investors. In this webinar, we will be having insights about doing business in Indonesia.
"Я идеальный кандидат" от Академии рекрутингаIlgiz Valinurov
Книга Ильгиза Валинурова о технологиях построения карьеры и поиска работы.
Хедхантер с 18-летним опытом в профессии делится лучшим опытом и практиками выхода на нужных работодателей, подготовки резюме и прохождения собеседований.
Start Up Going Global - How to take your start Up Global - Take your start Up to Canada - Take your start Up to Canada - Canada Start Up Visa Program - Start Up program of Australia, The Netherlands, Ireland, Brazil, 100 Open Start Up...
Baromètre Primaire de la Gauche (janvier 2017)Kantar
Points-clés :
• Manuel Valls est en tête des intentions de vote au premier tour (36%), devant Arnaud Montebourg et Benoît Hamon au coude-à-coude (respectivement 23% et 21%).
• Au second tour, l’issue est incertaine : Arnaud Montebourg recueille 53% des intentions de suffrages contre 47% pour Manuel Valls. Opposé à Benoît Hamon, Manuel Valls est à stricte égalité avec son ex-ministre (50% contre 50%).
• Cette situation paradoxale est confirmée par notre indicateur de potentiel électoral, qui place ces trois candidats pratiquement au même niveau : 54% des votants potentiels envisagent de se prononcer en faveur d’Arnaud Montebourg, 53% pour Benoît Hamon et 51% pour Manuel Valls.
• Notre indicateur de participation s’établit à 2,6 millions d’électeurs, un chiffre équivalent à celui des votants à la primaire de la gauche en 2011, mais nettement inférieur à la participation au premier tour de la Primaire de la Droite et du Centre (4,3 millions).
http://fr.kantar.com/elections/presidentielle/2017/primaire-a-gauche-avantage-pour-manuel-valls/
This presentation talks about the various aspects of Dishonour of cheque under Negotiable Instrumenmts Act 1881.
The presentation has been prepared as a project work and from basic research and understanding of law.
It must not be taken as any guidance, advise or any advertising on any part.
We are a reputed Chartered Accountancy Firm established throughout Karnataka. We have 5 branches and involved in all services from Indian compliance's to International one's
We are one of the renowned Chartered Accountants in India offering Auditing, Taxation and Other Accounting Services. Our services are widely acclaimed by our clients for perfection, accuracy, and timely completion attributes.
Objective and Agenda:
To understand the procedure of registration under GST in Singapore. The webinar shall dwell upon other aspects like threshold limit for GST registration, due dates for filing return, benefits and limitation of GST etc. Further it would provide insights on penalty for non compliance, audit requirements and GST schemes introduced to help businesses.
Entrepreneur’s Handbook: Singapore Company RegistrationRikvin Pte Ltd
Singapore offers Entrepreneurs world-class infrastructure, well developed capital markets, highly educated work force, rich cultural traditions, stable political institutions, and an attractive tax regime.
In this comprehensive Singapore Entrepreneur formation handbook, you will find all the information you need to incorporate a Singapore company and how Rikvin can help your business take off to greater heights.
OBJECTIVE
Indonesia is a lower middle income country. Indonesia’s large domestic market offers a wide range of investment opportunities for foreign and domestic investors. In this webinar, we will be having insights about doing business in Indonesia.
"Я идеальный кандидат" от Академии рекрутингаIlgiz Valinurov
Книга Ильгиза Валинурова о технологиях построения карьеры и поиска работы.
Хедхантер с 18-летним опытом в профессии делится лучшим опытом и практиками выхода на нужных работодателей, подготовки резюме и прохождения собеседований.
Start Up Going Global - How to take your start Up Global - Take your start Up to Canada - Take your start Up to Canada - Canada Start Up Visa Program - Start Up program of Australia, The Netherlands, Ireland, Brazil, 100 Open Start Up...
Baromètre Primaire de la Gauche (janvier 2017)Kantar
Points-clés :
• Manuel Valls est en tête des intentions de vote au premier tour (36%), devant Arnaud Montebourg et Benoît Hamon au coude-à-coude (respectivement 23% et 21%).
• Au second tour, l’issue est incertaine : Arnaud Montebourg recueille 53% des intentions de suffrages contre 47% pour Manuel Valls. Opposé à Benoît Hamon, Manuel Valls est à stricte égalité avec son ex-ministre (50% contre 50%).
• Cette situation paradoxale est confirmée par notre indicateur de potentiel électoral, qui place ces trois candidats pratiquement au même niveau : 54% des votants potentiels envisagent de se prononcer en faveur d’Arnaud Montebourg, 53% pour Benoît Hamon et 51% pour Manuel Valls.
• Notre indicateur de participation s’établit à 2,6 millions d’électeurs, un chiffre équivalent à celui des votants à la primaire de la gauche en 2011, mais nettement inférieur à la participation au premier tour de la Primaire de la Droite et du Centre (4,3 millions).
http://fr.kantar.com/elections/presidentielle/2017/primaire-a-gauche-avantage-pour-manuel-valls/
This presentation talks about the various aspects of Dishonour of cheque under Negotiable Instrumenmts Act 1881.
The presentation has been prepared as a project work and from basic research and understanding of law.
It must not be taken as any guidance, advise or any advertising on any part.
OBJECTIVE
Canada is an open country when it comes to those who want to set up businesses irrespective of nationalities. Foreign investors who want to open Canadian companies as non-residents have several options. They can set up companies and manage them from abroad or by moving to Canada. In this webinar, we shall focus on foreign companies and corporations intending to do business in Canada.
Demystifying SRED and Other Tax Tips for Entrepreneurs - MaRS Best PracticesMaRS Discovery District
It’s tax time again, but MaRS Best Practices series has great news for startups and entrepreneurs! There is a wide range of business incentives available to offset various expenses incurred by entrepreneurial companies, from startups to established companies exporting products or services.
In this session, Welch’s Business Incentives leader, Terry Lavineway, will describe the process that entrepreneurs should employ when identifying and leveraging these incentives and an approach that can maximize access to this source of capital. He will provide detailed information on some of the more significant incentives available, including scientific research and experimental development (SRED) and digital media refundable credits.
Additionally, Bryan Haralovich, Welch’s Technology Service Sector leader, will provide an overview of the income tax compliance requirements imposed on entrepreneurs. This includes what must be filed, the timing of filings and the information required to complete the filings. He will address tax tips such as corporate structure, shareholder planning, international tax considerations and exit planning.
The presentation was developed to drive business and public\'s awareness to maximize the ongoing hiring tax credits and the stimulus $$ hiring tax credits, from both federal and state level.
Presentation aims to drive the job creations and boost the local economic growth through maximizing government resources and programs.
Vertical Eye Financial Solutions is a Partnership firm which is into Taxation, Consultancy and Financial Management services catering to a wide variety of clients throughout India since 2008.
We provide best services Like Tax Consultant, Insurance and Investment Consultant and Property Related Services Provider in Vadodara.
Doing Business in Canada - What you Need to KnowWelch LLP
Are you based in another country and thinking about expanding your business into Canada? Looking to understand the legal & tax related issues? On Tuesday, February 25th, 2014, highly experienced professionals Mona Tessier, Don Scott, & Jamie Hollingworth provided 60 minutes of detailed advice for how to conduct business in Canada.
To view this Welch LLP webinar (and others), click here: http://www.welchllp.com/resource-centre/videos/webinars/
VAT is on the way of implementation in UAE from 1st of Jan 2018. It is critical for the companies to understand the nuances of the same and work on a roadmap to implement VAT so as to optimize the impact not only on profitability, working capital, pricing but also ERP, team sensitization and vendor education.
VAT is applied in more than 160 countries around the world as a reliable source of revenue for state budgets.
VAT is imposed at each stage of the supply chain from the production and distribution to the final sale of the good or service. The understanding concepts of “Supply”, “Place of Supply” and “Time of Supply” become critically important for effective implementation of UAE VAT.
Here is a simple graphical guide for understanding the UAE VAT.
This Slideshare presentation provides a comprehensive overview of the US business visa application process. It covers everything you need to know, from eligibility requirements and supporting documentation to interview tips and common mistakes to avoid.
Are you an Indian student with dreams of pursuing higher education abroad? Look no further! Our International Career Counseling services are tailored to guide you through your journey to a world-class education.
If you're ready to embark on your international education dream and unlock a world of opportunities, look no further than Indian immigration law firm Ajmera Law Group. Our International Career Counseling services are your trusted companions on this incredible journey. Get in touch with us today, and let's make your dreams come true!
Don't miss out on the chance to redefine your future through international education. Your path to excellence starts here!
Organ Transplant Act 1994 and Rules 2014 provisions in India. The misinterpretation of several provisions of law including the requirement for a domicile certificate adds to the suffering of the patient and his/her family. On the other hand, provisions are not made for several situations in the Act.
US EB-5 investor visa is the most preferred way to invest in the USA and receive a USA green card. One of the most secure ways to invest for EB-5 is to invest in a real estate-based diversified fund and reduce risk of loosing your capital.
Setting up your business in UAE - RAKEZ is a most economical Free trade zone which allows foreign companies to set up companies with 100% ownership. You do not need a local partner to operate a business in UAE. You can have a virtual office, co-working office, private office, Manufacturing unit, trade office, etc.
How to plan for your child's foreign education in 2022 | This presentation provides 5 different points to Indian parents who wish to settle broad and/or send their children for foreign education. Indian family's spending habit is changed but now wish to start investing out of India.
How Residency and Citizenship evolved in the last 30 years | Four categories Residency to Citizenship, Direct Citizenship, second passport and Start-Up visa
Presentation on the USA student visa | F1 visa process to H1 visa and green card | Time is taken to get a green card in different programs and allocation of quota for green card | L1 visa fro Intra company transfer | Business immigration to USA EB-5 investor visa, EB1 (c), E2 programs | Canada immigration system and all major programs for a skilled worker, students and professionals and business immigration of Canada under PNP program.
How and why Indian HNI should consider investing globally? Child's foreign education, business expansion, and quality of life are major reasons for investing globally
Dos and Don’ts for Entering the Indian Investment Migration Market | India is a large but different market and it needs a different approach to develop and the key is investor awareness
M.G. Science Alumni Association MAA presentation | Bachelor of science students have great opportunities in several fields such as science, management, law etc.
Financial planning for a child's foreign education is one of the most important aspects of parents life | This requires serious consideration and long term planning
The US and Canada business immigration and visa presentation | EB-5 visa, L1 Visa, EB1 (C) visa, and E2 visa - Canada PNP business immigration and investor visa
There are several reasons which Indian HNI and UHNI should consider investing out of India and diversify their portfolio. In what asset class one can invest out of India.
This PPT explains Indian HNIs are remitting their money out of India but are not diversifying their portfolio which can financially ruin them in the long run.
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ALL EYES ON RAFAH BUT WHY Explain more.pdf46adnanshahzad
All eyes on Rafah: But why?. The Rafah border crossing, a crucial point between Egypt and the Gaza Strip, often finds itself at the center of global attention. As we explore the significance of Rafah, we’ll uncover why all eyes are on Rafah and the complexities surrounding this pivotal region.
INTRODUCTION
What makes Rafah so significant that it captures global attention? The phrase ‘All eyes are on Rafah’ resonates not just with those in the region but with people worldwide who recognize its strategic, humanitarian, and political importance. In this guide, we will delve into the factors that make Rafah a focal point for international interest, examining its historical context, humanitarian challenges, and political dimensions.
Military Commissions details LtCol Thomas Jasper as Detailed Defense CounselThomas (Tom) Jasper
Military Commissions Trial Judiciary, Guantanamo Bay, Cuba. Notice of the Chief Defense Counsel's detailing of LtCol Thomas F. Jasper, Jr. USMC, as Detailed Defense Counsel for Abd Al Hadi Al-Iraqi on 6 August 2014 in the case of United States v. Hadi al Iraqi (10026)
Responsibilities of the office bearers while registering multi-state cooperat...Finlaw Consultancy Pvt Ltd
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The process of register multi-state cooperative society in India is governed by the Multi-State Co-operative Societies Act, 2002. This process requires the office bearers to undertake several crucial responsibilities to ensure compliance with legal and regulatory frameworks. The key office bearers typically include the President, Secretary, and Treasurer, along with other elected members of the managing committee. Their responsibilities encompass administrative, legal, and financial duties essential for the successful registration and operation of the society.
A "File Trademark" is a legal term referring to the registration of a unique symbol, logo, or name used to identify and distinguish products or services. This process provides legal protection, granting exclusive rights to the trademark owner, and helps prevent unauthorized use by competitors.
Visit Now: https://www.tumblr.com/trademark-quick/751620857551634432/ensure-legal-protection-file-your-trademark-with?source=share
NATURE, ORIGIN AND DEVELOPMENT OF INTERNATIONAL LAW.pptxanvithaav
These slides helps the student of international law to understand what is the nature of international law? and how international law was originated and developed?.
The slides was well structured along with the highlighted points for better understanding .
How to Obtain Permanent Residency in the NetherlandsBridgeWest.eu
You can rely on our assistance if you are ready to apply for permanent residency. Find out more at: https://immigration-netherlands.com/obtain-a-permanent-residence-permit-in-the-netherlands/.
Car Accident Injury Do I Have a Case....Knowyourright
Every year, thousands of Minnesotans are injured in car accidents. These injuries can be severe – even life-changing. Under Minnesota law, you can pursue compensation through a personal injury lawsuit.
1. Presentation by:
Prashant Ajmera,
B.Sc. LL.B. (India) ICSA (UK),
Canadian Citizen and NRI since 1988
Indian Law Office of Prashant Ajmera &
Associates
(Ajmera Corporate Services Pvt. Ltd.)
Date: 16th May 2015
Venue: AMA, Ahmedabad
Doing Business in Canada
2. Introduction
Law Office of Prashant Ajmera &
Associates
• Prashant Ajmera, B.SC. LL.B. (India) ICSA( UK)
– Institute of Chartered Secretary and Administration
– Bachelor of Law, Gujarat University
– Bachelor of Science, Gujarat University
– 22 yrs Experience in corporate law & international
trade
– Member of Gujarat & International Bar Association
– NRI and Canadian citizen since 1988
2
6. Doing business in Canada…
Today’s Presentation
• 4 ways to do business in Canada
• Three legal forms
• Taxation in Canada
• Tax incentives
• Investor program
• Entrepreneur program
• Start Up program for Innovation…
www.AjmeraLaw.comAjmera Corporate Services Pvt. Ltd.
7. Doing business in Canada…
4 ways of doing business in Canada:
•Open a Branch office – Marketing / Sales office
• Start a New company or business in Canada
•Take over an existing business in Canada
•Joint Venture with Canadian company
www.AjmeraLaw.comAjmera Corporate Services Pvt. Ltd.
8. Doing business in Canada...
1. Open a Branch Office in Canada:
• Incorporate an Indian company as a Canadian
company;
• Buy/rent office premises or a virtual office to receive
communication;
• Open a bank account in Canada
• Obtain necessary business operation licenses in
Canada;
• Hire local staff to run and manage business operation
• Tax benefit as expenses of foreign operation can be
claimed in Indian tax return;
• No transfer of employees from India to Canada;
www.AjmeraLaw.comAjmera Corporate Services Pvt. Ltd.
9. 2. Open/incorporate a NEW company or start a NEW business
in Canada: (1/3) - Purchase or Acquire an EXISTING
business - (WOS 100% or JV - % ): (1/3)
• Incorporate a company
• Buy/Rent office premises;
• Open a bank account in Canada;
• Obtain necessary business operation licenses
• No tax benefit in India as expenses of foreign
operation cannot be claimed in Indian tax return
• May hire local staff or get key people from India
Doing business in Canada...
www.AjmeraLaw.comAjmera Corporate Services Pvt. Ltd.
10. 2. Open/incorporate a NEW company or start a new business:
(2/3) Purchase or Acquire an EXISTING business -
(WOS or JV): (2/3)
Transfer of employees from India to Canada
Managerial level or Technical persons.
• There should be a relationship between the Indian company and
the Canada company such as holding company, subsidiary
company, associate company, etc.
• Must have a detailed business plan with 3 years of projection in
Canada.
• Business in Canada should be same or related to the Indian
business in most cases;
• Must be beneficial to the economy of Canada and job creation.
Doing business in Canada...
www.AjmeraLaw.comAjmera Corporate Services Pvt. Ltd.
11. 2. Open/incorporate a NEW company or start a new business:
(WOS) (3/3) Purchase or Acquire an EXISTING business –
(WOS or JV) : (3/3)
• For Transfer of employees from India to Canada –
Managerial level or Technical persons.
• Must be working with the Indian company for at least
12 months in last 3 years.
• Must be at the Managerial level OR have specialized
technical knowledge.
• Transfer can be on a temporary work permit basis
and may convert to permanent residence at a later
stage.
Doing business in Canada...
www.AjmeraLaw.comAjmera Corporate Services Pvt. Ltd.
12. Doing business in Canada...
Three types of business entity:-
•Sole proprietor
•Partnership
•Company
www.AjmeraLaw.comAjmera Corporate Services Pvt. Ltd.
13. Doing business in Canada...
Incorporation of company …..in Canada
• Federal or provincial
• Federal corporation can do business operation in any
province
• Provincial corporation needs separate registration
• Incorporation takes 1-2 weeks time
• Premium process in three days
• Numbered company or named company
• Registered office and agent to receive communication
• One director and one share holder
• 25 % Canadian holding must for Federal corporation
www.AjmeraLaw.comAjmera Corporate Services Pvt. Ltd.
14. Doing business in Canada...
Necessary IDs & Permits:
•Federal Tax Id
•Provincial Tax id
•GST & PST
•Employer ID
•Import Export ID
•Building permits
•Specific business permits
www.AjmeraLaw.comAjmera Corporate Services Pvt. Ltd.
15. Doing business in Canada...
Corporate Tax rate in Canada for 2014
Small
Business
Manufacturing General Biz.
income
Federal 11 15 15
Combine F & P
Newfoundland 15 20 29
PEI 15.5 31 31
Nova Scotia 14 31 31
New Brunswick 15.5 27 27
Quebec 19 26.9 26.9
Ontario 15.5 25 26.5
Manitoba 11 27 27
Saskatchewan 13 25 27
Alberta 14 25 25
BC 13.5 26 26
NWT 15 26.5 26.5
Nunavut 15 27 27
Yukon 13 17.5 30
www.AjmeraLaw.comAjmera Corporate Services Pvt. Ltd.
16. Doing business in Canada...
• Personal Tax Rates in Canada
• Federal tax rates for 2014
• 15% on the first $43,953 of taxable income, +
• 22% on the next $43,954 of taxable income (on the
portion of taxable income over $43,953 up to $87,907), +
• 26% on the next $48,363 of taxable income (on the
portion of taxable income over $87,907 up to
$136,270), +
• 29% of taxable income over $136,270.
• .
www.AjmeraLaw.comAjmera Corporate Services Pvt. Ltd.
17. Doing business in Canada...
• Ontario - 5.05% on the first $39,723 of taxable income, +
9.15% on the next $39,725, +
11.16% on the next $429,552, +
13.16 % on the amount over $509,000
• Manitoba -10.8% on the first $31,000 of taxable income, +
12.75% on the next $36,000, +
17.4% on the amount over $67,000
• Saskatchewan -11% on the first $42,906 of taxable income, +
13% on the next $79,683, +
15% on the amount over $122,589
• Alberta -10% of taxable income
• British Columbia - 5.06% on the first $37,568 of taxable income, +
7.7% on the next $37,570, +
10.5% on the next $11,130, +
12.29% on the next $18,486, +
14.7% on the amount over $104,754
www.AjmeraLaw.comAjmera Corporate Services Pvt. Ltd.
18. Doing business in Canada...
Tax incentives:-
• Bigger the investment – Bigger Tax saving
• Such as:-
• R& D – IT, Pharma, Bio Tech etc…
• Tax Holiday for Foreign Researchers and Specialists
• Tax Credit for - Acquisition of Manufacturing & Processing Equipment
• Tax Credit for Job Creation
• Tax Credit to Promote Workforce Skills and Development
• Tax Credit for Market Diversification for Manufacturing Companies
• Investment Tax Credit (Federal)
• Development of E-Business
• Cultural Industry Tax Credits
• Tax Credit for Multimedia Titles
www.AjmeraLaw.comAjmera Corporate Services Pvt. Ltd.
19. Doing business in Canada...
Tax incentives:-
• Creation of New Financial Services Corporations;
• Technological Adaptation Services
• Large investment in Canada
• On-the-Job Training
• Temporary Tax Credit to Foster the Modernization of the
Accommodation Offering
www.AjmeraLaw.comAjmera Corporate Services Pvt. Ltd.
20. Doing business in Canada...Minimum wage
Province Date Amount
Alberta 01-Sep-12 $9.75
British Columbia 01-May-12 $10.25
Manitoba 01-Oct-12 $10.25
New Brunswick 01-Apr-12 $10.00
Newfoundland and Labrador 01-Jul-10 $10.25
Northwest Territories 01-Apr-11 $10.00
Nova Scotia (see note 2) 01-Apr-14 $10.40
Nunavut 01-Jan-11 $11.00
Ontario 31-Mar-10 $11.00
Prince Edward Island 01-Apr-12 $10.00
Quebec 01-May-13 $10.35
Saskatchewan 01-Dec-12 $10.00
Yukon 01-Apr-13 $10.72
www.AjmeraLaw.comAjmera Corporate Services Pvt. Ltd.
21. Doing business in Canada...
Business Investment for a businessman who
wish to settle with family in Canada:
• Investor–No need to start any business –
(Investment in GOVERNMENT SECURITIES)
• Entrepreneur– Start or Purchase or Partner
• Start UP–NEW IDEA & NEW Technology
www.AjmeraLaw.comAjmera Corporate Services Pvt. Ltd.
22. Doing business in Canada...
Investor program: ( Opening on 31st Aug. 2015)
• Most trusted and popular program since 1986.
• Must have assets of 1.6 million CD$ = Rs. 8.8 crores.
• Must have 2 years of experience of running and
managing business, profession or Sr. executive;
• Must invest CD$ 800,000 in a government bond for 5
years at no interest.
• 100% Loan available with interest of CD$ 220,000
• Quota of 1750 files for this year –
• No need to set up any business in Canada;
• Can settle in anywhere in Canada – Fee education &
medical
www.AjmeraLaw.comAjmera Corporate Services Pvt. Ltd.
23. Doing business in Canada...
Entrepreneur–Start or Purchase or Partner
• 10 provinces and 2 Territories = 12 programs+ Fed.
• Assets of 300,000 CD$ to 600,000 CD$
• 2 years and more business experience in India
• 25% and above ownership of business in India in some
province Executive can start
• Investment in Canada 100,000 to 400,000 CD$
• Security bond of 75,000 – 150,000 CD$
• Job creation 1-4
• Related to business in home country
• Exploratory trip & Business plan
www.AjmeraLaw.comAjmera Corporate Services Pvt. Ltd.
24. Doing business in Canada...
Start UP–NEW IDEA & NEW Technology
• Must be a new business idea or new technology
• 2750 applications per year – April 2013
• 5 person per business proposal
• Out Side Quebec
• Language requirement - IELTS 5 band
• 1 Year Post secondary education - country of study -
Completion is not necessary - good standing –
• Online course and distance education is ok.
• Minimum fund to establish in Canada;
www.AjmeraLaw.comAjmera Corporate Services Pvt. Ltd.
25. Doing business in Canada...
Start Up–NEW IDEA & NEW Technology
• From Business Incubators- acceptance or
• From Angel Investor - 75,000 or
• From VC - 200,000 CD$
• Commitment certificate to be issued with Term sheet – identify 5 people
essential for new venture
• Letter of Support - Commitment Certificate
• Immigration to Canada with family for all founders
New business in Canada
• Applicant must have 10% and more
• Other individual or company - can not hold more then 50% except
participating entity
• Pear Review - Syndication - Substituted Evaluation
•
www.AjmeraLaw.comAjmera Corporate Services Pvt. Ltd.
26. Doing business in Canada...
Sectors most likely to looked favorably for
Start Up visa:
• Information Technology
• Pharmaceutical
• Bio-Technology
• Telecommunication
www.AjmeraLaw.comAjmera Corporate Services Pvt. Ltd.
27. Doing business in Canada...
How to Establish:
• Starting is challenge
• Start with market research
• Visit Canada for just exploration
• People, cultures and consumer behavior
• Invest in local office
www.AjmeraLaw.comAjmera Corporate Services Pvt. Ltd.
28. Doing business in Canada...
Some tips to do business in Canada:
• How to greet people in Canada
• Business meetings in Canada
• Official correspondence in Canada
• Dealing with government departments
• Introducing yourself
• Jokes and funny talks are part of discussion
www.AjmeraLaw.comAjmera Corporate Services Pvt. Ltd.
29. Doing business in Canada...
More tips……….:
• Canadian are sometime very straight in saying NO…..
• Canadian never jumped in to agreement in first meeting
• Canadian decides on basis of research & data
• Inviting people to home is not common
• Liquor & Non-Veg food are common in business
reception but not in lunch
• Attending calls during meetings is NOT common
www.AjmeraLaw.comAjmera Corporate Services Pvt. Ltd.
Our experience in foreign education has motivated us to meet our social responsibility by providing ethical and unbiased information to parents and students which empowers them to envision their life abroad. We conduct seminars and provide counselling services to students and parents in schools and colleges, thereby allowing students to pave their path to success internationally by making informed decisions.
Our experience in foreign education has motivated us to meet our social responsibility by providing ethical and unbiased information to parents and students which empowers them to envision their life abroad. We conduct seminars and provide counselling services to students and parents in schools and colleges, thereby allowing students to pave their path to success internationally by making informed decisions.