Benefits of Starting a Business in Canada?

 Are you looking to expand your business internationally?

Investing in Canada is one of the easiest and the best place. If you're planning to start a business or looking to expand internationally? Here is what you need to know.

There is a multitude of opportunities in Canada, right from political stability to urban infrastructure. Fortune 500 companies plan to expand their businesses to Canada, which shows Canada is the best country to invest in.

Canada has the soundest banking system among the G7 countries and ranks sixth out of 141 countries.

Did you know Canada has the lowest tax rate on new business investments out of the G7 countries? as reported by the Finance Canada Calculations and OECD Tax Database, November 2019.

Whether you're an entrepreneur planning to set up your start-up or an existing business trying to expand by setting up an R&D centre, Canada is the right country for you. It offers tons of perks and also provides various opportunities to grow.

The Government of Canada has outlined numerous programs and initiatives, making it attractive for investors worldwide. Due to this, foreign investors are driven to set up their business in Canada.

One of the principal advantages is that local and foreign investors are treated the same and have the same rights. The Canadian government has come up with an SR&ED program to encourage research activities by providing billions in tax credits and incentives to businesses establishing in Canada.

Due to these reasons, Canada is an excellent R&D centre for businesses. It also has market access with every nation making it easier to trade. It is one of the safest countries and has the most competitive economy too. Setting up R&D centres in Vancouver, Toronto, and Calgary can be easy since they are the nexus of R&D activities. Therefore, if you're planning to set up a business, investing in Canada can prove to be beneficial at all angles.

A Toronto based Professional accounting firm, Maroof HS CPA Professional Corporation, explains the top ten reasons to move your business to Canada. How to get started with your business ideas in Canada and convert them to successful brands, professional business plan writing services for immigration to Canada can help.

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