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Awesome! Can a non Canadian passport holder set up a company there?
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51% of share holders must be Canadian citizen if I'm not mistaken
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I don't think enough Canadians even realize this advantage we have. I only went independent last year, and now I can't imagine going back.
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I'd add to that the USD to CAD is nice for incoming payments, less nice for expenses. Not sure how you're getting 9% tax rate for SMB, maybe it's a BC thing, in Quebec I have close to 15% tax for my company - unless I would have 3 f-t employees, in that case the % would be lower
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It's a 9% federal tax rate (I'm in Ontario, was in Québec), the provincial portion pushes it up to 15%. BC is a couple percentages lower.
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is not a country. -
I believe that the way taxation and privacy laws are implemented in the EU puts bootstrapped startups at a disadvantage.
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Hey, some of that EU red tape and bureaucracy is the finest privacy-protecting and consumer-focused legislation ever written. Some us actually like legal protections of our rights.
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I was going to say something similar. This is good legislature that protects the people. It shouldn't be perceived as a hurdle for starting a business.
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Wydaje się, że ładowanie zajmuje dużo czasu.
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building
has huge advantages (when compared to other countries):
- Public healthcare
- Free-trade agreements with
- None of the red tape and bureaucracy of the