Russian emigrants in Canada. Living in Canada: immigration, money matters, residence. Russians in Canada: peculiarities of life

Developed European and North American countries are characterized by high tax and social charges that keep small business income to a minimum. Against this background, Canada stands out, which boasts both a high standard of living of citizens and moderate taxes (especially against the background of the United States). Business in Canada is easy to register and simple to conduct. And he is able to become the main source of income when it comes to immigration to this country.

It's always scary to start your life from scratch, but Canada is a country of emigrants, and all conditions have been created here for non-residents to feel comfortable and quickly settle in new conditions.

There are several ways to open a business in Canada, and this is facilitated by the almost complete absence of an excessive apparatus of officials.

We have prepared an informative article for you. But before you start reading it, we recommend watching the video -What you need to knowabout business in Canada from an ordinary citizen of the country.

Why is it profitable to open a business in Canada?

Canada is a well-established state characterized by stability in the political and economic spheres. The crime rate in this country is several times lower than in the USA or Russia, and business immigration to Canada only increases every year. And this is far from complete list reasons to start a business in Canada.

Business benefits

There are other benefits as well:

• Special conditions for non-citizens of the country to open their own business or purchase a ready-made one.
• A stable economic situation reduces the risks of a new business venture.
• The cheapest electricity tariffs in the world.
• Low income tax (compared to the US and Europe).
• Legal opportunity to reduce income tax.
• A businessman gets the opportunity to apply for a residence permit (and later citizenship) according to a simplified procedure, and after a few years.

It is fairly believed that small business in Canada is completely synonymous, since the state legislation is structured in such a way as to remove all obstacles for a beginner entrepreneur.

Features of Canadian business.

There are several features at once that distinguish given view entrepreneurial activity from other developed countries. These include:

• There is no share capital (you can set up a share capital of 1 Canadian dollar).
• There is no statute of limitations for enterprises, once you register, you can conduct business for at least 100 years.
• We'll have to hold annually state audit... Also, the financial year does not have to close on December 31st. If necessary, this period can be extended by three months.

Business registration in Canada in 8 steps

It is very, very easy to open a business in Canada. Just a few weeks, consultations with local specialists, and you can consider yourself a local entrepreneur. The only limitation can be considered a sufficiently large amount required for start-up capital (at least 20 thousand US dollars).

A special test (National Business Test) was issued by the Government of Canada. Having passed it, not a citizen of the country can quite accurately assess the prospects of his future business.

STEP ONE Obligatory marketing research of the efficiency of the future enterprise. If you are registering a new company, then you must definitely pass all the necessary tests and research from local professionals in this field. Thus, the Canadian authorities do not allow the registration of dummy offices and do not allow the initially stillborn projects to appear. In order to carry out all the necessary research, you will have to contact the appropriate company.

STEP TWOProfessional business plan... After the future business has shown its effectiveness, it is necessary to draw up the most detailed business plan, which will detail all stages of the company's development for a period of 2 years. You can draw up a plan yourself, or you can hire Canadian economists.

STEP THREE Select the desired legal form and the type of property. Complex issue. In most cases, people from Russia and other CIS countries organize a small business, so it is more than enough to choose private entrepreneurship within the same province. Taxation of small businesses in Canada is very humane, and allows you to bring in quite a decent income.

STEP FOUR Determination of start-up capital. Do not forget that Canada is a rich country with a corresponding price level. In order to start a successful business, you need to have from 20 to 50 thousand dollars. And if your funds are not enough, then you can take a loan from the bank.

STEP FIVEDrawing up an estimate of expenses and income. All estimated expenses and income must be carefully documented. Funding sources should also be indicated. If funding sources raise questions from law enforcement, then a strict and impartial test awaits.

STEP SIX Registration of the company name. It is highly recommended not to reinvent the wheel, but to call the company by your own name. Such a move will make it possible to avoid paid verification and will speed up the registration time.

STEP SEVEN Directly registration of the enterprise. There are three equivalent ways to register a company in tax authorities... First of all, you can come to the inspection yourself and submit everything Required documents For checking. You can apply for registration using the global network, on the official website of the tax office. In addition, you can send all documents by registered mail and wait for a positive response. It is especially worth noting that if the estimated annual income exceeds $ 30 thousand, then registration is required at the main office of taxes and fees, which is located in Ottawa.

STEP EIGHT Compulsory insurance business. Moreover, you will have to insure not only the organization itself, but also the trade mark, and even a unique name. If you plan to release any product, you will have to acquire the required patent.

Register a new company or buy a ready-made business in Canada?

If a potential businessman already has experience in running his own business and has the necessary amount to buy a company, then it is preferable to purchase a ready-made business in Canada.

In the event that there is no business experience or a very small business with a small but stable income is planned, then it is advisable to register a new private entrepreneur.

It is necessary to decide strictly on the basis of individual situation, and there are no universal recipes here.

Small business taxation in Canada

Unlike most Western countries, Canada does not have progressive taxation. The tax rate is static and is the lowest among all the G7 countries

And if in the USA the total corporate tax rate is at around 40%, then in Canada it is only 15%! Naturally, in this situation, many large companies and corporations prefer to have their offices in Ottawa.

At the same time, do not forget that in the country maple leafthere is a multilevel taxation system. Any entrepreneur will have to pay federal, provincial and territorial taxes.

Small businesses are particularly relaxed, as they pay aggregate taxes much less than in the Russian Federation.

The tax burden in Canada is distributed as follows:

• Corporate tax. Federal tax is about 15%. Small businesses don't pay it at all. Provincial corporate taxes are added to it (from 11 to 16% depending on the province).
• Value Added Tax. The federal rate is 5%. To it is added another 7-10% of the provincial tax.
• Income tax. Changes with income. For private entrepreneurs, this tax is no more than 15%. With an increase in income, it can increase up to 33%.

What kind of business can I start in Canada?

First of all, you need to inform what you should not do in the country of the maple leaf. There are more than enough small legal, auditing and consulting firms in Canada. This business area is 101% busy and if you are not a world-renowned specialist in this area, then it is better to immediately abandon such ideas.

And here small catering establishments(restaurants and cafes) are very much in demand without pretensions to pomp. And if you open a family cafe with real Russian kvass and Olivier salad, which you can buy to take away, then success will undoubtedly come.

Developing very fast in Canada IT industry, and therefore programmers and electronics engineers who know their business well will never be left without work. Of course, they can get a job in large company, but where is the best way to work for yourself, taking work for outsourcing.

Conclusion

To the envy of many, business in Canada is developing by leaps and bounds. The state has a very attractive climate for entrepreneurs. This includes support from the government, a moderate tax burden, and tempting lending offers.

Starting a business in a foreign country is a very difficult task, but Canada can become a real Klondike, where you can reveal all your abilities and get good money working exclusively for yourself.

It's not scary to start with a clean slate in Canada. The country creates favorable conditions for the start and development of business not only for its citizens, but also for foreigners. Therefore, it is much easier for an entrepreneur in Canada than in the CIS. The ZagraNitsa portal tells whether it is possible to open a business in Toronto or Vancouver in three days, what activities are prohibited for foreigners in Canada and where to start for a businessman

Canada is a country with political and economic stability and a low crime rate. Not surprisingly, it attracts foreign businessmen. However, the main trump card is the absence of bureaucratic red tape, thanks to which you can open your own business in less than a week, or even in a few hours.

Opening a company in Canada is pretty easy and fast. This takes one to five days, depending on the urgency of the case and the province. The fastest way is licensing through a lawyer or firm that provides such services. The price, depending on the conditions, can range from $ 1,500 to $ 5,000. Doing business is easy too, especially if you get the support of a local lawyer and accountant. The tax inspectorate is loyal to the first mistakes, such as being late in filing a declaration or a defect in paying taxes. You will be offered to eliminate errors within a certain period of time, but without sanctions

The backbone of Canada's economy is industry and services. It is the latter that employs almost three quarters of the country's population. Despite the fact that Canada does not have “pilgrimage” places like Big Ben or the Eiffel Tower, tourism is one of the main sources of income for the average inhabitant: the sphere provides 309,000 jobs. Production is also actively developing: Canada exports cars, planes, chemicals, plastics, and a variety of equipment.

Photo: Shutterstock

One of the strongest sectors of the industry is woodworking. 10% of Canada's area is covered with forests, and therefore a solid share of exports are fertilizers, wood pulp and timber. Crude oil is also mined and produced here, natural gas, electricity, aluminum. At the same time, immigrants from other countries who wish to open their own business in Canada most often choose Toronto, as well as Vancouver and Ontario. It is Toronto that is the economic, financial and cultural center of the state.

Where to begin

A foreigner who has decided to open his own business in Canada, in addition to a well-written business plan, needs to decide what form the enterprise will be.

In Canada, the following forms of business are possible:

• Federal. These businesses can do business throughout the country. However, 25% of their directors must be local.
• Provincial. These companies do business exclusively within the province where they are registered. In the British Columbia, New Brunswick, Nova Scotia, Prince Edward Island and Quebec regions there are no restrictions on directors' citizenship, but a local agent is required. The rest of the provinces require 25% of Canadian leaders, and Saskatcheon is the majority.
• EPC (Extra-Provincial Corporation) is a company registered outside the province. Such enterprises operate on the basis of a license that allows them to conduct business in the region. For their establishment, the citizenship of the directors is not important.

Photo: Shutterstock

The form of ownership also differs:

• Corporation - partners are separately responsible.
• General Partnership - with the collective responsibility of partners.
• Sole Proprietorship is a private enterprise.

Online, through a lawyer or in person?

A significant plus of doing business in Canada is that government websites have all the information, so that a novice entrepreneur will not be confused. Requirements for doing business in different provinces are available here. Here you can also check the uniqueness of the company name (the procedure is paid!) And find out where to go for the registration form. You can also start registering a company at the federal level online.

According to experts, you do not need your presence in the country to do business in Canada. It is enough to hire a lawyer and accountant who legally specialize in starting a business. After analyzing the client's situation and goals, they will offer the best solutions.

Photo: Shutterstock

If you still want to be present in Canada, you need to take care of legal grounds for this. You can apply for a business visa: it is great for starting a business, holding meetings, market research. But there is a nuance - a visa does not allow you to stay in the country for a long time.

There are also special work permits - open (for all types of activities) or closed (only work in one company is allowed). And of course, the best option, which provides maximum freedom of action - registration for permanent residence.

Restrictions for foreigners

Even in such a hospitable country as Canada, there are areas of activity where foreigners are not allowed or where they are subject to increased requirements.

Evgeny Dankanych, attorney at Law Office of Eugene Dankanych:

Any Foreign citizens can register a company in Canada: there are no requirements for which country a person is from. But there are restrictions on the types of activities: securities trading, legal, financial and auditing services, medical practice, real estate trading, brokerage services, etc. These activities are licensed only to residents and citizens of Canada.

Taxes, lending

There is also a business lending system in Canada for foreigners! But before contacting the bank, you need to study the state loyalty programs. If you meet all the requirements, you can use the special support program for businessmen under the age of 29. Or, for example, get a loan under a small business financing program - provided that the company's annual profit does not exceed $ 5 million. The state can allocate up to $ 250,000 for 10 years at 2-3% per annum. But here, too, there are limitations and pitfalls: for example, agricultural enterprises and religious organizations cannot apply for a loan.

As for lending directly, any bank looks at the history of the company, its turnover and income, the availability of equipment and real estate. According to experts, all this together will be credit history, on the basis of which the bank provides funds in a certain amount.

The loan rate can be from 2% per annum and higher - the percentage depends on the risks.

Business taxation in Canada is private. It all depends on the province where you do business and what you do. The most conservative rates are for small businesses.

Evgeny Dankanych, attorney at Law Office of Eugene Dankanych:

Taxes in Canada are rather complicated. Depending on the type of activity, as well as the amount of income, the payer falls into one or another tax basket. The higher the income, the higher the tax rate. If the profit is more than a million dollars, corporate tax can reach 45%

As you can see, Canada is not only formally interested in new entrepreneurs, but also helps them in every possible way. You can open your business through a government online service in just a few hours, and at the first mistakes (for example, filling out a declaration), instead of sanctions, they will explain to you how best to proceed in this situation. The difficulty is that each province has its own requirements for doing business, and the main task of an entrepreneur is to carefully study them. But in Canada, there are many government programs for small business development. They provide not only step-by-step consultations, but also loans that even foreigners can apply for.

In this article we will try to tell you about the most popular of them.

After knowing the main pros and cons of moving and living in Canada, you can better understand whether you will “take root” in the country of the maple leaf.

The pros of living in Canada

- Canada is progressive in terms of its environmental policy, it is also considered a peaceful, relatively neutral country... That is, he does not face the same level of external or even domestic terrorist threat as the United States or European countries.

– Multiculturalism- the policy of the Canadian state aimed at preservation and development cultural characteristics every nationality in society. Canadians themselves are generally polite and tolerant. This means that immigrants rarely face prejudice and may feel comfortable with their culture and customs after they move.

- All residents who are officially in Canada use free medical care, and children can receive free education... And if the situation with medicine in many countries of the former Soviet Union is tolerable, then there are very few chances to study at a university for free. All residents can take advantage of the free medical help but each province has its own health insurance system.

- Canada recognizes double citizenship ... This means that you are acquiring Canadian citizenship without losing your current citizenship.

- Canada is a bilingual country. Here they officially speak English or French(and many others - unofficially). Many of us studied English at school / institute, so we already have some kind of knowledge base, and accordingly it will be easier to learn the language.

- Having received a Canadian passport, you can ease to travel because Canada's passport is one of the strongest in the world. With him you can

- Canada has enough low crime rate.

- Canada has been officially recognized many times, and its cities were included in the world rankings of the best cities to live in. Here is a list of cities that

- Public facilities - from libraries to playgrounds and parks- there are many of them, generally well-groomed. Lots of free or subsidized attractions and amenities. And what nature is here!

- In Canada, indeed high level life. This is reflected in rather high salaries.

- If you are an immigrant, then you will not be a black sheep. Immigration for Canada is such a familiar process that immigrants have already become a normal phenomenon for residents.

- In Canada, there is four very different seasons. Incredible, snowy winters, gentle autumn, warm / hot summers - Canada has it all. We would be lying if we said that all Canadian provinces have comfortable winters ... so we smoothly move on to the disadvantages of living in Canada.

Cons of living in Canada

- Climate is also a minus of Canada. In some provinces winters are very harsh and lingering, which also entails high heating bills. In the north of the country, there are huge territories where it is very cold. Don't forget about strong winds and mosquitoes. However, in areas where most Canadians live, the climate is quite comparable to the European climate, although there is more rainfall.

– Distance from homeland... Due to the long distance, flights between Canada and Ukraine / Russia are expensive and time-consuming.

- Your friends will be very far away and you will have to meet people again and look for those who can become at least good acquaintances to you, and this is quite difficult. Often you will feel nostalgic, but this is quite normal for the first months.

– Moving to Canada is a difficult and expensive process. You have to be prepared for stress, know that it will take a lot of time and patience. But the good news is that in October, the government made it easier to obtain Canadian citizenship. Read about it -

- Canada - dear country... There are high prices for housing (and in cities such as Vancouver and Toronto, they are simply cosmic), high prices for food and entertainment. Therefore, be prepared that after moving to your budget, you will need a large amount, and the financial issue will always be very acute. The main thing after arriving in Canada is to find Good work!

- However, immediately find high-paying job even qualified specialists it is not always possible. Be prepared that in the beginning you will have to work as a waiter or loader.

- Enough high taxes. In some cases, taxes can go up to half of a person's earnings. However, the income of Canadians allows such costs to be borne.

– Medicine, both a plus and a "sore spot" of Canada. By the way, this is the longest period of time in history. Just think - 20 weeks to receive treatment and procedures.

- Causes concern country's dependence on oil and the long term viability of this model. Work, exports and general tax revenues are heavily dependent on this particular sector.

Here are the pros and cons of living in the land of the maple leaf. Nevertheless, Canada is deservedly considered one of the best countries for a living, and her immigration policy attracts many immigrants every year. Perhaps next year you will also be among them? 🙂

For some Russians, emigration to foreign country is almost an obsession. They can be understood, since not everyone is happy with them in their native state. Well, the proverb “A fish looks for where it is deeper, and a man - where is better” has not yet been canceled. A huge part of our compatriots are looking for a better life in a country like Canada. Moreover, experts note that the degree of influence of Russian culture in this state, bordering on the United States, is increasing every year. But is it easy for a compatriot to assimilate in a "maple" country? Do Russians feel comfortable in Canada? How do they live there? What does it take to immigrate to this state? Let us consider these issues in more detail, and most importantly, we will find out why Canada is so attractive to our compatriots.

Why?

It is not the first year or even more than one decade that the above country has been considered prosperous and prosperous. Russians in Canada can personally observe the high productivity of labor, a measured way of life and social protection of citizens inhabiting the "maple" state.

In addition, the kingdom has one of the lowest crime rates, and a huge selection of street cafes and restaurants creates all the prerequisites for a comfortable stay. But is life in Canada easy for our compatriots? At first glance, yes. The fact is that this country occupies one of the leading places in the world in terms of the quality of life: citizens use a variety of social programs, free medical care, the authorities maintain high environmental standards, ensure safety, and take real steps to assist migrants in social adaptation.

But, on the other hand, life in Canada for a visitor is not so cloudless and rosy. Why? It's simple: those who emigrated to Canada in search of a better life for themselves may be looking for a suitable job for a long time. And if it is not there, then there is no income.

As a result, newcomers are forced to agree to unskilled labor. Yet it is generally accepted that the kingdom has the highest wages.

In general, the standard of living in Canada has attracted, attracts and will attract visitors from other countries.

Prices

This criterion also determines the degree of well-being of the citizens of the "maple" kingdom. Prices in Canada vary by region. For example, the cost of goods in Vancouver is two orders of magnitude higher than in Toronto. If you go to a supermarket, you will be offered a choice of two types of food: on a natural basis and grown using "chemistry". Naturally, organic food is more expensive than, for example, artificially fed chicken.

As for household appliances and electronics, the prices here are lower than in the EU zone, but higher than in the USA. But the cost of cars corresponds to the American level.

It should be noted that the price tags in stores, as a rule, are fixed without taxes (in order to lure the buyer), so the client needs to be prepared for the fact that he will have to fork out a larger amount (15-20%) than indicated in the price list.

Language

For Russians, life in Canada without knowledge of a foreign language is very, very difficult. Moreover, it will be better if the visitor speaks several languages: English and French.

The first is most often used in technical and scientific fields, and the second in Everyday life... Thus, every migrant should know the language in Canada. Please note that in Quebec you cannot do without French, and in Montreal you cannot do without French and English.

It must be emphasized that in Quebec, state courses are provided for those who came to the kingdom for the purpose of employment. French free of charge.

Want to work in Canada?

As you know, the kingdom adjacent to the United States has long established itself as a stable employer. This is explained not only by the development of the economy and the presence social guarantees... The authorities are aware of the high need for, therefore, they encourage those companies that hire migrants.

So, what needs to be done to make working in Canada not a myth, but a reality? This can be achieved in several ways. Their choice should be carried out in individually, depending on the specific situation. It will not be easy for a common man to understand them. The thing is that in a number of provinces the requirements for hiring migrants are somewhat different from those that are spelled out in general federal laws. Despite this, immigration to Canada is an ongoing process. And if difficulties arise, it will not be superfluous to resort to the services of specialists who will help you collect required package documents and contact with representatives of the consulate.

And remember: if you are counting on a high-paying job in the kingdom, then you must have a specialized education and experience. A diploma issued in Russia will need to be confirmed.

Professional or entrepreneur

Citizens of Russia can obtain a visa to Canada (for work) through the federal program for attracting labor migrants. Several categories should be distinguished here. Let's dwell on each in more detail.

Skilled workers

The kingdom has long provided a list of specialists who are invited to the country in the first place. It is about those who have diplomas of technical, medical, pedagogical universities. Moreover, preference is given to specialists who already have experience. How to get a visa of this category? A win-win option is to first find a vacancy, talk to an employer and get an invitation from him, and then collect documents to obtain a pass. Then you can consider that working in Canada is almost in your pocket. In addition to the original invitation (indicating the position and salary), it will be necessary to submit two questionnaires (one for a work permit, and the other will reflect information about the candidate's marital status, education, work experience).

Business representatives

Immigration to Canada is a good opportunity for those who are in business. But!

If a Russian merchant intends to open a business in the kingdom, then he will also need to obtain a visa. In this case, the entrepreneur must provide the consuls with evidence that his individual activity is legal. Moreover, doing business in Canada, the merchant undertakes to pay taxes on time and create jobs for the indigenous inhabitants of the kingdom. Also Russian businessman must be fluent in English.

To get the coveted visa, labor migrant it is also necessary to pass a medical commission in a specialized institution. Also, a candidate for a job in Canada must prove their connection with their homeland. The fact is that the authorities of the kingdom should not have any suspicions that the newcomer intends to stay in their country longer than indicated in the employment contract.

Do you want to live in the kingdom?

Many of our compatriots dream of getting permanent residence in Canada.

However, it must be borne in mind that the immigration system of this country includes both federal and regional programs. Moreover, the latter are designed to carry out preliminary selection future citizens of the kingdom. Federal programs focused on making individual decisions in each specific case (for example, to issue or not issue a visa to a particular person).

So what steps must be taken to be eligible to reside permanently in the kingdom? First you need to decide on the program. Then you should deal with the collection of documents for the consulate. The list of papers and certificates depends on which program you have chosen. Please also note that some of the programs provide for the passing of tests on knowledge of foreign languages, and they have a limited period of validity. After you have prepared a package of documents for the consulate, you just have to send them and wait for the result. Moreover, it can come either in six months or in two years, again, it all depends on the chosen program.

In case of a positive outcome of the case, the applicant for permanent residence receives a referral to undergo a medical examination or he is awarded a provincial selection certificate (immigration under the regional program). In some cases, the candidate is required to undergo an interview at the Canadian embassy. If the results of the conversation satisfy the consuls, the applicant undergoes a medical examination. After that, you can get a visa and start completing unfinished business in Russia: dispose of property, draw up documents that may be required in the future, etc.

The procedure for obtaining permanent residence for young people who are studying in

The fact is that diplomas issued in the kingdom enable graduates to stay in it forever. Here again, everything depends on the chosen program.

Citizenship

If after three years life in Canada suits your taste, then you can contact the authorities with a request to obtain citizenship in this country. If you get it, you can leave the kingdom for any length of time and come back here whenever you want.

Education

Studying at a Canadian school is free of charge. As for getting an education in colleges and universities, parents have to fork out for these purposes (in some cases, part of the costs is borne by the state). However, there are universities in the kingdom with free tuition, but private educational institutions are considered more prestigious.

disadvantages

Of course, it should be noted that along with the pros, there are also disadvantages of living in Canada.

Firstly, the kingdom is located many thousands of kilometers from Europe and Russia, so it will be expensive to travel home too often.

Secondly, a rather harsh climate prevails in the "maple" state, so Russians who lived earlier, for example, in the south of the country or in the middle lane, will not feel one hundred percent comfortable.

Naturally, potential migrants who intend to work and live in the kingdom do not like the fact that obtaining a visa can take a long time, and without any guarantees. The conditions for obtaining a residence permit are not encouraging for representatives of small businesses from Russia. To receive them, they need to confirm that impressive sums of money have accumulated on their bank deposits.

Not all newcomers are satisfied with the state of the labor market: only a few manage to find work according to their profile. The rest are forced to engage in "unskilled" activities. Of course, those who have diplomas and work as governesses, waitresses, porters, gardeners cannot but complain about life in Canada. Reviews of migrants from our country indicate that the salary of those involved in unskilled labor leaves much to be desired.

Not so simple, in the opinion of visitors, and in the medical field. Yes, seriously ill people (for example, those who have been diagnosed with oncology) are successfully treated in Canada with the help of modern equipment. But doctors may not give an ordinary sore throat of particular importance: you will be prescribed antibiotics and that's it, you don't always have to count on a more detailed analysis of the patient's condition.

Conclusion

For some, life in the kingdom will seem very expensive and boring at the same time. Someone will admire that level of comfort and degree social protection, which is offered by the neighboring country of the United States. Whether or not to go to Canada in search of a better life is up to everyone to decide for himself. How many people, so many opinions.

If not everyone, then the majority wants to be their own boss and have financial independence.

However, many continue to go to work as hired employees, because they need money to run their own business.

And in general, it is difficult. In our country, an aspiring entrepreneur faces a huge number of obstacles, and ultimately few survive. What can we say about abroad, it is probably even more difficult there, especially if you are an immigrant. But this is a delusion.

For example, many of our compatriots, as well as visitors from other countries, conduct successful business in Canada. And the point here is not in the presence of huge money or ingenious entrepreneurial abilities, it is just that people are given opportunities and in every possible way supported in business endeavors, especially those that bring some benefit to the Canadian population.

The government of this country is interested in attracting new forces to develop the economy and increase jobs, and therefore creates fertile ground for starting their own business, both by citizens of the country and by immigrants. This opens up attractive prospects for businessmen who want to live and work in one of the most developed countries in the world. We will tell you about how to open a business in Canada and what you need to do for this in this article.

Towards a goal: how to start a business in Canada

There are several options for how to become an entrepreneur in this country. If we talk about the most popular ways to start your own business, then there are three of them:

1. Buying a ready-made business in Canada is a fairly common choice of people who have little experience in starting and successfully developing their own business. As a rule, this option is simpler than the others, but it may have pitfalls that a novice businessman will not immediately discover (the presence of debts from the enterprise, etc.).
2. Start a new business from scratch and develop it directly in Canada. There are advantages here, in particular, the opportunity to receive support, both financial and informational, from public and private structures.
3. To develop a business that is quite successful in Russia, expanding its borders. You can open a branch of your company in Canada, and if you wish, move it there in full. This method is suitable for those who have already become a successful entrepreneur in their country and want to develop new territories or move completely to Canada (possibly, guided by some other non-business advantages.)

Each of these methods has the right to exist and be used, depending on the specific situation and capabilities of each potential immigrant businessman. We will analyze the main issues that will affect an entrepreneur who decides to open a business in Canada from scratch.

How to Build a Small Business in Canada: Basic Steps

In order to facilitate the task of a businessman who is starting his way, we will consider the main stages that will have to go through to open his own business. This procedure includes the following steps.

Idea

Every undertaking is preceded by an idea that will ultimately determine the success or failure of the business. It is important to approach this issue carefully, to conduct marketing research to identify its relevance and viability. Small business ideas that work abroad are different from those that will be successful in our country.

So, for example, in Canada there are a lot of different kinds of legal / law firms and private clinics. Opening another firm of this kind for a budding entrepreneur is a deliberately disastrous idea. It will be difficult to deal with firmly standing competitors (although everything is possible, maybe you are a genius in law or medicine).

Type of ownership

It should be chosen based on a specific idea and other considerations - the size of the future company, the availability of capital, etc. It should be said that small business in Canada is the most common option for running your own business, which has many advantages and support from the state. The overwhelming majority of both Canadians and visitors work in this segment. It can open in one of three forms, which you choose yourself:

1. Sole owner, private enterprise like our sole proprietorship.
2. Two or more owners with collective responsibility (General Partnership).
3. Multiple owners with separate liability (Corporation or Incorporation).

By the way, the required amount of security also depends on the chosen form of ownership, which is deposited into the company's account upon registration. Explore each of these options in more detail and choose the one that works best for you.

Name of the company

"What do you call a boat ...", in general, you understand that a lot depends on the choice of the name of your future company. By the way, if you give your company your name, you can save on the mandatory verification (about a hundred dollars) required to identify existing organizations with the same name. The final name of the enterprise will also depend on the chosen form of ownership. For example, words like Incorporated, Limited, etc. are added at the end.

Company registration

This process can be done in several ways. A business in Canada can be registered:

1. Through the Internet. Online you can study all the materials for filling out documents by an immigrant and send an application to local authorities accounting.
2. By mail. To do this, you will need to fill out the "Form RC1, Request for a Business Number (BN)" form and send it to the tax office operating in the territory where your business will be opened.
3. By phone. Before calling the Department, study all the fields of the above form in detail in order to be ready to answer the employee's questions.
4. Personally. Come to the tax office on your own with a completed form.

Not all entrepreneurs must be registered with the Tax Office, but only those whose income from the sale of products or the provision of services exceeds $ 30 thousand per year.

Insurance

The number of objects subject to insurance includes not only the company itself, but also its products (through patenting), registration brand, copyrights and more.

Financing

This question is the most exciting and interesting. As already mentioned, the Canadian government is trying in every way to help start-up businessmen if their activities will benefit the whole society, create jobs, and develop the economy. Therefore, the country has a well-developed system of lending and granting loans, which are willingly issued.

How to get a small business development loan for an immigrant entrepreneur? You can use financial support rendered both by state program, and for any other, of which there are many in the country. So, the state provides loans in the amount of up to 250 thousand rubles and only if:

• your business has an annual income of no more than $ 5 million;
• is not a religious, charitable, or agricultural enterprise.

The program is called The Canada Small Business Financing. The money is provided for up to ten years at approximately 3% per annum.

For young entrepreneurs (under 29) there is a separate program supported by the Business Development Bank of Canada. There is also a special program for visitors - The Canada Immigrant Investor Program, created by immigrants who have already settled in the country and got on their feet. In addition, the country has a huge number of banks that willingly finance small businesses. Immigrants can also get a loan to develop their business.

Since April 2013, a new program called Start-Up Visa has been launched, which provides comprehensive support for start-up entrepreneurs by already experienced organizations. It consists not only in recommendations from successful companies, but also in the transfer of experience, as well as the promotion of new businessmen.

Every year, a quota (rather large) is set for the number of immigrant specialists who are given the chance to use the program in order to organize their own business and establish contacts, cooperation with existing Canadian enterprises.

Conclusion

If you are seriously considering starting a business in Canada, but are hesitant due to unfounded fears, take action. The business climate in this country is one of the most favorable.

In addition to the obvious advantages (support from the state and private structures), there are others - a loyal taxation system, low cost electricity, etc. Study in detail, step by step, the process of starting a business for an immigrant, the established requirements and available opportunities, and start to implement your idea.