People sometimes want to register in other jurisdictions for reasons such as (1) minimum director requirements; (2) favorable corporate taxes; (3) employer or corporate incentives for hiring locally, among others. This article posted on our partner site Mondaq.com explores the benefits to Canadian entrepreneurs of using both Canadian and American based corporations. The author explains that Canadian entrepreneurs earn many tax benefits from incorporating within certain provinces. At the same time, entrepreneurs can utilize a sister corporation in Delaware to take advantage of greater tax benefits in the United States, and have greater success attracting American investors who are more comfortable with Delaware law.
This comes to you as a part of Clausehound’s exciting new collaboration with Mondaq!