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!

 

–  –  –

This article is provided for informational purposes only and does not create a lawyer-client relationship with the reader. It is not legal advice and should not be regarded as such. Any reliance on the information is solely at the reader’s own risk. Clausehound.com is a legal tool geared towards entrepreneurs, early-stage businesses and small businesses alike to help draft legal documents to make businesses more productive. Clausehound offers a $10 per month DIY Legal Library which hosts tens of thousands of legal clauses, contracts, articles, lawyer commentaries and instructional videos. Find Clausehound.com where you see this logo.