This article will help you understand the pros and cons of incorporating your business in Canada. It will also give you examples of when it may be a good idea to incorporate and when you might want to avoid it.
After reading this article, you’ll understand what a holding company is and when you should consider using one. We’ll also look at some holding company examples to explain why someone would incorporate a holding company in Canada. At the end, we talk about the disadvantages of incorporating a holding company in Canada.
There’s been a lot of chatter about the proposed tax changes for Canadian corporations but like most things tax-related, it isn’t exactly quick and easy to get the skinny on the impacts your business may face. Not to worry, Avalon is here to explain the three most important things you need to know about these changes: