Latest news, articles and valuable insights about business in Canada. Our team of experts at GFLO Consultancy offers professional services in Canada. We’re here to provide you with helpful information, and we hope you will discover the answers you seek below. If not, feel free to reach out to us anytime.
Why Is It Needed? Recognition of Documents Abroad Without an apostille or legalization, Canadian documents may not be considered valid in other countries. Who Needs It? Individuals relocating, working, studying, or getting married abroad. Companies conducting international business or submitting documents to foreign authorities. When might this be necessary? Legalization and apostille may be [...]
What is a trademark in Canada? Firstly, it's important to define what a trademark is according to Canadian legislation and what cannot be registered as a trademark. According to the official Government of Canada website, a trademark in Canada is defined as a combination of letters, words, sounds, or images that distinguish the [...]
Do I need a gambling license? An online gambling license is fundamental for entrepreneurs looking to establish a digital casino business. First and foremost, the online gambling industry is highly regulated, and operators in this space are legally required to possess a valid license to offer their services. But looking beyond the legality, possessing [...]
Benefits of opening a bank account in Canada Financial stability and reliability: Canadian banks rank highly across the world due to their well known reliability. This assures conducting business without worrying about potential issues; Service quality and customer support: Canadian banks usually offer high-quality service with extensive branch networks and professional staff; Wide range [...]
Updated 22 July 2024 Determining the need for an MSB License The first step is to figure out whether your business falls under the MSB category according to Canadian legislation. MSBs typically include organizations involved in the following activities: Money transfers; Currency exchange; Cashing checks and other financial services within Canada (and other [...]
Updated 19 September 2023 Summary 5-10 days None Present in specific cases None Allowed None For resident companies - worldwide For non-resident companies - territorial The nominal tax rate is 38%, the reduced or effective tax rate can be 15% [...]
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