Canadian Office Setup
For US tech companies looking to open a remote office in Canada, Syndesus is your trusted advisor for researching, incorporating, connecting and opening a satellite office across the border.
Ready to get started?
Here are three steps to guide you through the process of setting up shop just north of the border.
1. Why Choose Canada?
There are many reasons why many American companies are choosing to set up shop in Canada. Here’s a few for you to consider:
- Top engineering schools
- Top tier technical talent (engineers, developers, etc)
- Robust technology ecosystems in multiple major cities
- Diverse and inclusive business environment
- Superior immigration system designed to attract foreign talent
- Less competitive and more affordable marketplace--compared to the US
- Tax credits for research and development
- Close proximity to the US for travel
- Cultural similarities and language to the US
- Same time zones
On top of all of this, Canadians are friendly and eager to do business with American companies that will positively contribute to the local economy and broaden their tech sector.
Fact
In 2017, the Government of Canada invested $125 million into the Pan-Canadian Artificial Intelligence Strategy, the world’s first national AI strategy.
Fact
Canada’s Global Talent Stream has helped over 40,000 skilled, foreign born workers come to Canada to work for tech companies. Work permits can be granted in as little as two weeks.
2. Select a city
There are plenty of options to build a thriving satellite office in Canada. These are the most popular cities in Canada for tech companies based on the quality of the ecosystem, network and talent base. All have their own diverse cultures, thriving city centres and unique lifestyle advantages.
There are also unlikely tech hubs popping up in smaller centres that can offer unique business opportunities and different lifestyle options which can be highly attractive to tech talent. Each of these cities has a well-serviced airport that ensures employees can easily connect to the US if need be.
All Canadian provinces have different tax structures and programs for foreign businesses. Syndesus can help you determine which city is the best fit based on the specific needs of your business.
3. Setup Shop
Ready to lay your Canadian foundations? Syndesus can help by putting together a comprehensive plan and making the connections to cover the following services in Canada:
- Incorporation and business registration
- Accounting and taxation
- Banking set up
- Payroll and benefits
- HR Compliance
- Recruiting
- Immigration consulting
- H1-B relocation from the US
- Office selection
- Remote employment consultation
- R&D tax credits
Let’s start planning your move to Canada.
Fact
The Canada Revenue Agency allows eligible companies to recover up to 70% of qualifying R&D expenditures in refundable or non-refundable tax credits. Expenditures include salaries, sub-contractor fees and materials.
Not ready to set up shop?
Syndesus can help you have a soft landing in Canada, hiring one or two employees and serving as your remote employer. Find out more about how this works.
Our Canadian office setup experts are here to answer your questions and help you explore your options in Canada.
Set up your free consultation today or email us your questions at [email protected]
