Establish or Buy a Business in Canada

Business Perspective

Canadian economy is unique among its peers. Canada’s rate of foreign investment attraction in the past years have showed an increase of more than 60%. This is despite the 40% drop of capital flow into other developed economies during the same period. This peculiarity is not random. It is the result of favorable business environment that Canadian economic policy has been forming consistently in the past decade. Currently Canada is a global pioneer in devising investment-friendly tax measures with the lowest marginal effective tax rate among G7. Canada has billions of government support for innovation, research and development through unique initiatives like SR&ED and IRAP. It has one of the most talented work-force and it enjoys an abundance of capital. All of that and much more make Canada a top destination for entrepreneurs looking for a reliable economy to start or buy a business.

Albeit Canada has great potential, navigation of its business and regulatory frameworks involves different challenges. At SILAW we will equip you with knowledge, advice and expertise that not only help you overcome those challenges but will secure you on the path to prosper in Canada and globally.

Immigration Perspective

Canadian immigration apparatus is particularly focused on the attraction of entrepreneurs and business people who have high potentials of contributing to Canadian economy. Both the federal government and its provincial counterparts have put programs in place that target entrepreneurs that have business ownership and/or management experience. These programs incentivise qualified applicants to start or buy a business in Canada and settle here permanently.

At SILAW we currently focus on the most effective immigration programs both at the federal and provincial level. At the federal level, the Self-Employed program is designed to target individuals with experience in athletics or cultural activities. This is a point-based program that leads directly to Canadian permanent residency.

At the provincial level, almost every province in Canada has designed its own immigration programs that target people based on the unique needs of that province. Although every program is different, they are all similar in providing the applicant a conditional path to permanent residency.

To read more about the details of these programs, Federal Self-Employed Program and Provincial Nominee Programs, please scroll down.

Our Business Advisory Services

For Establishing a New Business

  • Market Research and Business Plan;
  • Feasibility study;
  • Networking for key contacts and negotiations;
  • Due Diligence;
  • Employment law considerations;
  • Import/export regulations;
  • Real estate law considerations;
  • Tax considerations;
  • E-commerce and IP law considerations;
  • Government funding strategy (SR&ED, IRAP, etc.);
  • Financing and fundraising strategy;

For Acquiring an Existing Business

  • Strategic business targeting plan;
  • Evaluation advice on high potential targets;
  • Due diligence;
  • Negotiations with sellers on behalf of client;
  • Business Development plan for post-acquisition;
  • Employment law considerations;
  • Import/export regulations;
  • Real estate law considerations;
  • Tax considerations;
  • E-commerce and IP law considerations;
  • Government funding strategy (SR&ED, IRAP, etc.);
  • Financing and fundraising strategy;

Best Programs for Starting or Buying a Business in Canada

We'll get you there
Federal Self-Employed Program

Federal Self-Employed Program

Best for entrepreneurs or world-class participants in athletics or cultural activities who have the intention and ability to be self-employed in Canada, and live here permanently.
Provincial Nominee Programs

Provincial Nominee Programs

Best for entrepreneurs and/or business people with experience in business ownership and/or management who have the intention and ability to work and live in Canada permanently.

Frequently Asked Questions

How do I know if I am qualified to use these programs?

You can click on each program above to read more about its details and eligibility requirements. We can also provide you with a Complimentary Business Immigration Assessment that will determine which programs will work best for your unique needs and expectations.

What kind of business can I buy or start in Canada?

Business eligibility criteria is different for each program. For example in the Federal Self-Employed program the proposed business shall be in line with your experience, and shall be in athletics or cultural fields.

Each provincial nominee program is different on what type of business they allow for their province. The business eligibility limitations on each province is designed to promote the province’s priorities. For example some provinces do not allow franchise businesses while others do. See Provincial Nominee Programs for more information.

How much money do I need to have? How much do I have to spend?

Depends on the program. Please see Federal Self-Employed Program and Provincial Nominee Program for more details.

How can I retain SILAW for buying or starting a business in Canada?

It often starts with a Complimentary Business Immigration Assessment that we will conduct for you free of charge. In this process we will evaluate the information you provide to formulate tailored strategies for your needs and expectations. We then will schedule a Complimentary Consultation Session wherein we share the results of the assessment with you and will determine if we are the right fit for each other. If we mutually reach a decision to form a professional relationship, we will send you a retainer agreement and when you accept and sign, we will begin working for you.

What is a retainer?

Depending on how you use this term, it can mean either of the two following things:

  • A lump sum of money paid to a lawyer to secure his/her services and to cover legal fees and other future expenses of a legal action (referred to as a “retainer fee”); or
  • A written agreement (contract) between the lawyer and client that is the basis for the lawyer-client relationship (referred to as “Retainer Agreement”);
What can I expect from the Complimentary Business Immigration Assessment?

There are many different business immigration programs and they are often complicated to navigate, and determine whether they are a good match for your needs. We fill that gap by providing you with an assessment that will analyse your situation against many different business immigration programs to identify the one(s) that best suit your needs and expectations.

The results of this assessment, among other things, will be discussed with you during a scheduled Complimentary Consultation Session.

What Can I expect from the Complimentary Consultation Session?

Please note that for our Business Immigration section, no Complimentary Consultation Session is scheduled unless you complete the Business Immigration Assessment Questionnaires.     

Our Complimentary Consultation Session is a half-hour meeting (in-person or remote) with one of our lawyers to discuss the results of your Business Immigration Assessment, your needs and expectations,  and to decide whether we are a good fit for each other. The purpose of this meeting is to ensure that we can actually help you achieve your goals and it is not to address all of your concerns and questions.

There is no obligation on you and no obligation on us to continue our relationship and the complimentary consultation session will not, on its own, form a lawyer-client relationship between you and our firm.

What type of Fee Arrangement can I expect from SILAW?

For all Business Immigration services we will charge you a Flat Fee. In this arrangement we will charge you a single fixed fee for services that we specify in your Retainer Agreement. The fixed (flat) fee is divided into different installments that will be due once certain milestones are met.

Why should I trust SILAW?

There are many reasons. You can read about some of them here or here. Also SILAW Professional Corporation is a licensed corporation by the Law Society of Ontario and as such it is held to its professional and ethical rules of conduct. You can read about these rules here.

But the BEST way to answer this question is to see us in action. For better insights to judge our value, consult as many professionals as you can, then Contact Us and decide for yourself.

Do you guarantee results?

Based on the rules of our governing body (the Law Society of Ontario) we cannot use contingency billing or guarantee results in an immigration matter. But we can, and we do guarantee that we will provide the best possible client service and legal representation.

We will always honestly assess your case (both good and bad) and set realistic expectations during your consultation. We’ll discuss our goals and objectives but no duly licensed attorney can ever guarantee how a case will conclude.

As an alternative to looking for guaranteed results we recommend you look for an attorney who most likely will succeed. Because in immigration matters your life and future is at stake, and getting a refund is little consolation. Mistakes and omissions in this area of law will gravely jeopardize your future chances. Therefore it is very important you choose your representation carefully.

Start Complimentary Business Immigration Assessment now

Please Contact us if you have question

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inquiry@silawpc.ca

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