I live in Canada, but I am not a citizen of Canada. In order to incorporate my business in Canada, at least 25% of the board should consist of Canadian citizens, regardless of the ownership. I have Canadian friends and co-workers who are willing to help me with this matter without getting involved in the business, but I am not sure what to offer as an incentive and what precautions I should be aware of.
Let's back up for a moment how come you need to incorporate a business in Canada? There a possibility you'd be better off incorporating somewhere else for a whole host of reasons. Just because you are in Canada doesn't mean your business has to be.
Without knowing details I can't say for sure what might be best but keep that in mind.
Feel free to contact me if you'd like to discuss further.
Answered 8 years ago
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