Holding Company in Canada

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Holding Company in Canada

Рет қаралды 23,719

Evgene Jakubov

Күн бұрын

Пікірлер: 28

@businessincanada-doitright1822 3 жыл бұрын

Holding Company in Canada Holding company or holding corporation is being used to support future business development and expansion of almost every successful business. In addition to more advanced tax planning opportunities, holding structure provides further protection to the assets of your business operations and other operating and future planning benefits. The incorporation and reorganization of a holding company would usually be required when the business assets of your corporation become substantial and might become endangered by the actual business operations of the corporation. Being the same legal entity, these assets might be used to pay for the liabilities of the business operations. The situation becomes even more demanding in a case of multiple corporations all owned fully or partially by the same individual, in this case the volume of assets and corresponding liabilities will grow even faster. A holding corporation is being introduced as an intermediary legal entity between our personal assets and the business operations. The shares of the holding company will be owned by an entrepreneur, while in its turn, the holding corporation will hold (own) the shares and the assets of the operating corporation(s). In this structure the business assets once again become protected and separated from business liabilities. Moreover, this structure will allow more advanced and sophisticated tax planning for the future growth of a business. In order to achieve a holding structure, we need to incorporate a new company to which we will transition assets of the already existing corporations. All our shares in the existing companies will be transferred to the holding company and we will remain as the direct owners of only the shares of the holding company. Needless to say that this kind of transaction requires a professional assistance from tax and legal professionals that will plan and strategize the transition of your business into the holding structure. We at CBES offer a complete scope of professional services to support business growth and development of our clients and will provide our professional support for business owners interested in transitioning their business operations into a holding structure. Our website - cbes.ca/ Facebook - facebook.com/CanadianBiz LinkedIn - www.linkedin.com/company/cbes All information provided in this video is for informational and reference purpose only. Nothing contained herein shall be considered as a legal advice or instructions to be acted upon. CBES - Canadian Business and Enterprise Services does not offer legal advice online or on its KZfaq channel. Please consult a professional before you act in reliance on the information contained in our videos. #holdingcompanycanada #holdingcorporationcanada #HoldingCompany

@larrybelo421 2 жыл бұрын

Need rest temporarily stop no even….. need help for fixing my family life problems before continue work event

@dreamrunner4680 3 жыл бұрын

As a new business owner I find this invaluable. Thank you.

@jrod7223 4 ай бұрын

Thank you for having a visual option for your video

@shabazmalik4370 3 жыл бұрын

Yes, Sir. Fabulous description of the business structure of Asset and liability even though tax liability which is the responsibility of Accountant and Editor.

@iBackshift 3 жыл бұрын

Please have this vid up after, because utube did not notify me after i clicked on the reminder last evening. Thank you for your work.

@businessincanada-doitright1822 3 жыл бұрын

Hi Joe, absolutely, the video is available for the public access immediately after the premiere. I believe you can see it now in a regular KZfaq mode.

@coachkenny 2 жыл бұрын

This is a great Video. Its a total masterclass on Holding Compnaies. Thank you!

@EarlJames 6 ай бұрын

Great job!

@businessincanada-doitright1822 5 ай бұрын

Thanks.

@presentowner3198 2 жыл бұрын

Mindbuildingsolutions approved! Excellent video and content.

@Sombra_Azul_ 2 жыл бұрын

AMAZING!!! Thank you very much. Subscribed.

@niharas3981 2 жыл бұрын

Hello Eugene, The content in the video is very informative. I'm planning to open a holding company to hold the assets of an operating company that my brother is currently running in Toronto. I have a doubt. As for the holding company, only capital gain taxes are applicable or corporate taxes or both?

@businessincanada-doitright1822 2 жыл бұрын

Hi Nihar, For the purpose of taxation, holding company is the same as any other operating corporation. So it will all depend on how you draw your income from the operating company (if any). That being said, with one company at each level, it will not make much difference from the tax perspective during your business operations.

@amankmittal 3 жыл бұрын

Hi Eugene, I am on a spouse open work permit here in BC Canada. Can I register a holding company to buy a BC Company (CCPC)?

@businessincanada-doitright1822 2 жыл бұрын

Aman, to the best of my knowledge, there is no limitation on a person with a WP to register a corporation. In my interpretation, since shares of a corporation is another type of personal assets, you can hold them just like you can buy a house or a car. The only disclaimer I always make on this topic is talk to your immigration consultant, some of them are very cautious with are type of business ownership and might instruct you against incorporating to avoid appearing in the govt registries. I do not know why, but this is up to your consultant to decide... Otherwise - no limitations and no issues with that.

@krishchauhan235 3 жыл бұрын

Hi Eugene, is there a limit to the number of subsidiaries to a holding company?

@businessincanada-doitright1822 3 жыл бұрын

Hi Krish, no there is no limit, that is as long as you can keep them all in mind or on the record. 😉

@manuelricardez4361 3 жыл бұрын

Do you offer International coaching (Mexico-Canada) ?? I want to open a holding company in Canda....

@businessincanada-doitright1822 2 жыл бұрын

dear Manuel, yes, I can assist with incorporating a holding company in Canada. Please email to info@cbes.ca and I will provide further information.

@lstephen 2 жыл бұрын

Subed and liked the video! If I have holding company to invest in stock for long term not selling for at least 10 years or longer producing no income until withdrawal, what's the best way to pay expenses that occur annually when there's no income for a while?

@CasinoCosta Жыл бұрын

So how do you use a Holding company to purchase property in the name of the operational company?

@businessincanada-doitright1822 Жыл бұрын

There is a small confusion. The holding company is used to buy property under its own name and then to rent it out to the op=co. And the reason for that is to protect the property from the op-co's related liabilities.

@championsofprofit5460 Жыл бұрын

Digital products sales have nothing more than websites and digital files as assets. Liabilities are nothing more than operating equipments... but couldn't a home and car be managed as an asset in a holding structure to protect them as assets and eliminate personal tax on income paid to myself for their purchase?