Here is Why Canada Should Be Your Tech Company’s New Home

Tech companies spring up all over the world and many companies eventually look to expand their operations to other countries. Sobirovs Law Firm is showing the world that Canada should be the destination for your tech company’s business expansion!

Canada for Your Company

In Canada, your tech businesses can benefit from lower taxes, start-up subsidies and incentives, and a diverse tech talent pool! On an operational level, your business will save on operational costs which are 5% cheaper than in the US. On a business development level, Canada is a signatory to many international free trade treaties allowing your business to benefit from the ease of trade and investment. Proximity to the US and Latin American markets allows you to earn in US dollars and pay your staff in Canadian dollars. Quick savings right there!

Being a Canadian business, you can easily deal with clients from the US, Mexico, European Union, Australia, and several South American and Asian countries like Costa Rica, Chile, Columbia, Japan, Singapore, and many more! Canada has been consistently ranked by Forbes as one of the top countries to do business in! In fact, TechCrunch even listed Canada as North America’s up-and-coming start-up hub! This is not surprising as cities like Toronto, Vancouver, Montreal, and Ottawa are already homes to tech giants like Shopify, Wealthsimple, Coinsquare, and many others. Maybe it will also be a home to your tech company!

Canada for You, Your Family, and Your Employees

On a personal level, when you expand or move your company to Canada you and your family are eligible for residency statuses. This means that you and your family can benefit from the free Canadian healthcare system, attend world-renowned educational institutions, and explore this beautiful country. Not only your tech company will benefit from expanding or moving to Canada but so will you and your family! Plus, when you move your workforce to Canada, they will be able to benefit from all these good things, and that could increase your employee loyalty. You don’t want to lose your superstars to your competitions. So, keep them happy!

Success Stories

Here are some of their client success stories!

• One of Sobirovs Law Firm’s clients was a UK-based software company that was looking to relocate its headquarters to Canada due to economic instability in the post-Brexit era. Sobirovs Law Firm completed the entire process in less than 2 months!

• Another client, an Australian e-commerce start-up, that generates nearly $3.5 million/year in revenue pursued to expand its operation to Canada because it had a large North American clientele. Having a Canadian subsidiary allowed it to manage its operations more efficiently and benefit from the Canadian tax system as well as tech talent.

• An Indian IT company, which also chose Sobirovs Law Firm, was unsure whether to expand its business to Canada or the US. However, the welcoming business environment, lower cost of operations, and ease of business development through CETA and CUSMA (free trade agreements signed with EU, US, and Mexico) made it easy to choose Canada.

Sobirovs Law Firm can guide you and your tech company through the entire process of transferring your business operations to Canada. From your first contact with the lawyers to landing in Canada, the firm makes the entire process seamless, easy, and efficient! Additionally, the firm is able to guide you and your family to obtain permanent residency and eventually Canadian citizenship.

Make your move to Canada – a new home for your tech company and your family!