Moving my British business to Toronto?
#1
Just Joined
Thread Starter
Joined: Mar 2012
Posts: 5
Moving my British business to Toronto?
Hi all,
Me and my partner run a digital agency in the UK, and have been for the last couple of years. We do web design, PPC, social media marketing etc.
Over the last year it has been a real struggle and more and more small businesses unable to pay, going out of business and the like.
We were wondering what the legality would be of moving to Toronto to focus the business there while still working on the remaining UK projects remotely? Everything I have read says the Canadian economy is strong and while I am well aware it certainly wouldn't be easy, I feel there may be greater opportunities over there for the company to succeed and grow. Certainly in the interim.
Do we open a Canadian "branch"? Do we incorporated and a Ltd company? a sole trader (or similar)?
Just really looking for advice on how best to do it, and the leagility of it all so I can make a proper assessment on it.
Any advice or info would be hugely appreciated!
Cheers
C
p.s Just got accepted on the IEC program so would initially be going out on that, extending it to 2 years and taking it from there.
Me and my partner run a digital agency in the UK, and have been for the last couple of years. We do web design, PPC, social media marketing etc.
Over the last year it has been a real struggle and more and more small businesses unable to pay, going out of business and the like.
We were wondering what the legality would be of moving to Toronto to focus the business there while still working on the remaining UK projects remotely? Everything I have read says the Canadian economy is strong and while I am well aware it certainly wouldn't be easy, I feel there may be greater opportunities over there for the company to succeed and grow. Certainly in the interim.
Do we open a Canadian "branch"? Do we incorporated and a Ltd company? a sole trader (or similar)?
Just really looking for advice on how best to do it, and the leagility of it all so I can make a proper assessment on it.
Any advice or info would be hugely appreciated!
Cheers
C
p.s Just got accepted on the IEC program so would initially be going out on that, extending it to 2 years and taking it from there.
#2
Lost in BE Cyberspace
Joined: Nov 2011
Location: Somewhere between Vancouver & St Johns
Posts: 19,849
Re: Moving my British business to Toronto?
#3
Re: Moving my British business to Toronto?
You might want something more substantial than 'feelings' to launch a business on.
#4
Just Joined
Thread Starter
Joined: Mar 2012
Posts: 5
Re: Moving my British business to Toronto?
Do you have evidence it'll be any different here? I'm in a similar line of work (client side), and have seen various suppliers/contractors on the west coast and in Toronto struggle over the past 5 years or so.
You might want something more substantial than 'feelings' to launch a business on.
You might want something more substantial than 'feelings' to launch a business on.