New Federal Requirement: Starting January 1, 2024, most business entities in the US will need to report Beneficial Ownership Information.
If a Canadian (Alberta resident) couple and American (California resident) couple set up a company (online business in worldwide marketplace), what country is most desirable for each couple and the business (from a taxation and ease of doing business)?
Dear Tim,
Unfortunately we specialize only in US incorporation, various business filing and licensing. In your case a comparison of two countries would require professional knowledge of the corporate and tax laws in Canada, which unfortunately we do not possess. In fact, I understand that you do not limit yourself to just the US and Canada, in which case you would need to consult with an offshore specialist.
With that being said, if the majority of your target audience is in the US you might want to consider forming your organization/company in one of the business friendlier US states. In fact, as your business grows you might want to consider forming legal entities in other countries as well, depending on various business factors.
(a) You made a typo in the card number, CCV code, expiration date, name or address;
(b) Your card balance is too low;
(c) Issuing bank has declined this transaction for some other reason related to your account.
