Hello,
Looking to get into business with an established company in the States and start up a new corporation in Canada. At the moment we're looking at a 50-50 split. Before going this route, does anyone know if there are any issues (legal, tax, other) that make going this route complicated since we're doing this across borders. Ideally, I'd set up a new corporation in Canada and then the person in the States would buy shares of this company. Also, I'm not sure if this would constitute a franchise or not, but it looks like I'd be putting in at least half of the money to start this up and I would replicate their business model, although some areas won't be the same.
I'm at the VERY early stages of this, so I'm at the point where I can shape and mold things...
Any info is appreciated as I have no experience with this!
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