
Comprehensive Support for Foreign Entrepreneurs
Expanding into a new market comes with unique challenges, but at Continental Prime Accounting, we make the process seamless. Our services mirror those available to Canadian corporations but with a specialized focus on the needs of foreign entrepreneurs. We provide expert guidance on navigating Canadian regulations, optimizing financial strategies, and ensuring full compliance so your business can thrive in the Canadian market.
- Regulatory Compliance
- Seamless Business Setup
- Limited Role, Full Security
- Defined Term & Proper Closure
- New Business Formation & Structuring
- Bookkeeping & Financial Reporting
- Corporate Tax Compliance & Advisory
- Payroll & Employee Remittance Management
- CRA Reviews & Appeals
What We Offer
Our Signature Service: Passive Nominee Canadian Resident Director Appointment
One of the biggest challenges for foreign entrepreneurs in Canada is meeting the requirement for a Canadian resident director. Our Passive Nominee Director (PND) Service provides a compliant, efficient solution that enables businesses to establish operations in Canada without the need for a local partner or shareholder.
- Regulatory Compliance – We provide a Canadian resident director to meet corporate governance and regulatory obligations.
- Seamless Business Setup – Our nominee appointment facilitates essential business registrations and compliance requirements.
- Limited Role, Full Security – The nominee acts strictly as a non-active director with no involvement in daily operations, management, or decision-making.
- Defined Term & Proper Closure – Once the business meets its necessary compliance milestones, the appointment is concluded, with all required legal filings handled smoothly.
Our Passive Nominee Director Service is the ideal solution for foreign entrepreneurs looking to establish a Canadian corporation efficiently while maintaining full control over their business.
Additional Services for Foreign Entrepreneurs
Alongside our premier Nominee Director Service, we provide a full range of corporate and financial services tailored to foreign-owned businesses:
New Business Formation & Structuring
We help foreign entrepreneurs establish their businesses in Canada by:
- Advising on the best business structure (corporation, branch, or subsidiary).
- Registering with Canadian authorities.
- Obtaining necessary licenses and tax accounts (GST/HST, payroll, corporate tax).
Proper structuring ensures legal compliance, tax efficiency, and protection of foreign investments.
Bookkeeping & Financial Reporting
We provide accurate and reliable financial reporting services to help foreign entrepreneurs manage their operations, including:
- Recording financial transactions and maintaining up-to-date records.
- Preparing unaudited financial statements.
- Ensuring compliance with Canadian accounting standards.
Corporate Tax Compliance & Advisory
Understanding Canadian tax obligations is crucial for foreign businesses. We provide:
- Tax advisory services, including cross-border tax implications.
- Corporate tax return preparation and filing (T2 filing).
- GST/HST compliance and remittance.
- Guidance on international tax treaties and minimizing double taxation.
Payroll & Employee Remittance Management
If your business hires employees in Canada, we ensure full payroll compliance, including:
- Payroll processing and wage calculations.
- Deductions and tax remittances (CPP, EI, income tax).
- Preparation and filing of T4 and other payroll-related slips.
CRA Reviews & Appeals
Foreign businesses may be subject to CRA reviews or inquiries. We assist in:
- Responding to CRA requests and preparing necessary documentation.
- Addressing compliance concerns and minimizing risks.
- Supporting appeals and dispute resolution when necessary.
Business Dissolution & Exit Strategies
If your business no longer requires a Canadian presence, we handle the full dissolution process, ensuring proper legal and financial closure at the provincial or federal level.
Workers’ Compensation & Employer Health Tax Filing
We assist in the preparation and filing of Workers’ Compensation (WCB/WSIB) and Employer Health Tax (EHT) reports, ensuring compliance with Canadian labor laws.
Annual Corporate Filings (Provincial & Federal)
We ensure foreign-owned corporations remain in good standing by managing required annual filings with provincial or federal authorities.