Canada’s competitiveness and highly developed economy are evidence of a friendly and open market in which entrepreneurs from all over the world can engage in a wide range of activities while benefiting from a variety of advantages adapted to the market’s demands and needs. With an FDI inflow of approximately $49 billion in 2016 and a nominal GDP of approximately $1.52 trillion, Canada is an economic force (10th among countries worldwide), and performant cities such as Ottawa (the capital of Canada), Vancouver, Montreal, Quebec, or Toronto are top business locations. Foreign investors can establish a variety of business structures, including corporations, partnerships, co-operatives, and sole proprietorships. In accordance with Canadian Commercial and Civil Laws, different conditions and requirements are imposed for each type of entity. Our team of Triumph Accounting Professionals can explain the requirements for starting a business in Canada and can also assist you when drafting the documents with the authorities in charge. You can contact us for more information on the procedures for forming a company in Canada.