3 ms·
I think we need more details, because the same can be applied to the Delaware C-Corp. 1- Registered agent: I'm assuming you live in BC, Canada. If that was the
by csomar 6y ago
I think we need more details, because the same can be applied to the Delaware C-Corp.
1- Registered agent: I'm assuming you live in BC, Canada. If that was the case in Delaware, you shouldn't need a registered agent.
2- Franchise Tax: Can be minimized to $225 according to OP blog post. But you are not specifying whether you incorporated an LLC-equivalent or a C-Corp-equivalent.
3- Filing Taxes: This is a tricky one. You are comfortable with taxes in Canada, and probably also making a balance sheet. US taxes might seem complicated (and scary!) but you probably can get comfortable with them. The additional form that the OP is submitting is related to him being non-resident. I assume Canada has also its rules about non-residents.
So in total: $50 vs. $225. Seems negligible to me to care about.
- ska 6y agoBy the language they are using, it's roughly equivalent to a C corp, the thing closest to an LLC is what they call a "sole proprietorship" in BC, unless I've missed something. Typically there you would register in the province you are doing business in, or multiply in the case you are doing business across the country. FWIW Canadian and US taxes are roughly equivalently complicated in my experience.