Top Insight
Business Incorporation: A Key Strategy for Stable Operations
Incorporating a business provides significant advantages, including enhanced management stability, investment opportunities, tax efficiency, and business succession planning. Structuring a business as a corporation ensures continuity, facilitates systematic financial and operational management, and strengthens credibility, creating a solid foundation for sustainable growth.
Jan 30, 2025
Federal vs. Provincial Incorporation: Making the Right Choice
Federal incorporation offers nationwide legal protection and exclusive corporate name rights, making it ideal for businesses expanding across multiple provinces. Provincial incorporation is more cost-effective, simpler to manage, and better suited for businesses operating within a single province. The best choice depends on expansion plans, costs, and efficiency.
Feb 6, 2025
Canada's IT Talent 'Immigration Fast Pass': Strengthening Global Talent Acquisition
Canada launched an H-1B visa holder program in July 2023, filling within a day. Though ended, IT talent is still welcomed via PNP, easing permanent residency. Meanwhile, low-skilled worker restrictions are tightening, making immigration more selective. Canada prioritizes high-skilled talent to boost global competitiveness.
Feb 21, 2025
Canada Tax Guide: Regulations and Compliance
Businesses and individuals in Canada need to understand corporate tax, personal income tax, and GST/HST. Corporations file taxes within six months of the fiscal year-end, while GST/HST filing depends on annual revenue. Timely compliance and efficient tax management are essential. Rise Partners provides expert tax consulting to keep businesses compliant and structured.
Feb 14, 2025
Rise's Pick
Advantages of Incorporating in Canada
Incorporating in Canada enhances corporate credibility and facilitates global expansion. Businesses benefit from tax reductions and government incentives, reducing operational costs. Certain provinces allow non-residents to incorporate independently, offering greater international scalability. With a stable legal and financial system, Canada provides a predictable business environment that fosters sustainable growth.
Jan 24, 2025
BC Business Incorporation Checklist: The First Step to a Successful Business
Incorporating a business in British Columbia is a crucial step toward business growth and stable operations. However, the incorporation process involves meeting various legal requirements, and without a clear understanding of the procedures, unexpected challenges may arise. Rise Partners provides professional support to ensure a smooth and efficient incorporation process for our clients.
Feb 3, 2025
All Insight
Economic News
South Korea’s Inheritance Tax Burden Accelerates Business Relocation Abroad
South Korea’s inheritance tax rate, reaching up to 60%, is significantly higher than the OECD average of 26%, posing a considerable burden on businesses. This accelerates capital and talent outflows, complicating succession for SMEs. Experts suggest adopting an inheritance acquisition tax and easing requirements to prevent further corporate relocation.
Feb 27, 2025
Tax & Accounting
2025 Canada Tax Updates
2025 Canada Tax Update! Federal tax brackets have been adjusted for inflation, but rates remain unchanged. The proposed capital gains tax increase is on hold. Key changes include higher personal exemptions, adjusted pension and EI contributions, and updates to savings limits. The prescribed interest rate has been lowered. Stay informed!
Feb 25, 2025
Immigration News
Canada's IT Talent 'Immigration Fast Pass': Strengthening Global Talent Acquisition
Canada launched an H-1B visa holder program in July 2023, filling within a day. Though ended, IT talent is still welcomed via PNP, easing permanent residency. Meanwhile, low-skilled worker restrictions are tightening, making immigration more selective. Canada prioritizes high-skilled talent to boost global competitiveness.
Feb 21, 2025
Global Market
How U.S. Tax Changes at the End of 2025 Could Impact Businesses and Strategic Responses
At the end of 2025, several U.S. tax benefits are set to expire, posing potential challenges for businesses engaged in transactions with the U.S. or operating within the country. Companies in industries closely tied to the U.S. economy—such as manufacturing, automotive, technology, renewable energy, media, and telecommunications—should be particularly mindful of these upcoming changes.
Feb 20, 2025
Immigration News
Wages of New Immigrants in Canada Increase by 74% Over a Decade (Source: The Vancouver Korean Press)
'Wages of New Immigrants in Canada Rise by 74%, Gender Pay Gap Narrows' According to Statistics Canada, the median entry wage of new immigrants increased by 74.1%, from $25,900 in 2013 to $45,100 in 2022. The expansion of the Canadian Experience Class (CEC) program post-COVID-19 significantly contributed to this growth. Additionally, female immigrants’ wages grew 13.2%, three times faster than males (3.8%), reducing the gender pay gap from 36.7% in 2013 to 24.4% in 2022. Over time, immigrants’ wages continue to rise, indicating a positive long-term trend.
Feb 17, 2025
Tax & Accounting
Canada Tax Guide: Regulations and Compliance
Businesses and individuals in Canada need to understand corporate tax, personal income tax, and GST/HST. Corporations file taxes within six months of the fiscal year-end, while GST/HST filing depends on annual revenue. Timely compliance and efficient tax management are essential. Rise Partners provides expert tax consulting to keep businesses compliant and structured.
Feb 14, 2025
Business Incorporation
Named vs. Numbered Corporation: What’s the Best Fit for Your Business?
Choosing a corporate name is a crucial decision for incorporation in Canada. A Numbered Corporation allows for quick and easy registration but lacks brand distinction. A Named Corporation helps establish a recognizable brand but requires a name approval process. Businesses should carefully consider their goals and operational needs when making this choice.
Feb 10, 2025
Business Incorporation
Federal vs. Provincial Incorporation: Making the Right Choice
Federal incorporation offers nationwide legal protection and exclusive corporate name rights, making it ideal for businesses expanding across multiple provinces. Provincial incorporation is more cost-effective, simpler to manage, and better suited for businesses operating within a single province. The best choice depends on expansion plans, costs, and efficiency.
Feb 6, 2025
Business Incorporation
BC Business Incorporation Checklist: The First Step to a Successful Business
Incorporating a business in British Columbia is a crucial step toward business growth and stable operations. However, the incorporation process involves meeting various legal requirements, and without a clear understanding of the procedures, unexpected challenges may arise. Rise Partners provides professional support to ensure a smooth and efficient incorporation process for our clients.
Feb 3, 2025
Business Incorporation
Business Incorporation: A Key Strategy for Stable Operations
Incorporating a business provides significant advantages, including enhanced management stability, investment opportunities, tax efficiency, and business succession planning. Structuring a business as a corporation ensures continuity, facilitates systematic financial and operational management, and strengthens credibility, creating a solid foundation for sustainable growth.
Jan 30, 2025
Global Market
Canada as a Global Business Hub: Proven Competitiveness (Source: Mercer, 2024 City Ranking)
In Mercer’s _Quality of Living City Ranking 2024_, Canadian cities such as Vancouver, Toronto, Montreal, and Ottawa excelled in stability, healthcare, education, and infrastructure. This underscores Canada’s reputation as a competitive, stable environment for global business and growth.
Jan 28, 2025
Business Incorporation
Advantages of Incorporating in Canada
Incorporating in Canada enhances corporate credibility and facilitates global expansion. Businesses benefit from tax reductions and government incentives, reducing operational costs. Certain provinces allow non-residents to incorporate independently, offering greater international scalability. With a stable legal and financial system, Canada provides a predictable business environment that fosters sustainable growth.
Jan 24, 2025