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Offshore corporate structuring question

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Weird place to post a question like this, but I figure there is a huge variety of skillsets on this site.

With Bill 148 and all the changes, I am interesting in re-structuring my company to prevent future problems from arising.

Without getting into particulars, I have been researching E-Citizenship in Estonia https://e-resident.gov.ee/ Sounds crazy right?

But, for about 100 Euros I can create an e-citizenship in Europe (Estonia), then for about 200 Euros register a company with the EU.

The idea being I would have a small number of Canadian companies, each with 100% of the shares owned by the EU company.

Not looking to dodge taxes, and I pay my fair share, just certain parts of bill 148 around union organization makes me want to split my employees up into separate "silos"

what do you think?
 

Barca

Active member
Sep 8, 2008
2,062
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Weird place to post a question like this, but I figure there is a huge variety of skillsets on this site.

With Bill 148 and all the changes, I am interesting in re-structuring my company to prevent future problems from arising.

Without getting into particulars, I have been researching E-Citizenship in Estonia https://e-resident.gov.ee/ Sounds crazy right?

But, for about 100 Euros I can create an e-citizenship in Europe (Estonia), then for about 200 Euros register a company with the EU.

The idea being I would have a small number of Canadian companies, each with 100% of the shares owned by the EU company.

Not looking to dodge taxes, and I pay my fair share, just certain parts of bill 148 around union organization makes me want to split my employees up into separate "silos"

what do you think?
I might be missing something here but I don’t see how these things align.
 

PinotNoir

Fast Cars and Hot Women
Mar 6, 2015
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For tax purposes in Canada it is inconsequential where it he company is registered. It is taxed federally and provincially on where it does business. As a shareholder you are taxed where you are a resident. Declaring yourself a foreign resident is far more complicated than sending 100 euros to Estonia.
 

Barca

Active member
Sep 8, 2008
2,062
4
38
For tax purposes in Canada it is inconsequential where it he company is registered. It is taxed federally and provincially on where it does business. As a shareholder you are taxed where you are a resident. Declaring yourself a foreign resident is far more complicated than sending 100 euros to Estonia.
This is what I was thinking, but I was wondering if I missed something. The post is just so weird. Trying to split employees into “silos”. I’m not that versed in labour laws so I’m just going to watch and see.
 
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