12th Floor, President Place Building 93 Nguyen Du, Ben Nghe Ward, District 1, HCMC
Compared to the G7 countries (France, Germany, Italy, Japan, United Kingdom, United States), Canada has the lowest cost of doing business and the lowest taxes. The country was also rated as the easiest to start a business in the G20.
According to the OECD Tax Database (April 2021), Canada's combined federal-provincial law corporate income tax stands at 26.2% in 2020.
In 2000, business investment tax in the country of maple leaves was 44.1%/year, but in 2020, this figure is only 13.8%/year. This is the lowest business investment tax rate in the group of G7 countries. Meanwhile, this figure in neighboring United States of America is 18.4%/year.
In addition, Canada also has the world's leading stable financial system with a banking system ranked 2nd in the G20 and 6 in the world's 50 most prestigious banks in Canada. This is an advantage for entrepreneurs investing in Canada.
There are 6 of the 50 most prestigious banks in the world in Canada
In recent years, Canada has always ranked high in the rankings of countries with the world's top quality of life. In addition to providing a stable job market, the country has always been at the forefront of human rights and social activities.
In addition, Canada also boasts a highly skilled workforce, low crime rates, and excellent education and health care systems.
The Canadian immigrant investor visa grants immigrants the right to permanent residence, in return, they must be eligible to invest in Canada.
The program aims to call on individuals with business experience to invest in the Canadian economy to increase employment and promote economic development in specific provinces or territories.
In addition to having access to a high standard of living, investors will also have access to leading healthcare and education services here. The investor's family can settle in Canada.
The whole family can come to Canada to enjoy permanent resident benefits
In addition to favorable domestic policies, investors also receive international opportunities, opening their way to five continents. As a result, an investor visa is one of the fastest routes to naturalization in Canada.
Alberta has always been one of the ideal places to invest in Canada. The province is Canada's second largest agricultural production region with a diverse landscape for farming, ranching and other industries.
British Columbia is the province that many Canadian investors choose because of its most flexible, diverse and competitive economy. The capital city is Vancouver, which is conveniently located with a modern transportation system, supporting global trade routes including the United States, Asia and Mexico.
In addition to receiving special support from the government, British Columbia has abundant and quality business resources with a well-educated workforce of more than 2.4 million.
Canada has 4 potential cities for Vietnamese entrepreneurs
If you're looking to start a business in smaller, more welcoming communities, then Manitoba is the province for you. Manitoba is a land blessed with safe, clean and friendly towns. The city of Winnipeg is increasingly famous around the world for its strong economy, low cost of living and high employment opportunities.
The cost of living in Manitoba is so low that 76% of immigrants become homeowners within the first five years of living in the province. This is one of many reasons why 95% of them settle permanently in Manitoba after immigrating to Canada.
The region has the most skilled workforce in Canada. 68% of adults living in Ontario have a post-secondary education, making it one of the most highly educated regions in the world.
Choosing Ontario to invest in Canadian immigration, businesses will enjoy lower business costs. In addition, corporate tax and health care and housing costs will also be lower than the common ground. As a result, Ontario's two largest cities, Toronto and Ottawa, are consistently ranked among the best places to live and work in the world.
If you want to learn more about Canadian immigration programs, please contact iCanfield at the Hotline below.
iCanfield Vietnam Immigration & Study Abroad Consulting Company
Address: 93 Nguyen Du, Ben Nghe Ward, District 1, HCMC
Hotline: 028.3822.0285
Call 028 3822 0285 If you need a quick consultation
