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Anne Sun

Newbie
Jan 22, 2016
2
0
Is there any foreign ownership restriction/limitation about a foreign company buy an existing Canadian company. What's the Maximum ownership a foreign company can have?
How can a foreign company set up its subsidiary or branch in Canada?
 
this question, I guess is geared more towards a CA or corporate law attorney.
 
You can buy and own up to 100% of Canadian company. You also can open a new 100% owned subsidiary in Canada. However, federal corp and some provincial corp require minimum 25% percent of directors to be Canadian Citizen or PR. BC, QC, Nova Scotia not require this.