Info on starting a branch office of India in Toronto


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reachme   
Member since: Feb 04
Posts: 63
Location: Bangalore, India

Post ID: #PID Posted on: 17-09-04 01:16:25

Hi all !

I have finally recd my landing papers! For the record, the timeline is----

Got File number: May 2001
IELTS: Jan 2003
Interview waiver: 8 Mar 2004
Medicals recd: 12 June 2004
Medicals done: 30 June 2004
Submitted passports: 2 Aug 2004
E-cas status changed: 21 Aug 2004
Recd landing papers: 10 Sep 2004


Request you to give me some information and advice.
A couple of my friends and me run a manufacturing company of our own in India. Now we feel it would make immense business sense to open a branch office in Toronto to source business from there and from the North American continent. We have also initiated the process and have a couple of clients based in Toronto.
We have decided to set up a branch office in Toronto.Initially I would be working from home for a few months. My questions are

1. How would we inform the canadian govt that I have a job and am employed?

2. What documents would I need to carry with me from my company here?

3. Will my company in India also need a SIN number to transfer/send me my salary? If yes, What do I do until I get the SIN number? Is there a possibility I can get it earlier if produce a letter from my company stating i am working for them?

4. My company will transfer money to my account which will include my salary as well as expenses incurred for the company. But I presume that the entire amount will be taxed. What can i do to show that only part of that amount is my income and
the rest of the money is for expenses incurred?

I am planning to move by the end of October and would need to make necessary arrangements before i get there.

Thank you....



ayaskant   
Member since: Jun 04
Posts: 177
Location: Mississauga

Post ID: #PID Posted on: 17-09-04 07:06:17

reachme,

Congrats on finally receiving your landing papers. Wish you success in your trip and settlement. Incidentally, I am also from Bangalore. You can contact me on : 98451 17331.

:cheers:

Ayaskant.


Quote:
Orginally posted by reachme

Hi all !

I have finally recd my landing papers! For the record, the timeline is----

Got File number: May 2001
IELTS: Jan 2003
Interview waiver: 8 Mar 2004
Medicals recd: 12 June 2004
Medicals done: 30 June 2004
Submitted passports: 2 Aug 2004
E-cas status changed: 21 Aug 2004
Recd landing papers: 10 Sep 2004


Request you to give me some information and advice.
A couple of my friends and me run a manufacturing company of our own in India. Now we feel it would make immense business sense to open a branch office in Toronto to source business from there and from the North American continent. We have also initiated the process and have a couple of clients based in Toronto.
We have decided to set up a branch office in Toronto.Initially I would be working from home for a few months. My questions are

1. How would we inform the canadian govt that I have a job and am employed?

2. What documents would I need to carry with me from my company here?

3. Will my company in India also need a SIN number to transfer/send me my salary? If yes, What do I do until I get the SIN number? Is there a possibility I can get it earlier if produce a letter from my company stating i am working for them?

4. My company will transfer money to my account which will include my salary as well as expenses incurred for the company. But I presume that the entire amount will be taxed. What can i do to show that only part of that amount is my income and
the rest of the money is for expenses incurred?

I am planning to move by the end of October and would need to make necessary arrangements before i get there.

Thank you....


-----------------------------------------------------------------
Success

To laugh often and much;
To win the respect of intelligent people and the affection of children;
To earn the appreciation of honest critics and endure the betrayal of false friends;
To appreciate beauty, to find the best in others;
To leave the world a bit better, whether by a healthy child, a garden patch or a redeemed social condition;
To know even one life has breathed easier because you have lived.
This is to have succeeded. Bessie Stanley


Daks   
Member since: Mar 04
Posts: 157
Location: Toronto

Post ID: #PID Posted on: 17-09-04 11:42:18

You better consult a lawyer and an accountant for advise once you're in Canada.

Regards
Daks



reachme   
Member since: Feb 04
Posts: 63
Location: Bangalore, India

Post ID: #PID Posted on: 20-09-04 01:20:45

Thanks, Daks!
Ayaskant, i will get in touch with you....all the best to you!



ayaskant   
Member since: Jun 04
Posts: 177
Location: Mississauga

Post ID: #PID Posted on: 20-09-04 12:29:26


reachme,

Thanks.

:cheers:

Ayaskant.



Quote:
Orginally posted by reachme

Thanks, Daks!
Ayaskant, i will get in touch with you....all the best to you!


-----------------------------------------------------------------
Success

To laugh often and much;
To win the respect of intelligent people and the affection of children;
To earn the appreciation of honest critics and endure the betrayal of false friends;
To appreciate beauty, to find the best in others;
To leave the world a bit better, whether by a healthy child, a garden patch or a redeemed social condition;
To know even one life has breathed easier because you have lived.
This is to have succeeded. Bessie Stanley




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