Incorporation and Startup in Canada
Ideas
Incorporation
BC PNP EI
- Regional stream
- establish an eligible new business aligned with the priorities of the referring community
- show business and/or management experience
- have a personal net worth of at least CAD$300,000
- make an eligible personal investment of at least CAD$100,000 in the business
- create at least one new full-time job for a Canadian citizen or permanent resident
- demonstrate a minimum language proficiency of Canadian Language Benchmark (CLB) 4
- have, or be eligible for, legal immigration status in Canada
- have been lawfully admitted in the country where you currently live
- The following types of businesses are ineligible under the BC PNP:
- an immigration-linked investment scheme pursuant to Provincial Immigration Programs Regulation section 6(e) and the Immigration and Refugee Protection Regulations (IRPR) section 87(5)(b) and as defined in IRPR 87(9)
- any business where the terms of investment include a redemption option pursuant to IRPR 87(6)(d)
- any business that may be a passive investment pursuant to IRPR 87(6)(c)
- bed and breakfasts, hobby farms and home-based businesses
- payday loan, cheque cashing, money changing and cash machine businesses
- pawnbrokers
- tanning salons
- DVD rental stores
- coin-operated laundries
- automated car wash operations
- scrap metal recycling
- businesses selling used goods (excluding businesses that provide value-added services such as repairs, refurbishing or recycling)
- real estate development/brokerage, insurance brokerage or business brokerage
- real estate development activities
- goods trading businesses (e.g. import/export), unless value add is demonstrated
Business Licenses
Office