Good day beautiful people!
We are 3 Co founder. Canadian citizen. Like most, we are trying to give ONLY what's needed to these dysfunctional administrations called governments. Like you can find in the diagram below we are selling a services trough sales representative in various countries. We are in the Film/video production industry. (Unfortunately NOT P**N!
) The Post production is done in house here in Canada. Any ideas is welcome and we are not yet structure so its all fluid.
Limited partnership (LPs) in here in Canada do not have to produce income tax report as everything is done through the General partners (usually a Inc.) and the profits/losses are wind up to the Special Partners. If one of the Special partners is say a C corp based in Delaware it looks like an interesting loophole. I know that some countries also have special tax treatment of Film/videos endeavor. Maybe its interesting to add another SP say an Ireland based as an example?
Our challenges:
Cheers,
Jon
We are 3 Co founder. Canadian citizen. Like most, we are trying to give ONLY what's needed to these dysfunctional administrations called governments. Like you can find in the diagram below we are selling a services trough sales representative in various countries. We are in the Film/video production industry. (Unfortunately NOT P**N!
) The Post production is done in house here in Canada. Any ideas is welcome and we are not yet structure so its all fluid.Limited partnership (LPs) in here in Canada do not have to produce income tax report as everything is done through the General partners (usually a Inc.) and the profits/losses are wind up to the Special Partners. If one of the Special partners is say a C corp based in Delaware it looks like an interesting loophole. I know that some countries also have special tax treatment of Film/videos endeavor. Maybe its interesting to add another SP say an Ireland based as an example?
Our challenges:
- Reps are employees and they will most likely be citizen of their respective countries. Do we need to have subsidiaries in each countries?
- What could be the most efficient way to structure it if we do need a subsidiaries in each countries?
- Access to US VCs is paramount and I am under the impression that structuring it with Canadian/US company is more (business as usual) if can say? More ESG compliant ( I know it's horseshit but still some do care about that.
Cheers,
Jon
