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Apr 8, 2016
Cross-Border Considerations for Canadian Startups
Startup Source's Mat Goldstein recently contributed to a Techvibes article, entitled "Cross-Border Considerations for Canadian Startups," which considers the benefits of setting up a cross-border corporate structure. The article examines a corporate structure known as the "Delaware Straddle." In a Delaware Straddle, two sisters companies owned by the same shareholders are established, one on each side of the Canadian/U.S. border. The strategy is aimed at maximizing advantages of operating in both jurisdictions, which includes better access to US investors and the ability to take advantage of Canadian tax incentive and government grants. Read the entire article here.