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How Holding a Company is Advantageous to Small Businesses

How Holding a Company is Advantageous to Small Businesses

Submitted by • October 26, 2019 www.dfd-cpa.ca

How Holding Companies are Advantageous to Small Business Owners: In Canada, as other places in the world, the smaller businesses have a low survival rate, more specifically small businesses and medium sized businesses. Industry Canada claims only 51 percent of these sized business are able to survive and last longer than five years. Efficient planning from a tax perspective, by using holding companies, is one of the factors that attribute to the successful endurance and survival of these businesses.

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