Establishing a Money Services Business in Canada involves considerably more than incorporating a Canadian company. Entrepreneurs entering the payments, money transmission, foreign exchange, or virtual currency sectors must build both a corporate structure and a regulatory compliance framework appropriate to their activities. For businesses establishing their corporation in British Columbia, one of the first practical […]
Tag Archives | FINTRAC Compliance
How Ecompanies Canada Delivers FINTRAC Agent for Service
Registering as a Money Services Business in Canada is only the beginning. The harder, longer-lasting question is what happens after registration — when FINTRAC sends a compliance inquiry, schedules an examination, or simply expects a foreign MSB to remain reachable and responsive for as long as it operates in the country. That ongoing relationship runs […]
The Ultimate Guide to Registered Agent Services for FINTRAC in Canada
The Ultimate Guide to Registered Agent Services for FINTRAC in Canada Every Money Services Business (MSB) entering Canada eventually runs into the same requirement, buried a few pages into FINTRAC’s registration checklist: appoint an Agent for Service in Canada. On paper, it looks almost identical to the provincial registered agent requirement every corporation already knows […]