Canada is located north of the United States and has two official languages, English and French. Canada is not an offshore country, but it is still easy to conduct business there given its respectable reputation, its banks possessing very good ratings, and its treaties with the U.S. that allow Canadian companies to penetrate the American market with its products and services. Moreover, Canadian law is flexible and not restrictive. Canadian companies do not necessarily have to be owned by residents. Additionally, these companies can be used as transit, nominee, or agent companies (mandatory). Owners can be shareholders of other foreign companies. Continue Reading