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About SP Sports Clothing and Accessories Manufacturing Company:
A medium-sized company manufactures sports clothing and accessories. The company invests in various sewing, printing, and cutting machines to meet international demand in clothing manufacturing.
Opportunities
- SP companies want to approach the Canadian market directly due to its advantages in terms of prices and high demand for clothing manufacturing.
Challenges
- Do not have a company in Canada to operate on behalf of SP and to promote products.
- Not officially a Canadian business, so no tax benefit gained.
- Do not know the requirements and processes required to operate in Canada.
Goals
- Open a company in Canada to consult and sell clothing and accessories directly to D2C and B2B.
- Hire a fulfillment center in Canada to become an intermediary for shipping products to customers, to save costs and manage products easily.
- Obtain information and requirements from customers regarding clothing and accessories they desire through a website developed in Canada.
Solutions
Recommended business package: Growth, Market, and part of the Trade package.
- Opening a company and having a representative in Canada are to receive payment from Canadian customers and optimize corporate tax, incorporating under CCPC, will be the best choice.
- Direct and online marketing: approaching local customers and promoting variety, matching Canadian style and demand.
- Handling operating reports on behalf of SP Company: responsible for preparing and submitting reports to the government as required to operate officially in Canada.
- Copyright and Import Account Registration: to legally import clothing and accessories from Vietnam to Canada.