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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 prices and high demand for clothes 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 requirement and process 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 easy to manage products. Get information and requirements of customers about clothing and accessories they want 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 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.