What this area covers: group consolidation in Canada
Group consolidation is one of 6 parts of our “Restructuring” practice. It covers the full cycle from initial scoping to operational launch, run by a single named partner from our Canada practice.
What it is in Canada: merging entities into a single ownership tree.
How we handle group consolidation
The “Group consolidation” project in Canada is structured as a 4-stage process run by a single named partner.
M&A support, voluntary dissolution, cross-border entity migration, and IP transfers — clean exits and clean moves.
The same desk that runs group consolidation handles your banking, bookkeeping, compliance and — where needed — your wind-down.INNOVA · Operating model
Why Canada
Canada is our primary launchpad for MSB registration and fintech projects. We know where you can genuinely open a corporate account, how to prepare a FINTRAC application to the regulator's requirements, and how to avoid the common pitfalls in provincial corporate law. A G7 country with a developed banking system, a broad network of tax treaties, and a bilingual operating environment.
A reliable regulatory environment
Banking ecosystem
Corporate tax 26.5% federal + provincial blended (Ontario)
Local execution, one plan
Why INNOVA
What changes for you when INNOVA runs the project. If a company or a second jurisdiction is not needed yet, we will say so plainly.
Turnkey, without the extra hassle
One window and one contract: we take the task whole, handle everything on your behalf with our own team and trusted contractors, and you buy the result. From you we need decisions and signatures; we get in touch only when the next step depends on you.
We handle banks and regulators
A bank refusal, a registry query, a regulator's request, a stalled deadline: we answer, rework the file and resubmit at no extra charge for our work until the matter is closed.
We see it through
The partner who opens your project carries it through to the result, even when the process runs for months, and stays on afterwards: renewals, filings, changes to the structure. Where the law requires a licensed professional, we bring one in and remain answerable to you.
A boutique, personally involved
We have worked in international business since 2012. An experienced partner runs your project personally, and unusual structures are our field: where you hear “that can't be done”, we look for the lawful route.
Your affairs stay yours
Information about you, your structure, your beneficial owners and your deals reaches neither competitors nor third parties. Banks, registries and regulators receive exactly what the law or the procedure requires, and the contract says so.
Faster and more precise
We build the file around the specific bank's and regulator's requirements before filing. Experience means we get the work right straight away, where some firms need three attempts. A partner replies in writing within 24 hours.
How the work is structured
A 4-stage process led by a single named partner — from scoping to the operational hand-over.
Diagnostics
Current state, objectives and constraints
Route design
Roadmap and tax position
Execution
Filings, transfers and closures
Liquidation
Final reporting and liquidation
What we need from you · what you get from us
What we need from you to begin — and what you walk away with. We won't pester you with needless questions: we already have most of the answers.
- Current entity structuredocumented
- Ownership and shareholdingverified
- Outstanding liabilitiesstated
- Tax position (current)reviewed
- Restructured entity layoutdocumented
- Intercompany agreementssigned
- Tax-clearance certificatewhere applicable
- Liquidation/strike-off (if needed)completed
- Final filings submittedregulator
Four ways to work together
We don't quote a fixed price without understanding your situation — cost depends on the complexity of your case. Send a written request or book a paid consultation, then we pick the right format.
Consultation
A paid 30-minute video consultation with a partner. We discuss your situation, define the project scope, and propose a structure and timeline.
Written analysis
A written consultation with a full review of the business — tax positioning, structure options, jurisdiction comparison, banking path. Turnaround: 5 business days.
Operating roadmap
For complex situations — multi-jurisdiction structures, regulated activity, founder relocation. A full plan with stages, dependencies, deliverables and timing.
Direct execution
You know what you need — we execute. No advisory mark-up and no discovery phase.
Fill in the questionnaire
Complete the online questionnaire: a partner studies your case and replies in writing within 24 hours.
Fill in the questionnaire
4 steps · a partner replies in writing within 24 hours.
A partner reads the questionnaire, replies in writing at the email you gave within 24 hours, then a written quote follows. Work starts after you accept it.
Frequently asked questions
The questions we're asked most often. If yours isn't here, a written request is the fastest way to get an answer.
Most “Group consolidation” projects in Canada run 3–6 months start to finish. The fastest stage is document filing; the longest is post-registration onboarding (banking, tax registration). A single named partner runs the project throughout.
Scope and price — project-based. Scope turns on the ownership structure, the number of jurisdictions involved and whether the activity is regulated. A fixed quote follows once we have scoped the task.
In most cases, no. The entire process runs remotely under a notarised power of attorney. A handful of jurisdictions require an in-person visit (typically biometrics for a residence permit) — we plan those as efficiently as possible.
A federal CBCA corporation is dissolved voluntarily — by filing Articles of Dissolution with Corporations Canada. First the company ceases business, settles creditor debts, distributes the remaining assets to shareholders, and obtains a tax clearance certificate from the CRA. Provincial corporations follow the same order, but with the provincial registrar. A clean dissolution runs 1–3 months.
A tax clearance certificate (Form TX19 / GST352) confirms a corporation has no outstanding federal tax liabilities. It’s required before assets are distributed to shareholders on wind-up, amalgamation, or assignment: without it, directors are personally liable for tax owing on the distributed assets. The CRA usually issues it within 4–8 weeks — provided returns are filed and balances paid.
A voluntary dissolution of a clean CBCA corporation takes 3–6 months: CRA tax clearance 4–8 weeks, plus final returns, closing corporate bank accounts, and filing Articles of Dissolution with Corporations Canada. Unfiled returns, CRA disputes, employee claims, or live contracts — and the process stretches to 12–24 months.
Group consolidation in other countries
The same service — in every jurisdiction we run. One desk, one standard.
