Answers to common questions about non-resident company formation, banking documentation, director requirements, and government fees.
Can I open a company if I do not live in Canada or the U.S.?
Yes, many Canada and U.S. company setup paths are available to non-residents. Eligibility depends on your country of residence, business activity and documentation.
Can I open a company if I do not live in Canada or the U.S.?
Yes, many Canada and U.S. company setup paths are available to non-residents. Eligibility depends on your country, business activity, documents, and chosen structure.
Which is better for me: Canada or the U.S.?
It depends on your business goal, customers, banking needs, payment platforms, and tax and compliance situation. We walk you through the comparison before you pay anything.
Which is better for me: Canada or the U.S.?
It depends on your business goal, customers, banking needs, payment platforms, and tax/compliance situation. The setup quiz helps point you to the best path.
Do you guarantee a bank account?
No. CrossPoint is not a bank and does not guarantee approval. We provide banking documentation guidance and help prepare your application, but every institution makes its own decision.
Do you guarantee a bank account?
No. CrossPoint is not a bank and does not guarantee approval. We provide banking documentation guidance, help you prepare documentation, and explain eligible options. Final approval is always determined by each financial institution.
What documents will I need?
Usually government ID such as a passport, contact details, business activity details, and formation details such as the company name and structure.
What documents will I need?
Usually you will need government ID such as a passport, contact details, business activity details, and formation information. Extra documents may be required depending on the bank, jurisdiction, or service provider.
How long does the process usually take?
Formation timing depends on the country, state, province and government processing. Banking and payment platform steps come after formation and take longer.
How long does the process usually take?
Formation timing depends on the country, state, province, and government processing. Banking and payment-platform reviews can take longer and are controlled by third-party providers.
Do I need a resident director for a Canadian corporation?
It depends on the jurisdiction. Some Canadian jurisdictions allow fully non-resident directors; others require resident directors. We confirm the rule for your chosen jurisdiction before filing.
Do I need a resident director for a Canadian corporation?
It depends on the jurisdiction. Some Canadian jurisdictions allow fully non-resident ownership and directorship, while others have director-residency rules. We help you choose a jurisdiction that fits your situation and confirm the current requirement before filing.
Can I use my company for Amazon, Shopify, or Stripe?
Many non-residents form a company specifically for these platforms. Each platform sets its own requirements and makes its own approval decision.
Can I use my company for Amazon, Shopify, or Stripe?
Many non-residents form a company specifically for these platforms. Each platform sets its own eligibility, verification, and country requirements and makes its own approval decisions; we help you prepare the company documents these platforms typically request.
Are government fees included?
Government filing fees are charged separately at cost and confirmed before payment. This applies to Canadian government filing fees, U.S. state fees and other third-party costs.
Are government fees included?
Government filing fees are charged separately at cost and confirmed before payment. This applies to Canadian government filing fees, U.S. state fees, and other third-party costs.