Question:

What can I do with my holding company?

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I am the sole shareholder of a holding company duly incorporated in Canada, which I set up to collect dividends from company X of which I am one of the three partners. I have money in the holding company, and I now decided to leave company X. I am in the consulting business. Can I use my holding company to do consulting? What business expenses can I pay with the money in my holding company?

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  1. ...and you can't afford to take a hot shower??

    LOL!   I live in Whitehorse so I know where you're coming from...

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