Sentences with phrase «ensure it's a real entity»

Not exact matches

Working with your financial quarterback, ensure that you've considered and, if appropriate, established the following: an entity to hold initial sales proceeds, an vehicle to hold personal real estate, an optimal entity and tax structure to pay any domestic employees and family office staff, vendor arrangements to facilitate continued compensation and benefits for retained employees and domestic staff, and an entity to hold any personal aircraft and autos.

Before applying for a business credit card, credit card companies will verify your business to ensure it's a real entity.

I suspect that this year FINTRAC is going to focus more on reporting compliance by real estate professionals and will also be directing its resources on ensuring that all reporting entities comply with counter terrorist financing obligations for the protection of all Canadians.

That's putting responsibility on financial institutions and others, including real estate professionals, to ensure they're not taking money from individuals or businesses on the federal government's list of restricted entities.