Arda Minassian, Lawyer, LL.M. Taxation, Senior Manager in Taxation and Head of International Mobility, present Mazars, a professional services firm specializing in certification, accounting, and tax and advisory services
WHAT DOES YOUR COMPANY DO?
Mazars is a professional services firm specializing in certification, accounting, and tax and advisory services. Our team consists of over 100 professionals who support SMEs, large private and public companies, NFPOs and individuals in all stages of their development.
Our firm is part of Mazars’ integrated international group serving our clients with a staff of over 14,000 experienced professionals covering 73 countries.
We can provide local expertise on a global scale!
WHO ARE YOUR CLIENTS?
Mazars can meet the business needs of all SMEs, large private and public companies, NFPOs and individuals—both locally and globally.
Our structure is client-focused. We provide business solutions tailored to every company’s industry and market, regardless of size or location.
WHAT MAKES YOUR COMPANY STAND OUT IN THE MONTRÉAL BUSINESS COMMUNITY?
We set ourselves apart by being close to our clients, through our cross-functional, multidisciplinary teams and our knowledge of the local and global business issues that companies must contend with. All these unique factors allow us to support our clients in all their business ventures throughout the world.
Our biggest asset is our international structure. We are only a phone call away from our colleagues and their resources across the globe. For example, our specialists participate in monthly calls with our colleagues abroad to discuss issues and best practices so we can always provide the best support to our clients and expand our network of contacts.
This streamlined internal structure allows us to quickly adapt to the market and to the needs of every one of our clients.
As the head of international mobility in Canada, I help foreign companies that want to invest in Canada and Canadian companies that want to set up abroad, by providing tax solutions that apply to international assignments. Specifically, I provide tax advisory services to both expatriates and Canadian employers relocating employees abroad or foreign employers transferring employees to Canada.
Three words that best describes Greater Montréal ?
Thriving art scene
WHAT ADVICE WOULD YOU GIVE A FOREIGN COMPANY THAT WANTS TO INVEST IN MONTRÉAL?
It is vital for companies to do sufficient planning prior to setting up abroad. It is important to get the right tax advice to avoid undesirable tax consequences that could impact the company or its employees.
Oftentimes, foreign companies that relocate employees to Canada are required to withhold income tax and payroll tax deductions in Canada. A sound understanding of social security agreements and their application may significantly reduce the costs related to international assignments.
A business that wants to succeed in that respect must also offer its employees the opportunity to obtain Canadian tax information related to their assignment in Canada or abroad to make it easier for them to understand and comply with the new tax system.