Bookkeeping, Tax preparation & Accounting Services for Technology Companies in Canada
It’s no secret that the Canadian cities of Calgary, Edmonton, Toronto, and Vancouver are hubs for new technology enterprises, particularly in the information and communications technology sector. Services to the technology industry are an important part of Bomcas Canada’s overall business strategy.
All types of technological enterprises are served by our organisation, including startups, new businesses, and established corporations. With a long history of collaboration with a varied spectrum of innovative technology companies, whether based in Canada or in the Silicon Valley of the United States of America, Bomcas Canada has a strong track record.
Bomcas Canada’s professional team of expert tax accountants provides financial statement audits, reviews, and compilation services to technology companies at every point of their growth, ensuring that their financial statements are consistent with Canadian and US accounting standards and regulations. Our tax accountants are well-versed in the tax regulations that apply on both sides of the United States-Mexico border, so they can assist you with your tax needs.
In addition to organisations that provide call centre services, mobile social media and communications, mobile solutions, and digital animation, our clientele includes enterprises that provide bioactive products and medical equipment. Companies that specialise in information technology products and services, such as video games and online human resource training, are among our clientele, as well.
Every piece of legislation that applies to the technology industry is well-understood by the accounting specialists at Bomcas Canada. If you require assistance with any of the following, please let us know and we would be happy to help you:
- Recognition of revenue.
- Measurement of share-based compensation.
- Treatment of complex financial instruments.
- Applying for tax credit incentives.
- Complying with regulatory standards and providing government support in obtaining or maintaining a public listing on Canadian and US stock exchanges.
- Considerations for cross-border and other tax planning.
- Obtaining the necessary financial data for annual accounting and tax return preparation. Advising on the accounting software to employ to do this.
Using the expertise of Bomcas Canada’s accounting specialists, you can be advised on which government grants and tax credit incentives to apply for, allowing you to take advantage of the most favourable tax credits and grants that are available.
As part of the Bomcas Canada service, we provide hands-on guidance and assistance with tax credit applications under the Scientific Research and Experimental Development (“SR&ED”), Small Business Venture Capital Act, and Interactive Digital Media programmes, which are among the most important components of the organization’s overall offering.
The accounting difficulties for technological businesses can be particularly complex due to the fact that they routinely borrow money using innovatively structured debt on equity agreements. These accounting problems are something that Bomcas Canada deals with on a regular basis, which is rare in the sector. That complex procedure can be made as simple as possible by working with our staff!
Industries Bomcas Canada Services
Agriculture and Food Services Accountant
Blockchain and Cryptocurrency Accountant
Cannabis Accounting Services
Construction Accounting Services
Craft Breweries Accountant
Financial Services Accountant
First Nations and Indigenous Accountant
Life Sciences Accountant
Manufacturing Accounting (Plus Distribution)
Mining and Exploration Accountant
Non resident investment in Canadian real estate
Oil & Gas Accounting
Real Estate Accountant
Technology Accountant