For NRIs in Canada
- Indian income tax returns and TDS refunds.
- Selling property in India — TDS, lower-TDS certificates and exemptions.
- Repatriation of up to USD 1 million a year, with Forms 145 and 146.
- Investing in India through GIFT City, AIFs or Indian startups.
For Canadian companies and founders
- Indian subsidiary setup, GCCs and transfer pricing.
- A fractional CFO covering the Canadian parent’s reporting and the Indian entity — working alongside your Canadian accountant.
India–Canada essentials
| Item | Position |
|---|---|
| Treaty cap on dividends from India | 15% (company with at least 10% voting power) / 25% |
| Interest | 15% |
| Royalties and technical fees | 10% (equipment) / 15% |
| Social security agreement | In force since 2015 (separate agreement with Quebec since 2017) — postings up to 60 months |
| Trade agreement (CEPA) | Negotiations relaunched in March 2026 and ongoing — not yet concluded |
Doing business in India from abroad?
Need anything done in India — checks, research, filings, tax or accounting? Your team on the ground in India.
Due diligence in IndiaFinancial, tax and FEMA due diligence on Indian companies for foreign investors and acquirers.Indian subsidiary complianceAccounting, tax, FEMA and ROC compliance for Indian subsidiaries — reported to the parent.India tax for foreign companiesWithholding, treaty relief (TRC, Form 41), PAN, PE reviews, returns and GST for foreign suppliers.India market entry researchFeasibility, regulatory mapping, cost and tax models, and partner research from public filings.
Frequently asked questions
What is the withholding tax on NRO interest for NRIs in Canada?
Indian TDS on NRO interest is 30% plus surcharge and cess by default; the India–Canada tax treaty caps tax on interest at 15%, available with a tax residency certificate and Form 41.
Is there an India–Canada trade agreement?
Not yet. India and Canada relaunched negotiations for a Comprehensive Economic Partnership Agreement in March 2026, and talks are ongoing.
Does India have a social security agreement with Canada?
Yes, in force since 1 August 2015, with a separate agreement with Quebec in force since 1 April 2017; posted workers can stay in their home scheme for up to 60 months.