Delaware flip

Also called us flip, flip up, redomicile to delaware

What is a delaware flip?

A reorganization in which a new Delaware corporation becomes the parent of a Canadian startup and the shareholders end up holding shares of the US company. It can trigger tax for Canadian shareholders unless it is structured carefully, and the Canadian company usually stops being a CCPC.

Questions about how this applies to you? Book a free 15-minute call.

General information about Ontario and Canadian law, not legal advice. All terms