Provincial Nominee Program - Canada PNP Business Plan. Provincial Nominee Program - Canada PNP Business P | Page 35

SAMPLE
COMPANY
28 Economic Benefit to Sample Province
Sample Chart
Year 1
Year 2
Year 3
Year 4
Year 5
The Company will make a positive impact on the economy of Sample Province. It is expected that
the Company will pay $XXX,XXX in payroll taxes in Year 1, increasing to $XXX,XXX in Year 5. The
Company will also pay $XXX in corporate tax in Yea r2, increasing to $XXX,XXX in Year 5. The
Company will pay $XXX,XXX total taxes in Year 1, increasing to $XXX,XXX in Year 5.
The Company will indirectly operate in a strategic economy sector because Internet of Things
solutions will help companies operating in industries such as manufacturing to lower costs and
improve processes.
It is estimated that the Company will include a value added process in Sample Province through
Internet of Things solutions and increase the outputs and export of its clients who will benefit
from increased efficiency.
The Company will also develop new Internet of Things solutions that can be applied to both
households and businesses. Such an innovative approach will help businesses in various
industries such as manufacturing, agriculture, and building management. Because Sample
Province is an underserved area when it comes to Internet of Things solutions, the Company will
enter the market in order to meet currently unfulfilled demand for Internet of Things solutions.
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