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An n d an r an L i f e S c i e n c e, I n c. Ankara Life Science, Inc. Vendor Assessment: STATING Consulting, Inc. Ankara Confidential Information: Internal Use Only Page 1 of 18A n d an r an L i
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A n d a stands for 'Notice and Declaration of Acquisition'. It is a form to report the acquisition of shares or assets of a Canadian business by a non-resident.
Non-residents who acquire shares or assets of a Canadian business are required to file a n d a with the Canadian government.
A n d a can be filled out online through the Canadian government's website or submitted by mail. It requires information about the non-resident, the Canadian business being acquired, and details of the acquisition.
The purpose of a n d a is to provide the Canadian government with information about foreign investments in Canadian businesses to ensure compliance with regulations and monitor foreign ownership.
Information such as the name and address of the non-resident, details of the Canadian business being acquired, the value of the acquisition, and the nature of the transaction must be reported on a n d a.
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