Registration fee is from 2200 €
Registration period — 3 weeks
Minimum authorized capital - not established
Remote opening — yes
Financial statements — no
Canada is a North American country stretching from the border with the US in the south to the Arctic Circle in the north.
Maira Consult recommends using companies registered in Canada to obtain a financial license in Canada (MSB): in this case, the company conducts genuine licensed activity with registration in FINTRAC and corresponding reporting. If, however, the goal is a structure without activity within Canada (for example, for international trade outside Canada), a different regime applies, detailed in the "Taxation" section below.
Canada is a G7 member and one of the most stable economies in the world, giving a Canadian partnership (LP) a reputational advantage unavailable to classic offshore jurisdictions. Unlike traditional tax-free zones, registering an LP in Canada allows international business to be conducted under the jurisdiction of a G7 country while preserving the structure's tax transparency: if the partners are non-residents of Canada and the activity is carried out outside the country, profit is taxed only at the level of the partners, according to their tax residency.
The most common provinces for LP registration are Ontario, British Columbia, and Alberta, each with its own features regarding the publicity of the register and reporting requirements. Registering an LP in Canada is especially in demand for international trade, consulting services, and structures that need the reputation of a developed jurisdiction without corporate taxation at the level of the partnership itself.
Canada enjoys authority and recognition as a reliable jurisdiction. Registering a company in Canada opens up promising opportunities and advantages that Canada offers foreign entrepreneurs. Canadian companies have a solid reputation, making them effective partners in international business.
It is important to note that Canada is a party to the Hague Convention of October 5, 1961. This means that documents intended for use abroad are legalized through a simplified procedure, by affixing an apostille, without the need for consular legalization (except in cases where the document is intended for a country that is not a party to the convention).
Our specialists know how to register a company in Canada and will provide highly qualified service and advise you on any questions you may have.
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No taxes
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Prestigious jurisdiction
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Closed register of owners
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Canada is not an offshore
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Access to the US market
One of the most common corporate forms in Canada is the limited partnership (LP). Such companies are required to have a local secretary.
The company name must include a word or abbreviation indicating its legal form.
The minimum share capital in Canada varies depending on the corporate form chosen.
In LP structures there is no director role; the company is managed by the general partner.
A minimum of 2 partners, either individuals or legal entities, is required, with no residency requirements. One of the partners must be appointed general partner, who bears unlimited liability for the LP's obligations and manages the partnership. A limited partner is liable only to the extent of their contribution to the partnership and does not take part in managing the company. The relationship between the partners is governed by a partnership agreement, drawn up according to the partners' needs and preferences.
Provided that the Canadian company does not conduct business within Canada and the LP's partners are located outside Canada, the LP is not required to file an annual financial report. If the business is conducted within the country, the Canadian LP is required to file financial statements at the provincial and federal level.
A Canadian partnership (LP) is traditionally regarded as a tax-transparent structure: provided there is no activity within Canada and the partners are non-residents, the partners themselves are subject to taxation at their place of tax residence. Tax rules for non-resident structures may vary depending on the province of registration and are periodically updated, we recommend confirming the current status individually for your business structure at the registration preparation stage.
Public availability of information about the beneficiary of an LP company depends on the province in which the LP is registered, disclosure requirements differ between provinces and may change over time. We confirm the current level of confidentiality for each specific province at the stage of choosing the jurisdiction of registration.
Before registering a company in Canada, it is necessary to submit a request to the registry to check the availability of the chosen name. Once it is confirmed, preparation of the corporate documents begins.
Each member of the company is required to provide a complete set of KYC documents, which includes: a passport, proof of residential address (utility bill), a bank reference, and a CV.
At this stage, all partners undergo verification through an online verification system.
There are no mandatory requirements for forming share capital. If needed, it can be created after the company registration in Canada is completed.
The forms for company registration in Canada are submitted to the registry.
After the company is registered in Canada, the registry issues corporate documents bearing the relevant seals.
If needed, the documents of the Canadian company are legalized by affixing an apostille. Canada is a party to the Hague Convention, which significantly simplifies and speeds up the process compared to consular legalization.
The original corporate documents of the Canadian company are sent by courier service.
Phone
+380 97 527-66-30Client Relations Department
+380 73 427-66-30Address
Kyiv, 01054, Ukraine,
40B Ivan Franko St., office 207
Legal information
MAIRA LLC
EDRPOU code: 38202700
Jurisdiction: Ukraine
Working hours
Monday – Friday: 09:00 – 18:00
Saturday – Sunday: closed
We respond to inquiries within 15–30 minutes during working hours