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 US border in the south to the Arctic Circle in the north.
Maira Consult recommends using companies incorporated in Canada to obtain a financial licence in Canada (MSB).
Canada is reputable and recognised as a reliable jurisdiction. If you register a company in Canada, you will have access to the promising opportunities and benefits that Canada offers to foreign entrepreneurs. Canada is one of the world's leading countries with a stable financial system and a high level of well-being of its citizens. Canadian companies have a solid reputation, which makes them effective partners in international business.
It is important to note that Canada is not a member of the Hague Convention of 5 October 1961, which simplifies the legalisation of foreign public documents. Consequently, there is no apostille procedure in Canada, and documents intended for foreign use must go through consular legalisation.
Our specialists know how to register a company in Canada and will provide you with highly qualified service and advise you on all issues.
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Absence of 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 USA market
The most popular form of company in Canada is a partnership (LP). LP companies must have a local secretary.
The name of the company must end with a word, phrase or abbreviation that indicates the form of the company.
The amount of the minimum share capital depends on the type of company.
LP company does not have a director, the company is managed by a general partner.
Minimum 2 partners, individuals or legal entities, no residency requirements. One of the partners must be appointed as the general partner, who bears unlimited liability for the LP's obligations and manages the partnership. The limited partner is liable only to the extent of the contribution to the partnership and does not participate in the management of the company. The relationship between the partners is governed by a partnership agreement, which is drafted depending on the needs and wishes of the partners.
In the case if the Canadian company does not conduct business in Canada and the LP partners are located outside of Canada, LP companies are not required to submit annual financial report. If the business is in Canada, the Canadian LP partnership is required to submit financial statements on country and federal level.
A Canadian partnership is not a subject of taxation if the LP does not operate in Canada, its partners are not tax residents of Canada, LP does not have a permanent establishment in Canada, does not receive income from Canada, LP does not have an account in a local Canadian bank.
The public availability of information about the company's beneficiary depends on the country in which the LP company is registered. Some provinces, such as Alberta, have a closed company registry, which allows for the confidentiality of the owner.
To incorporate a company in Canada, you first need to make a request to the Registry of Companies to verify the name. Once the name is confirmed, corporate documents are prepared.
Each member of the company must provide all KYC documents (passport, utility bill, bank reference, CV).
At this stage, online verification of each partner is carried out.
There is no requirement to form an authorized capital in Canada. If there is such a need, the authorized capital is formed after the company is registered in Canada.
Forms for company registration in Canada are submitted to the registry.
As soon as a company in Canada is registered, the registry issues corporate documents with a stamps.
Since Canada is not a member of the Hague Convention, Canadian company documents can be legalized at the consulate.
Original corporate documents of 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