Company Formation in Canada (LP)

Company Formation in Canada (LP) banner
Banner 1
0% tax
Banner 2
5-10 working days
Banner 3
from 1.600 €

Cost company formation in Canada LP

Basic Package

Turnkey company formation, Everything you need to get off the ground. Start now!

from 1.600 € Initial set up
no maintenance Maintenance per month
  • Turnkey Company Formation
  • Company contact person
  • Registered legal company address for 1 year
  • Remote incorporation
Medium Package

Full turnkey company formation. Most of our clients go for this standard package!

On request Initial set up
  • Turnkey Company Formation
  • Company contact person
  • Registered legal company address for 1 year
  • Remote incorporation
  • Notary Services
  • Company Secretary
  • Nominee Shareholder
  • Nominee director
Full Package

Full turnkey company formation and support in all necessary aspects. Customized pricing for services you require!

On request Initial set up
  • Turnkey Company Formation
  • Company contact person
  • Registered legal company address for 1 year
  • Remote incorporation
  • Notary Services
  • Company Secretary
  • Nominee Shareholder
  • Nominee director
  • Accounting for 1 year
  • Long-term POA
  • Apostilled set of documents
  • Additional legal support
  • Corporate Account

Incorporation Assistance in Canada LP - Free Consultation

Kirill Gussev photo
Kirill Gussev Corporate Service Professional

How to start

Step icon
1. Choose a jurisdiction
Step icon
2. Pick a bank
Step icon
3. Pay for the service using a suitable method
Step icon
4. Receive credentials of your new legal entity
Step icon
5. Get credentials of your opened bank account
Step icon
6. Receive a package with documents delivered to you

Top 5 Advantages of company registration in Canada

  1. 0% Tax on profit realized outside of Canada
  2. Highly regarded jurisdiction in terms of reputation and stability
  3. Possibility to stay anonymous on the register
  4. No accounting nor reports nor tax returns
  5. Easy to manage remotely


How long does it take to register a Company in Canada LP?

  • 5-10 working days
  • Can be done remotely in the span of two weeks

What are the steps to register a company in Canada LP?

The registration process of a company in Company Formation in Canada is very simple. The experts of LegalBison will assist you throughout every step of it:
  1. Initial consultation and agreement
  2. Payment of the full invoice
  3. [IF REMOTELY]: Notarization of POA by client
  4. Preparation of registration documents
  5. Document signed at the notary
  6. Official register validity: immediately


How high are the corporate income tax in Canada?

The limited partnership is seen as a «flow-through» structure, which means it is not liable to any corporate taxes.
  • The partners are liable to pay an income tax to the Canadian Tax Administration if they are resident of Canada and/or if the profits have been generated on the soil of Canada
  • Therefore, profits generated out of Ireland attributed to partners also out of Canada will not be taxed

What Double-tax treaties has Canada LP?

Many countries have bilateral conventions to avoid double taxation and prevent fiscal evasion Algeria, Argentina, Armenia, Australia, Austria, Azerbaijan, Bangladesh, Barbados, Belgium, Brazil, Bulgaria, Cameroon, Chile, China (PRC)1, Colombia, Croatia, Cyprus, Czech Republic, Denmark, Dominican Republic, Ecuador, Egypt, Estonia, Finland, France, Gabon, Germany, Greece, Guyana, Hong Kong, Hungary, Iceland, India, Indonesia, Ireland, Israel, Italy, Ivory Coast, Jamaica, Japan, Jordan, Kazakhstan, Kenya, Korea, Rep of, Kuwait, Kyrgyzstan, Latvia, Lithuania, Luxembourg, Madagascar, Malaysia, Malta, Mexico, Moldova, Mongolia, Morocco, Netherlands, New Zealand, Nigeria, Norway, Oman, Pakistan, Papua New Guinea, Peru, Philippines, Poland, Portugal, Romania, Russia, Senegal, Serbia, Singapore, Slovak Republic, Slovenia, South Africa, Spain, Sri Lanka, Sweden, Switzerland, Taiwan2, Tanzania, Thailand, Trinidad & Tobago, Tunisia, Turkey, Ukraine, United Arab Emirates, United Kingdom, United States, Uzbekistan, Venezuela, Vietnam, Zambia, Zimbabwe Status: Q1 2021 Tax Information Exchange Agreement: Anguilla, The Bahamas, Bermuda, Cayman Islands, Dominica, Isle of Man, Netherlands Antilles, San Marino, St. Kitts and Nevis, St. Vincent and theGrenadines, Turks and Caicos Island

Decide first

  1. What is your objective by setting up a limited partnership?
  2. Do you want to buy a ready-made partnership or start a new one?
  3. Do you want your name to be hidden in the registry?

Documents to provide for company registration in Canada

  • Passport copies (a scan) of all individuals above, also beneficiary owner if applicable
  • A Power of Attorney (in case of a remote company registration)
  • Certified company documents (in case at least one of the shareholders is going to be a foreign company)

Information needed to get company registration in Canada

  • 3 options of your desired name for the company and a company contact email address
  • Names, addresses and emails of all shareholders and board members
  • Short description of your companies’ activity

Remote incorporation

  • The whole incorporation process can be conducted remotely. No travel necessary. Notarization of documents is necessary
  • A Power of Attorney (POA) from (all) partners is needed
  • The POA is sent to you by us based on the services you want
  • You have to certify the POA by a notary and in some cases legalize it by apostille (some countries need full legalization)
  • Once you have the POA on your hands, we double-check, and you send us the original form (physical document!) via courier to our address
  • Canada is not part of the Hague Convention of the Apostille

Accounting and auditing

Since they are not considered as a separate legal entity, the Limited Partnerships are not liable to file any kind of return to the administrations.

Residential requirements

What are the residential requirements in Canada LP?

  • There are no residential requirements for a limited partnership
  • 100% foreign ownership is allowed
  • A limited partnership is not required to have a physical office in Canada but has to have a registered address, and PO boxes are not allowed
  • The use of nominee partners is allowed
LegalBison offers help with all of the above requirements. We assist and are local on ground. Speak now for free with one of our consultants to get your business started.

FAQs about company registration in Canada

What are the advantages of a Canadian LP?
Will my name appear on the Canadian partnerships' register?
What is a good alternative to an Canadian LP?
What is the difference between LLC and Limited Partnership?

Alternative to Company Formation in Canada (LP)

Company Formation in the Czech Republic image
Company in Czech Republic from 3.000 €
  • Very low tax
  • Foreigner friendly
  • Everything remote
More info
Forex License in Vanuatu image
Forex License in Vanuatu on request
  • 0% tax
  • Perfect to begin with
  • Easy process
More info
Company Formation in Hong Kong image
Company in Hong Kong from 750 €
  • Ideal offshore jurisdiction
  • Advantageous taxation
  • Fast and cheap process
More info
Company Formation in Hungary image
Company in Hungary from 2.000 €
  • Lowest tax rate in the EU
  • Favorable for business
  • Simple and fast
More info
Company Formation in Lithuania image
Company in Lithuania from 1.290 €
  • Very business friendly
  • Competitive tax rates
  • A growing EU economy
More info
We use cookies to enhance your browsing experience, serve personalized ads or content, and analyze our traffic. By staying on our website, you consent to our use of cookies and our privacy policy. Visit our privacy policy for more info.