An offshore company in Canada – registration and documents preparation

To set up an offshore company and gain increased profits from it, you should choose the country where a foreign entrepreneur can conduct business activities without any taxes. One of the examples is an offshore company in Canada. This country is not deemed to be an offshore zone. Here you cannot even find any preferential tax treatment of foreign businessmen. However, in some provinces you can conduct your business activities without deductions to be paid to the country budget.

If you feel like establishing a firm in this country, please contact representatives of our company. We can help you in registering an offshore company. Moreover, we can offer you ready-made companies with the reliable history at the acceptable price.

A lot of entrepreneurs are eager to set up a firm within this country. Since that means that they start their activities in the country:

• With a high reputation;
• Without any currency exchange regulations;
• With a stable political situation.

Since Canada is not an official offshore zone, it is not on any black lists of other countries.

Most frequently, the following forms of incorporation are registered in Canada:

• Limited partnerships;
• Limited liability partnerships;
• corporations.

The first two types of entrepreneurship are the easiest versions of an offshore company in Canada. Both types of firms do not require partners to be residents, reporting submission as well as payment of the charter capital. They do not pay taxes, if they gain profit outside the country. The only difference between them is the type of partnership. To set up a limited partnership, you should register at least one General Partner and one limited liability partner. At the same time, the General Partner will be liable for the entire business, while other partners will bear responsibility only for the part they contributed.

Founders of limited liability partnerships have the same status and are responsible for their contribution portion.

Unlike partnerships, corporations shall submit reporting and pay taxes. However, no requirements for the charter or issued capital as well as for directors residency are filed to them. Moreover, no taxes on salaries of the non-resident employees shall be paid.

If you want to set up an offshore in Canada, please call us and get consultations of our specialists. After consulting, you will be able to use our support and assistance in registering a firm.