LIMITED PARTNERSHIP COMPANY FORMATION IN ONTARIO CANADA
COMPANY FORMATION INCL. COMPLETE DOCUMENTATION
With Privacy Management Group you will receive a complete Company-Kit after company formation, which already includes all the important documents for your Limited Partnership in Canada. Without any additional costs!
MULTILINGUAL AND COMPREHENSIVE ADVICE
Privacy Management Group with its multilingual advisers, speaking your language, does not only make company formation easy and convenient but offers continuous support and advice enabling you to run your business while we run your errands.
FULL-BANKING-SERVICE
Through Privacy Management Group in Cyprus, we offer you a professional and TUV NORD ISO 9001:2015 certified Full-Banking-Service for the opening of your business account... Further >
NO HIDDEN COSTS
With us you will form your Ontario LP in Canada in a legally secure and seamless manner. Beyond that we will be available to you as your personal contact before and after the formation of your company. With over 20 years experience... Further >
Detailed information on Canada Ontario Limited Partnership (Ontario LP)
We have summarised all the relevant information on Ontario LP Canada company formation for you on this page. Find out more about the special features of company formation in Canada as well as the diverse advantages of an Ontario LP. Furthermore, we are happy to assist you any time, should you be interested in the formation of your Ontario Limited Partnership in Canada.
If you have any questions, please don’t hesitate to contact us: Contact
Some of the special features of the Canada LP in Ontario
- Canada as a business location has an excellent reputation, recognised worldwide.
- Opening an account for your Canada Ontario LP is, at least outside of Canada, generally possible without any hindrances. We are happy to advise you in this regard at any time.
- Canada is a member of the OECD and yet is still a small ‘tax haven’, at least in respect to the advantageous Ontario Limited Partnership.
- The Ontario Limited Partnership is not subject to accounting or tax obligations in Canada, as long as the turnover of the company is generated exclusively abroad.
- The proper taxation of the profits earned through the LP is the responsibility of the individual partners of the company and accordingly takes place at the tax residence.
- You can also enormously reduce your personal tax burden by relocating to Cyprus (EU), for example.
- You can find further benefits under ‘Your Advantages’ in the menu or by following this Link.
We are happy to provide you with detailed information and look forward to your inquiry.
General | |
Type of company | Limited Partnership |
Application to the tax directive | No |
Corporate taxation | None |
International agreement on the exchange of tax information | Yes |
Obligation to submit annual accounts | No |
Registered office/authorised representative (reg. office/reg. agent) | Yes, our services provided for you |
Number of directors and shareholders | At least one natural or legal person |
Employment of a trustee director/trustee | Permitted |
Annual meeting | Not required |
Location of annual meeting | Globally |
Shares and capital | |
Share capital | Not necessary |
Minimum capital requirements | None |
Accounting and finances | |
Accounting/bookkeeping | No, only simple retention requirements |
Submission of annual audits | No |
Location of company bank | Any |
Currency control | None |
Detailed information on Ontario Limited Partnership, Canada
Requirements
For the formation of your company, we require a copy of your passport, a reference from your bank (only with Banking-Service), as well as a copy of a current utility bill (water, electricity, or mobile phone), to carry out the residence identification procedure. Furthermore, upon request we will complete the required registration documents, the organisational resolutions of the personally liable partner, the official designation of the limited partner as well as the partnership agreement of the Ontario LP, together with you.
Note: The Canada LP in Ontario is an ideal ‘replacement’ for the US-LLC.