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.
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 >
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. The Full-Banking-Service we offer provides much more than just the arrangement of a bank account application. As a certified bank introducer and specialised service provider, our partner advises you throughout the whole account opening process, concludes the application quickly and reliably together with you and in this way offers you uncomplicated access to worldwide ‘international banking’.
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 >
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 in international company formation, Full-Banking-Service, residential and business relocation, our company is already a professional and reliable partner to hundreds of clients worldwide.
Main advantages of company formation in Ontario, Canada
Flexibility of corporate activities
The Ontario LP in Canada is not only ideally suited to the E-Commerce sector, but is an extremely versatile model. When choosing a company name, it is particularly important to ensure that no other company in Canada exists with the same or similar name. The company name basically ends in ‘LP’ or Limited Partnership.
We will review the desired company name against the register for you free of charge.
Provided that the Ontario Limited Partnership operates exclusively outside of Canada and the profits are all generated abroad, the direct tax liability of the company as well as the obligation to conduct ongoing bookkeeping and submit annual accounts is inapplicable.
Information exchange agreement
Canada is a member of the OECD and is therefore committed to uphold the international information exchange agreement in relation to tax issues. However, as the commercial activities of the Ontario company presented here are exclusively conducted outside of Canada and furthermore no profits are earned in Canada, it is not Canada that is the significant factor with regards to information exchange but instead the location of the account holding bank of the Limited Partnership. As well as the diverse FinTech accounts, there is, for example, also the option of a bank account/business account in Puerto Rico.
In and for the Ontario Limited Partnership there must only be one partner (General Partner) who is personally and unlimited liable, which distinguishes the LP from a General Partnership in Canada. Taking some regulations into account, the general partner and partner can be ‘represented’ by only one person in the Ontario LP. We are of course happy to provide you with detailed information on this subject.
Moreover, the legal framework and questions about liability and diverse regulations related to the withdrawal of profits can be designed in such a way that the individual requirements and wishes of the partner are met. If this is your wish, a comprehensive consultation with our experts is unavoidable.
There is indeed no share or nominal capital needed
There is no minimum capital requirement.
Your advantage – our Full-Banking-Service
You will receive a comprehensive Corporate Kit with the formation of your Limited Partnership - all documents are already included, as defined in services and are all originals.
Account opening – our banking-service for you
Privacy Management Group offers you a ISO 9001:2015 certified Full-Banking-Service that includes the following:
- Comprehensive consultation on the location of your future bank and financial partners.
- Individual preparation of the account opening applications.
- Active support during the whole account opening process.
- Accompaniment during the whole account opening process, up to completion.
Data protection, discretion and power of disposition
The trustee-service already starts at formation stage and does not end with the registration of your company. For you this means maximum discretion. You can of course terminate our trustee-service at any point – without notice. Fiduciaries have no access to your company or related bank accounts and a respective trustee contract and related bank agreement guarantee this irrefutably.
You will receive active support before and after company formation, which you can utilise free of charge and without limitations.