INVEX FONDI offers company registration in Canada.
Canadian jurisdiction advantages:
- Canada is a country with an internationally recognized reputation with traditional tax legislation.
- Foreign founders, registering a company in the form of partnerships L.P. (Limited Partnership), and which does not trade in the territory of Canada, is not subject to Canadian tax.
- Information about the beneficial owner of the company is not publicly available.
- Partnerships have no requirement to submit an annual report (Annual Return) to the company register.
- Partnership has no requirement to submit a financial report (Financial Statement) to the company register, but there is no exemption from legislative requirements to compile and store these financial reports.
- If the Partnership's founders are not Canadian residents, and the partnership has not made profits in Canada, the partnership tax rate is 0%.
Registration rules:
- After acceptation of name (1-2 days) registration will take 12-15 working days; to receive full document package will take 6 – 7 weeks.
- Choosing the finished (ready-made) companies - 1 -2 working days from receipt of full payment for registration.
- For registering or buying the finished (ready-made) Canadian company the beneficial owner will need:
a) Complete and sign information form in English -''Due Diligence form for a new Canada L.P. company'';
b) Submit a notarized or in operating bank, or at registrar agent representation certified copy of passport.
Costs:
Registration costs amount depends on:
- mandatory payments for registering company;
- from Customers wishes to use nominal services;
- country and bank in which is it expected to open an account;
- consulting services for opening a bank account.
The final amount of costs will be fixed during negotiation.
It should be noted:
- Not to deal with other companies registered in Canada (ie. See. Partnerships) that can be treated as commercial activities in the territory of Canada, together with a full payment of taxes.
- If partnerships beneficial owner decides to extend to the next year - it is eliminated. Otherwise, the Canadian government is of the opinion that the partnership avoid reporting as a result of its directors and the owner may be persecuted not only administrative but also criminal procedures. Liquidation costs are stipulated in the registration of partnerships.