GENERAL INFORMATION

Total area - 9,984,670 sq km
Population - 34,500,000
Political status - Federation
Capital - Ottawa
Official language - English, French
Official currency - Canadian Dollar (CAD)
Time zone - GMT - 4 / GMT - 8

 

Basic Information
1. Political Stability1. Good
2. British Based Legal System2. Yes
3. Type of Company3. LLP / LP
4. Migration of Domicile Permitted4. Yes
5. Tax by Jurisdiction on Offshore Profits5. Nil
Corporate Requirements
1. Minimum Number of Shareholders
1. -
2. Minimum Number of Directors/Officers
2. Two
3. Corporate Directors Permitted
3. Yes
4. Secretary Required
4. No
5. Standard Authorised Capital
5. CAD 1,000
6. Bearer Shares Permitted6. No
Local Requirements​
1. Registered Office/ Registered Agent
1. Yes
2. Company Secretary
2. No
3. Local Directors
3. No
4. Local Meetings
4. No
Due Diligence / Disclosure
1. Due Diligence Required
1. Yes
2. Disclosure of Beneficial Owner on Public File
2. No (*BA)
3. Government Filing of Register of Directors/Officers
3. Yes
4. Government Filing of Register of Shareholders
4. -
Annual Requirements
1. Annual Return
1. No
2. Audited Accounts
2. No
Shelf Companies AvailableNo
Days to Incorporate Companies on Request (Approx.)5
Tax Treaties AccessNo

*BA – Only to Registered Agent

 

Notes:

  • A Canadian LLP with foreign members, which does not carry on a business in Canada and derives no income on Canadian territory, is not liable to tax in Canada. According to the Canadian tax laws, the LLP is not considered as the separate subject of taxation. It is the founders ("Partners") who should pay taxes from the profits received by the LLP company in the place of their residence, in proportions according to the shares of interests belonging to them in the LLP company, if it is stipulated by the legislation of that particular country.
  • Incorporation of a company in Canada is a respectable and prestigious choice. The jurisdiction is not on the “black lists” of any countries, and it has no restrictions on co-operation with residents of any states.

Contact us

Igoumenitsas 12,
CONNECTEDSKY HOUSE, P.C. 2027,
Strovolos, Nicosia, Cyprus

Tel:
70003517 in Cyprus
+357 22258800 from abroad

Fax:
+357 22258801

Email: info@connectedsky.com