The Canadian jurisdiction is attractive to foreign investors in that it has created the most flexible conditions for registering companies and has not introduced prohibitions on cooperation with representatives of other countries. Today, a particularly popular commercial area in Canada is the online business. The country is completely open for creating and selling Internet startups, opening web studios or IT clusters.
Jurisdiction
Non-residents who register a company in Canada and do not conduct business directly in the country, this jurisdiction offers some tax privileges. The Limited Partnership is a company with at least two founders, one of whom becomes the General Partner, and does not pay any fees.
In order to incorporate a company in Canada, you must have an initial capital of at least 1,000 CAD. An individual can act as a general partner. You can create an organization on the basis of an existing enterprise or completely “from scratch”. This will require the provision of the relevant documents and an advance payment equal to 30% of the total capital.
Benefits of starting a company in Canada
Due to the favorable and stable business environment, many foreign entrepreneurs are looking to acquire an offshore company in Canada. The main advantages of the Canadian jurisdiction are the following:
- tax-free regime for non-resident entrepreneurs who conduct business outside Canada;
- lack of obligations regarding the preparation of accounting reports, filing tax returns and conducting audits;
- flexible conditions for depositing initial capital – at the personal discretion of the owners;
- the right to use the nominee service when it comes to shareholders;
- respected jurisdiction;
- prospects for obtaining a residence permit;
- there are no requirements for shareholders’ residency;
- developed economic field and stability of the legal framework, which helps to build a reliable protection mechanism for investors.
By creating a company in Canada, you get the opportunity to bring your business to the international arena in the shortest possible time.
If you need to register a company in Canada, our specialists will help you register a company quickly and efficiently. Also, you can buy a ready-made company in Canada. Write to us in the CRM form and we will help you register a company.
Eternity Law International specialists will provide you with qualified advice on the acquisition of an offshore company, opening a bank account in any jurisdiction, as well as further support of your company’s activities at any stage.
We offer ready-made European and offshore companies. It takes 2 days to reissue documents for new owners.
If you have any questions or need advice on registering or buying a company, call us at the phone numbers listed on the website, or write to us in the CRM form located at the bottom of the page. Our specialists will answer you online.