Features and use of a company in Canada
Canada is a North American country, the second largest in terms of area. Canada is one of the most developed countries in the world and a prestigious jurisdiction, in which new IT companies and firms engaged in international trade with European countries are regularly established. It is important that Canadian companies and EU firms do not pay VAT when doing business.

Business in Canada is completely transparent in terms of taxation. All Canadian companies pay taxes on gross income earned both in the country and abroad. Canada is not offshore jurisdiction that offers low tax burden.
However, entrepreneurs still have the right to establish a company without paying taxes in the country. This may be an LP (Limited Partnership) registered in the province of Alberta.
Unlike a classic limited liability company, a limited partnership must have at least two founders (individuals or legal entities):  a general partner and a limited partner. The general partner is the manager of the company and bears full responsibility for all its obligations. The limited partner does not manage the firm and has liability limited to the funds invested.
Free consultation
Contact us and get a free consultation on any corporate, legal and accounting matter
© 2010 - 2024

Individual entrepreneur Talanova Natalia 504793593300

No materials on this website may be copied online or reproduced without the prior written consent of the administrator.

Privacy Policy
ABOUT
CONTACTS
Office in Brussels:
Boulevard St Michel 47, Brussels, 1040
Office in Moscow:
Rustaveli str. 14, building 6, Moscow, 127254
Contact us onlineTelegramWhatsAppMailPhone