Ontario LP · separate Quebec option
Canada — Company formation
An Ontario LP has at least one general partner, with unlimited liability, and one or more limited partners. For Quebec, the published starting price applies to the Quebec offer; the entity type is set before quoting. The Ontario LP needs an Ontario address; first-year coverage and mail handling are confirmed in the offer. Quebec address requirements depend on the form chosen.
Overview
Ontario LP; Quebec form confirmed per case
An Ontario LP has at least one general partner, with unlimited liability, and one or more limited partners. For Quebec, the published starting price applies to the Quebec offer; the entity type is set before quoting. Entity choice is confirmed against the ownership and intended activity; capital contributions are separate from service fees.
Good fit for
- Two provincial routes, each with its own published starting price: an Ontario limited partnership, and a Quebec option whose legal form and package are confirmed per case.
- A local operating company or subsidiary with a documented commercial purpose
Limitations to plan for
- An Ontario general partner's exposure differs from a limited partner's. LP status is not a liability or tax guarantee.
- Registration in other provinces may be needed where business is carried on there.
- Management location, owner tax residence and operations abroad may create tax and reporting obligations outside the place of incorporation. No tax rate or exemption is assumed.
Banking
Banking application assistance is optional and separately quoted. Banks assess the owners, beneficial owners, activity, source of funds and local connection independently. Incorporation does not guarantee an account or remote identification.
Package and price
An independent licensed provider files the company; BDA coordinates. Final inclusions are confirmed in the written offer after KYC.
Canada (Ontario) formation
From €3,390
Canada (Quebec) formation
From €4,990
This describes the Ontario LP route. The Quebec offer is quoted separately, and its legal form and inclusions are confirmed in the written offer. Other Canadian structures, such as a BC LLP, are not offered as a standard option.
Usually part of formation
- Partnership agreement between general and limited partners
- Registration of the declaration under the Ontario Limited Partnerships Act
- Ontario address for the partnership
Optional, quoted separately
- Partner entities, where the structure needs them
- Apostilled or certified document set
- Bank-account application support (KYC and application, no guaranteed approval)
- Bookkeeping and accounting
Every year
- Renewal of the declaration, as required
- Partners' own tax reporting
- Address renewal
Ontario LP: the declaration expires after five years unless renewed; partner changes and accounting are reviewed separately. Quebec: annual duties follow the form chosen and are confirmed per case.
The local address or office is a legal requirement; whether the first period is included in the quoted price is confirmed in the written offer.
Corporate services after formationSteps and documents
How formation runs
- 01
Choose between the Ontario LP and the Quebec option; assess liability, management and where the business actually operates.
- 02
For an Ontario LP, appoint the general partner, agree the partnership agreement and file the declaration with the Ontario Business Registry.
- 03
For Quebec, the published starting price applies to the Quebec offer; confirm the legal form, registration route and package in writing before engagement.
Documents and requirements
- Passport and proof of address for every owner, director and beneficial owner
- Short CV or business background
- Description of the activity, countries and expected flows
- Evidence of source of funds
- An Ontario general partner's exposure differs from a limited partner's. LP status is not a liability or tax guarantee.
- Registration in other provinces may be needed where business is carried on there.
Separate scope · not included by default
Optional corporate services
Nominee director
An appointed director serves on the company's governing body and has real statutory and fiduciary responsibilities. This is not simply a name on a register: decision-making powers, signing authority and reporting duties must be agreed lawfully.
Availability and price on request
Appointment and price require country-specific legal and provider acceptance. A director has real duties. For LLCs and partnerships, manager/member or partner appointments must be assessed instead of substituting a corporate director label.
Nominee shareholder
A nominee shareholder holds registered legal title to shares for an identified beneficial owner under a lawful, documented arrangement. Voting, dividends, instructions and transfer rights must be defined; this is a different role from a director.
Availability and price on request
Nominee shareholding is not automatically available. Verify the actual entity's ownership instrument and beneficial-owner disclosure. An LLC membership or partnership interest is not a corporate share.
Beneficial-owner identification and bank/registered-agent KYC still apply. Nominee arrangements do not guarantee anonymity, an account, residence or a tax result. Availability, approvals and duties depend on local law and the provider's acceptance; some arrangements are unavailable or prohibited.
Banking application assistance
Business profile, ownership documents and application coordination. The bank makes its own decision; opening fees and ongoing bank charges are separate.
Registered office & company administration
Address, agent or secretary arrangements where required, corporate amendments and annual compliance coordination. The quote must state each service and period covered.
Incorporation is the easy part.
Most structures run into trouble later — at the bank, or with tax authorities. We plan for these from day one.
The bank says no
A company without a clear activity, substance or source-of-funds story is hard to bank. The account route is assessed before incorporation, not after.
Tax residence follows management
Where a company is managed and where its owners live can matter more than where it is registered. This is reviewed with qualified tax advisers.
Permanent establishment
Staff, offices or decision-making in another country can create a taxable presence there. The operating model is mapped early.
Automatic exchange of information
Under CRS and FATCA, account information is shared between many countries. Structures are designed to be transparent and compliant.
Questions
Which company type is used in Canada?
Ontario LP; Quebec form confirmed per case: An Ontario LP has at least one general partner, with unlimited liability, and one or more limited partners. For Quebec, the published starting price applies to the Quebec offer; the entity type is set before quoting. Entity choice is confirmed against the ownership and intended activity; capital contributions are separate from service fees.
Can a Canada company open a bank account?
Banking application assistance is optional and separately quoted. Banks assess the owners, beneficial owners, activity, source of funds and local connection independently. Incorporation does not guarantee an account or remote identification. Banks decide independently. We prepare the application and explain likely options; no account is guaranteed.
Is the local tax rate my total tax?
No. Where the company is managed, where income arises, reporting rules and the owners’ own tax residence can create tax elsewhere. A qualified tax adviser reviews this before incorporation.
Is the starting price final?
No. It covers the simplest eligible case. Government fees, annual charges, VAT and third-party costs are confirmed in a written scope before payment.
Low or zero local tax is conditional
A local rate is not your total tax. Where the company is managed, where income arises, reporting rules and the owners’ own tax residence can create tax elsewhere. Your position is reviewed with a qualified tax adviser before incorporation.
Who files the company and how long does it take?
An independent local registered agent or corporate service provider, where required and suitably qualified. BDA coordinates. Timeline: Given after KYC review; depends on the registry and the provider.
Can ownership stay anonymous?
No. Beneficial owners are identified to providers and banks, and to registries where the law requires. Nominee services, where lawful, do not replace this disclosure.
Can a nominee replace beneficial-owner disclosure?
No. The director and shareholder roles are separate legal appointments. Beneficial owners must still be identified for applicable registry, agent and bank checks. Neither service is automatically available or included in formation.
Discuss a Canada company
Tell us the activity, owners and where you live. We reply with a first view and the next step.