Offshore company set up in Canada

Advice and assistance in setting up an offshore company in Canada:

Set up an offshore company in Canada is ideal for:

Main characteristics and approach for the an offshore company set up in Canada:

There are two types of corporations used for business transactions in Canada: those incorporated under federal law and those under provincial laws of 10 provinces 3 territories.

Company Type Private Company limited.
Corporate legislation Corporate law in Canada is governed by both federal legislation (such as the Canada Business Corporations Act, R.S.C. 1985, c. C-44) and provincial legislation (such as the Business Corporations Act, S.B.C. 2002, c. 57, for British Columbia companies), depending on whether the company is incorporated or carries on business federally or provincially.
Accounting requirement For the Federal incorporation, you must keep up to date with not only the filings required by the federal Director of Corporations Branch but all filings required by the provinces.
For Provincial corporation has only the right to carry on business in the province (and abroad) or territory where your business is incorporated and therefore the annual filling requirement is done in the Province.
For activities made outside Canada, no account requirement
Taxation 0 taxes when the activity is made outside Canada
19.5% (15% by 2012) for federal incorporation and 10-16% for Provincial incorporation
Standard Currency Canadian Dollar
Time to form Canada has an efficient Registry : 2 days formation time, the name search is required
Stability Stable jurisdiction with very good reputation
Communication Efficient communication means
Time zone Convenient world time zone GMT-5 for Montreal
Secretary required No
Paid up capital requirement Paid up capital requirement 1 CND
Basis of legal System Under Common Law
Minimum shareholders / directors A minimum of 1 Director / 1 Shareholder-
1 local director is required for Federal Incorporation. Some provinces (e.g. Quebec) do not require resident director
Bearer shares Bearer Shares are not permitted

Tax treaties that will help determine if setting up an offshore company in Canada is a perfect choice for you:

Canada has tax treaties for the avoidance of double taxation with many countries including

In force:
Algeria, Argentina, Armenia, Australia, Austria, Azerbaijan, Bangladesh, Barbados, Belgium, Brazil, Bulgaria, Cameroon, Chile, China (PRC)1, Croatia, Cyprus, Czech Republic, Denmark, Dominican Republic, Ecuador, Egypt, Estonia, Finland, France, Gabon, Germany, Greece, Guyana, Hungary, Iceland, India, Indonesia, Ireland, Israël, Italy, Ivory Coast, Jamaica, Japan, Jordan, Kazakhstan, Kenya, Korea, Rep of Kuwait, Kyrgyzstan, Latvia, Lithuania, Luxembourg, Malaysia, Malta, Mexico, Moldova, Mongolia, Morocco, Netherlands, New Zealand, Nigeria, Norway, Oman, Pakistan, Papua New Guinea, Peru, Philippines, Poland, Portugal, Romania, Russia, Senegal, Singapore, Slovak Republic, Slovenia, South Africa, Spain, Sri Lanka, Sweden, Switzerland, Tanzania, Thailand, Trinidad & Tobago, Tunisia, Turkey, Ukraine, United Arab Emirates, United Kingdom, United States, Uzbekistan, Venezuela, Vietnam, Zambia, Zimbabwe.

Signed but not yet in force some for additional details:

Colombia, France, Italy, Lebanon, Namibia, Switzerland

Under negotiation/re-negotiation for additional details:

Barbados, Bolivia, China, Cost Rica, Cuba, Egypt, Hong Kong, Madagascar, Malaysia, Netherlands, New Zealand, Poland, Serbia and Montenegro, Singapore, Spain, United Kingdom

To register a company in Canada, just send us an email through our contact form.

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