BRITISH COLUMBIA PARTNERSHIP FORMATION
FOR NON-CANADIAN RESIDENTS
British Columbia Company Registration. British Columbia Incorporation
KGN specializes in British Columbia Incorporation and opening bank accounts.
British Columbia Corporation – General Information
Type of Law
Common.
Language of Legislation and Corporate Documents
English.
Currency
Canadian Dollar (CAD).
Exchange Control
None.
Principal Corporate Legislation
BC Business Corporations Act, 2002.
Share Capital
Standard authorised share capital is CAD10,000. Minimum paid up share capital is CAD1.
Classes of Share Available
Registered shares, preference shares, redeemable shares and shares with or without voting rights.
Bearer Shares
Not permitted.
Restrictions on Trading
Banking, insurance, assurance, reinsurance, fund management, collective investment schemes, trust management, trusteeship business provision are not permitted.
Registered Office Required
Yes, must be maintained in British Columbia.
Directors
The minimum number of directors is one. Director can be of any nationality and need not be resident in Canada.
Shareholders
The minimum number of shareholders is one.
Publicly Accessible Records
Yes.
Nominee Shareholders and Nominee Directors
Allowed.
Location of Meetings of Directors and Shareholders
Anywhere.
Personal Presence Required
No.
Taxation
Corporate Income Tax 26%.
Double Taxation Treaty Access
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, Germany, Guyana, Hungary, Iceland, India, Indonesia, Ireland, Israel, Italy, Ivory Coast, Jamaica, Japan, Jordan, Kazakhstan, Kenya, Korea, Republic 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, Ukraine, United Arab Emirates, United Kingdom, United States, Uzbekistan, Venezuela, Vietnam, Zambia, Zimbabwe.
Requirements to File Accounts
Yes.
Requirement to File Annual Return
None.
Audit Requirements
None.
Language of Name
English.
Restricted Words
Words such as “Assurance”, “Bank”, “Building Society”, “Royal”, “Trust Company”, “Trustee Company” etc. will require justification.
Name of a British Columbia Corporation
The words Limited, Limitée, Incorporated, Incorporée, Corporation, Société par actions de régime fédéral or Ltd., Ltée, Inc., Corp., S.A.R.F. must be part of the name of every company.
Incorporation Time
Five days.
British Columbia Incorporation Prices – Non-Resident Package
British Columbia Incorporation Package Includes:
Company Name Check
Initial Business Approval
Preparation of Application Documents
Choice of company structures designed to suit your needs
Company Registration Fee
Government filing fee
Certificate of Incorporation
Complete Corporate Records book with corporate tabs, certificate of incorporation, notice of articles, corporate articles, registers of shareholders and directors, director and shareholder post-incorporation resolutions, director’s consents and share subscriptions
If requested, a corporate name knock-out search to ensure that you do not infringe on someone else’s name from elsewhere in Canada. Infringement can result in a lawsuit against your corporation for damages or cause you to lose the right to use the name you chose for your corporation. (Does not include a full NUANS search, a computerized algorithm search, which can be ordered as an extra.)
Notice of articles and your incorporation application
Share Certificate(s)
Register of shareholders
Register of directors
Starting at: $2990
Why Choose KGN Services?
We’ve been helping business owners since 1996
Incorporating your business is our focus
We make a complex process fast and easy
We work closely with Companies Registries to guarantee our service
Fastest offshore companies & accounts – Most competitive pricing worldwide
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