British Columbia Partnership (LLP)

British Columbia Partnership Formation for Non-Canadian Residents

British Columbia Partnership Formation for Non-Canadian Residents

KGN Services specializes in British Columbia Partnership Formation and opening bank accounts.

British Columbia Partnership (LLP) – General Information

Type of Law

Common.

Language of Legislation and Corporate Documents

English.

Currency

Canadian Dollar (CAD).

Exchange Control

None.

Share Capital

The minimum capital contribution is CAD1.

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.

Partners

The minimum number of directors is one. Director can be of any nationality and need not be resident in Canada.

Publicly Accessible Records

Yes.

Nominee Services

Allowed.

Location of Meetings

Anywhere.

Personal Presence Required

No.

Taxation

Fiscally Transparent.

Double Taxation Treaty Access

Not Applicable.

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 Partnership

The words Limited Liability Partnership or LLP must be part of the name of every company.

Time to Incorporate

Five days.

British Columbia LLP Formation Prices

British Columbia LLP Formation Package Includes:

Company Name Check

Initial Business Approval

Preparation of Application Documents

Choice of LLP structures designed to suit your needs

Company Registration Fee

Complete Corporate Records book with corporate tabs, BC Corporate Registry stamped registration statement and organizational partnership resolutions

Standard LLP Agreement

Share Certificate(s)

Register of partners

Starting at: $1990

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

KGN Services | BC LLP | British Columbia Partnership

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