- Legal system: Common law (civil law in Quebec); regulation at the federal and provincial levels
- Currency: Canadian dollar (CAD), one of the world's stable currencies
- Taxes:
Federal corporate tax: 15%
Provincial tax: 0% to 16% depending on the region
Effective rate: average 9–27%; optimization possible with deductions
LPs are not taxed in Canada if income is earned abroad and partners are non-residents
LPs: no requirement to file financial reports or undergo audit if there is no income in Canada
Corporations: financial reporting and audit are mandatory if income exceeds limits
- Confidentiality: In LPs, beneficiary data is not published; in Corporations, some data appears in the public registry
- Regulators: Corporations Canada (federal registry), CRA (tax authority), provincial registries
Canada is a great choice for those who value reputation, compliance with international standards, and the ability to build flexible corporate structures trusted by banks and payment systems.