Company registration in Canada — start a business as a non-resident, federal or provincial incorporation, British Columbia, Ontario, LTD or Corporation, Canadian taxes, remote company setup, bank account, legal address, support by Finextwin

Advantages of a Canada company

100% foreign ownership
Non-residents can fully own and manage a corporation
LP registration option
Not subject to Canadian tax if there is no local activity
Access to the U.S. market
USMCA agreement enables efficient trade with the U.S.
Banking system
Open an account with major Canadian banks –
Scotiabank, RBC, TD

Jurisdiction overview: Canada

Canada is a highly reputable jurisdiction for international business, offering legal stability, access to North American markets, and a favorable corporate environment. Company registration in Canada is ideal for entrepreneurs who value transparency, strong legal protection, and international scalability.
The two most common forms are Federal Corporation and Provincial Corporation. A federal company can operate across all provinces, while a provincial company is registered within a specific region. In most provinces, at least one director must be a Canadian resident, although some (e.g. British Columbia) allow 100% foreign ownership.
There is no minimum capital requirement; companies are often incorporated with a nominal capital of 1 CAD. The incorporation process typically takes 2–5 business days and can be completed remotely.
Corporate tax rates range from 9% to 15% federally, with additional provincial taxes. Canada also offers tax benefits for small businesses. With proper structuring, it's possible to legally optimize taxation, particularly if the company does not generate income from Canadian sources.
A Canadian company can open business bank accounts locally and internationally, use services like Stripe and PayPal, and work with North American clients and marketplaces. Canada also has over 90 tax treaties, including with the U.S., UK, EU countries, China, and the UAE.

Main features of the jurisdiction

  • 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

  • Reporting:
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.

Requirements for company founders

  • Limited Partnership (LP): a partnership consisting of at least one general partner (managing partner) and one limited partner (investor). Often both are non-residents. Not taxed if business is conducted outside of Canada.
  • Corporation (Ltd./Inc.): a classic company structure suitable for obtaining a tax number and conducting business in the Canadian market or internationally.
Requirements for LP:
  • One general partner and one limited partner (can be the same person via different entities)
  • Residents of any country, including offshore jurisdictions
  • Legal address in Canada (included in the service)
  • Registered agent required
  • No minimum share capital
  • No EIN or CRA registration required if no business is conducted in Canada
  • No requirements for reporting, audit, or accounting if no income is generated within Canada
Requirements for Corporation:
  • One director (in some provinces, the director may be a foreigner)
  • One shareholder (individual or company from any jurisdiction)
  • Legal address and registered agent in Canada
  • Business Number (BN), mandatory reporting, and the option to obtain tax residency

Choose your plan

Incorporation
Company name check
Preparation of documents:
  • For LTD: Articles of Incorporation
  • For LP: Declaration of Partnership / LP Agreement
Payment of government fees
Obtaining documents:
  • Certificate of Incorporation (for LTD)
  • Certificate of Registration (for LP)
Appointment of directors / partners
Company registration documents
in digital form
_________________________________________
Legal address
Registered legal address in Canada
for 1 year
Local secretary services for 1 year
Director (for LTD)
Local director service for 1 year
Partners (for LP)
General partner for 1 year
Limited partner for 1 year
_________________________________________
Bank account
Preparation of the document package for bank submission
Opening a corporate bank account in Canada
Get an offer
Incorporation
Company name check
Preparation of documents:
  • For LTD: Articles of Incorporation
  • For LP: Declaration of Partnership / LP Agreement
Payment of government fees
Obtaining documents:
  • Certificate of Incorporation (for LTD)
  • Certificate of Registration (for LP)
Appointment of directors / partners
Company registration documents
in digital form
_________________________________________
Legal address
Registered legal address in Canada
for 1 year
Local secretary services for 1 year
Director (for LTD)
Local director service for 1 year
Partners (for LP)
General partner for 1 year
Limited partner for 1 year
_________________________________________
Bank account
Preparation of the document package for bank submission
Opening a corporate bank account in Canada
Get an offer
Incorporation
Company name check
Preparation of documents:
  • For LTD: Articles of Incorporation
  • For LP: Declaration of Partnership / LP Agreement
Payment of government fees
Obtaining documents:
  • Certificate of Incorporation (for LTD)
  • Certificate of Registration (for LP)
Appointment of directors / partners
Company registration documents
in digital form
_________________________________________
Legal address
Registered legal address in Canada
for 1 year
Local secretary services for 1 year
Director (for LTD)
Local director service for 1 year
Partners (for LP)
General partner for 1 year
Limited partner for 1 year
_________________________________________
Bank account
Preparation of the document package for bank submission
Opening a corporate bank account in Canada
Get an offer

Frequently Asked Questions

Everything you need to know before launching your business in Canada
Feedback from our clients on Google
We urgently needed a company in the US to raise our first round of investment. Alex suggested registering in California. Everything went well. We received funding and all thanks to the Finextwin team.
Link to the Google review
Thanks to Finextwin for their professionalism. We registered a U.S. company for marketplace operations, and everything was done remotely. We've already entered the American market...
Link to the Google review
We worked with Finextwin based on a partner’s recommendation. They registered our U.S. company pretty quickly. I especially appreciated that the lawyer kept me informed the whole time and...
Link to the Google review
View more reviews
Talk to our expert
Fill out the short form,
and we will contact you as soon as possible

Compare other countries

Income tax: 21%
Incorporation: 10 days
Cost - from 1200 USD
Lean more
Income tax: 0%
Incorporation: 6 days
Cost - from 1250 USD
Lean more
Income tax: 0%
Incorporation: 7 days
Cost - from 1450 USD
Lean more
Income tax: 0%
Incorporation: 5 days
Cost - from 950 USD
Lean more
All jurisdictions
Contact us
  • +1 814 300 8857
  • info@finextwin.com
  • 367-375 Queen's Road Central,
    Sheung Wan, Hong Kong


Contact us
  • +1 814 300 8857
  • info@finextwin.com
  • 367-375 Queen's Road Central,
    Sheung Wan, Hong Kong




© Copyright 2025 Finextwin - All Rights Reserved. Privacy Policy