Starting a business in Canada is an exciting opportunity. Whether you want to launch a small business , register a sole proprietorship, or set up an LLC, the process is straightforward with the right guidance. You can also set up a limited company for added liability protection. From business registration to compliance, we help entrepreneurs navigate the steps efficiently. Get expert support to ensure your Canadian business is structured for success.
The limited liability company in Canada
Limited Liability: Most of the time, the limited liability company is met in European countries, which is why foreign investors might be tempted to ask for the incorporation of such a business form. However, in Canada, the limited liability company is regarded as an unincorporated entity with the benefits of the corporation.
The Canadian limited liability company is a hybrid between the sole trader and the partnership, but it offers limited liability to the shareholders.
With a vast experience in company formation matters in Canada, our consultants can offer more information on the limited liability company.
We can also help you if you need to set a company in Costa Rica or other countries. The main types of companies that you can establish there are: general and limited partnership, private limited liability company and stock corporation. The most popular type of company chosen by foreign investors worldwide is LLC, but Canada doesn’t provide for this type of company. Here you can choose a partnership, but in Costa Rica you have the opportunity to establish an LLC with a minimum share capital of USD1.
The Canadian extra-provincial corporation
A business form that can only be found in Canada only is the extra-provincial corporation. This type of Canadian company is very popular among foreign investors who can operate in various provinces across the country. The particularity of the extra-provincial corporation resides in the fact that it needs to obtain a license in each province it operates and that it requires a registered agent.
If you are considering starting a business in Canada as an extra-provincial corporation, we can provide you with registered agent services.
We at Texas Consultancy take pleasure to open your Sole Ownership company in Canada without any hassle just in 24 hours after we receive the required documents and fees, Sign up right away, Fill the form and leave the rest on us, our experts will do the needful to get your trade license and Investor visa.