LLP in British Columbia
for Non-Residents - $1,999

If you are a non-resident looking to form a limited liability partnership(LLP), our company can assist you with registering an LLP in British Columbia. Information regarding the partners is not filed with the registry, only internally. Registering a partnership in Canada as a non-resident does not generate any tax obligations if business is not conducted in Canada as they are disregarded entities and all income is passed through the partners. They do not require the filing of an annual tax return in Canada, making it a popular type of company formation in Canada for non-residents.

What Documents are included in the BC LLP Package?

The following is included in the package:

• BC Name Reservation Report
• Government Registration Fee
• Registered office address in BC for one year
• Registration Form 1 confirming registration of the Limited Liability Partnership
• Organizational Resolutions of Partners
• Partnership Agreement
• Register of Partners
• Partnership Certificates
• Courier Delivery

How long does it take to register a BC LLP?

In order to register an LLP in BC, a Name Reservation Report is required. It takes 10 to 15 business days to obtain a report. Expedited services are available for an additional fee, making the time frame 1 to 2 business days. You may add the expedited name approval in the order form. It takes an additional 2 to 4 weeks to register the LLP in BC upon receiving the approved Name Reservation Report.

What is the Corporate Tax Rate?

Partnerships do not file annual tax returns as profit is passed through to the partners of the company. The partner must claim their part of the profit in their personal tax return, in the country where they reside.

What is the Annual Renewal Fee?

A British Columbia Limited Liability Partnership must file an annual report to the registry on the anniversary of the formation date in order to keep the company in good standing with the BC government. Our company collects an annual renewal fee of $999 one year after the registration date, this fee includes the renewal of the company along with the registered office address for the year.

What if I don’t have an address in Canada?

Our formation fee includes the registered office address and records office in British Columbia for one year. If you require mail forwarding services for your bank, suppliers, or clients, please order virtual office services in our order form. Our company will email you a scan of mail received for your company.

What positions are there in a Limited Liability Partnership?

A limited liability partnership consists of limited partners and a minimum of 2 partners are required to proceed with the formation. Individuals and legal entities from any country may be appointed as a partner in an LLP.