:
registration of legal entity

Cost of registration The cost of the second year Number of Directors Corporate tax rates Payment of Charter Capital Financial statements
1785.00 USD 1190.00 USD 1 15.00% 0.00 No

COMPANY REGISTRATION IN BRITISH COLUMBIA

bc_4.jpgCanada is a country with high international prestige and authority.
Organizational and legal forms of companies:

  1. Self-employment.
  2. Partnership.
  3. Branch Office.
  4. Corporation.
  5. Trust.

Laws governing activities of registered business in British Columbia:

  • "On commercial legal entities";
  • "On Credit Associations";
  • "On liquidation of legal entities";
  • "On trusts and credit institutions".

BUSINESS IN PROVINCE OF CANADA

Tending to register an offshore company in British Columbia, consider the following:

  1. There are no requirements for the residency of directors, shareholders, as well as the citizenship of a secretary.
  2. It is permitted to issue preferred as well as cumulative preferred shares.
  3. It is possible to register a company in British Columbia without identifying an actual beneficial owner in the government authorities.
  4. It is prohibited to name a company with a non-unique name (already registered), as well as a name that is misleading about the type of activity of a firm. It is not allowed to use any designation indicating or referring to a connection/link with the royal family. It is also forbidden to use words that indicate involvement in world-renowned brands.
  5. Accounting records should mandatorily be maintained after completion of registration of an offshore company in British Columbia.
  6. You can start the work of a firm, if you have one director.

Lawyers of Law&Trust International will familiarize you with legal aspects of doing business in Canada.

HOW TO REGISTER A COMPANY IN BRITISH COLUMBIA

  1. Determine the structure of a firm.
  2. Proceed with a business registration.
  3. Make sure that your enterprise has a license.
  4. Register a legal address of an office. Annual fee is $ 1300. It has to be contributed from the second year of operation of an enterprise.

Considering the offshore zones of British Columbia to start business activities, contact the lawyers of Law&Trust International. We are engaged in the registration of enterprises abroad and we have qualified lawyers in our staff.

OFFSHORE IN BRITISH COLUMBIA: REQUIREMENTS

The requirement on age of directors and employees is at least 18 years. Absence of criminal record in cases of fraud in any country is mandatory. A candidate should not be bankrupt.
Registration of a company in British Columbia implies contributing a corporate income tax of 26% (including provincial and federal taxes). A company must submit a tax declaration once a year, regardless of operation: for a loss or for a profit.
Meetings of shareholders should be held annually. A country is defined by generally accepted decision. A meeting is considered to be held if all shareholders agree with the supposed business plans.

We will assist in Registering A COMPANY IN BRITISH COLOMBIA

Incorporation of a company in British Columbia implies the assignment of a name and a legal address to a company, requires the provision of information on directors (with the exception of an owner). Also, it must have a certain type and description of the structure. Our specialists will help you with all the nuances of preparation of a set of documents.

Set of documents
   
  • Ask our manager
Nominee director and shareholder
   
  • Ask our manager

General information
Square9 984 670.00
Population34 300 100.00
CapitalVictoria
Unemployment15.30
State polityconstitutional monarchy that is also a parliamentary democracy and a federation
Telephone code1
Place in the world in corruption10
locationNorth America
ClimateVaries from temperate in south to subarctic and arctic in north; avg. maximum temperature (July) +21°; avg. minimum temperature (January) -18°
Literacy rate99.00%
National currencyCanadian dollar (CAD)
USD exchange rate0.99
GDP per capita22
Official languageEnglish and French
Credit ratingAAA
The judiciarySupreme Court of Canada, Federal Court of Canada, the Federal Court of Appeal, Tax Court, provincial / territorial courts
Executive authorityHead of government: Prime Minister of Canada. Government: Federal Ministry, elected Prime Minister from among the members of his party in the parliament
Legislative authoritiesbicameral Parliament of Canada: Senate (105 seats), the House of Commons (308 seats)
Corporate information
Opportunity to purchase ready-made companiesНет
Legal systemCommon Law, based on English Common Law
The use of the Cyrillic alphabet in the nameНет
Local registered officeНет
Organizational and Legal Formscorporation, unlimited liabilility company, sole proprietorship, partnership, co-operative, trust and branch of a local or foreign company
Indication of BPA in the nameLimited, Limitée, Incorporated, Incorporée, Corporation, Ltd., Ltée, Inc., Corp.
Local registered agentНет
Shares and share capital
Bearer sharesНет
Possibility to issue shares without par valueНет
Taxation
VATНет
Basic corporate tax rate15.00%
Capital gains taxНет
Currency controlНет
Corporate tax rates details2.5% - 10%
Stamp dutyНет
Director and Secretary
Minimum number of directors1
The requirement for residency directorsНет
Director of legal entities are allowedНет
The data reveals to the local agentНет
Data field to the public registryНет
The requirement for the presence of the SecretaryДа
Requirement to the residense of the SecretaryНет
Requirements to qualification of the SecretaryНет
Legal entity as the SecretaryНет
Shareholder and beneficiary
Minimum number of shareholders1
Data is entered in the public registerНет
Shareholders residency requirementНет
Information about the beneficiary is disclosedНет
Information may be disclosed to the local agentНет
Shareholders-legal entities are acceptableДа
Reporting
The requirement for filing reportsНет
Open access to reportsНет
Statutory auditНет
The requirement for filing Annual ReturnНет
Open access to the Annual ReturnНет
The requirement for reportsНет
Treaty on avoidance of double taxation (States which signed)89
Membership in the OECDДа
Is it offshore according to Russian legislationНет
Trademark Registration
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