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registration of legal entity

Стоимость регистрации Стоимость со второго года Количество директоров Налог на прибыль Оплаченный УК Бухгалтерская отчетность
2038.00 USD 1500.00 USD 1 2.00% 0.00 Нет

 

Company registration in Saskatchewan

sask_0.jpgBoth natural persons and legal entities, operating under the brand name in the province, must be registered. 

The register of Saskatchewan companies, namely the Information Services Corporation (ISC), comprises all aspects of registration and regulation of the activities of commercial and non-commercial corporations, cooperatives and other enterprises in the jurisdiction.

Criteria under which the registration of a company in Saskatchewan is not required are indicated on the website of the ISC:

  • Sole Proprietorship conducts activities under the name of a founder or an activity associated with regulated governing bodies (for example, medicine or attorney services), and a company operates under the name of current or former employee.
  • there are no employees in the staff and there is no desire to receive an additional personal account from the WCB.
  • a company operates in one of the industries/fields for which the PST is not required to be submitted to the Ministry of Finance (including both as a supplier and as a consumer).

How to register a company in Saskatchewan

To begin with, it is necessary to determine the organizational and legal form.

It is possible to register:

  1. Sole proprietorship or Partnership.
  2. Corporation or Non-Profit Corporation.

Taxation depends on the type of a company.

Registration process can be started after determining the legal structure and choosing the desired potential name. In Saskatchewan, there are various forms, fees and procedures for registration of Sole Proprietorship and Partnership, as well as both types of corporations.

Reserve a name to register a company in Saskatchewan.

The name of a company must be unique. In case of registration of Sole Proprieorship or Partnership, it must contain a distinctive element and a descriptive element.

Offshore in Saskatchewan: business registration forms

Sole Proprietorship and Partnership are registered in accordance with the Business Names Registration Act. It is necessary to fill out the following forms:

  1. Application for registration (Form A) — you can fill in online.
  2. Request for search and reservation of the name (Form G).

Completed forms must be sent to the Companies Registry by paying fees. After that, a company will be registered in Saskatchewan.

The process of registering corporations falls under the Corporations Act, and registration of a non-profit corporation takes place in accordance with the provisions of the Non-Profit Corporations Act. To register these types of companies, you must submit the following documentation:

  1. The charter of a corporation.
  2. Notification of office registration.
  3. Notification on directors who will manage the registered business in Saskatchewan.
  4. Request for search and reservation of the name.

After approval of the name and consideration of all received documents, a Certificate of Registration containing the registration number is issued. Registration of an offshore company in Saskatchewan is then completed.

After registration, the name of a company is valid for a three-year period. After expiration of the registration, it must be renewed.

In Saskatchewan, each business also requires a municipal or local commercial license for each municipality in which activities are conducted. Depending on the type of business, additional license and registration requirements may apply.

Offshore zones of Saskatchewan have a favorable climate for doing business. Please contact Law&Trust's professional lawyers to register a business in the jurisdiction of Canada in a short time.

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General information
Square651 036.00
Population1 045 620.00
CapitalRegina
Unemployment15.30
State polityconstitutional monarchy that is also a parliamentary democracy and a federation
Telephone code1 306
Place in the world in corruption10
locationNorth America
ClimateThe climate varies from temperate in south to subarctic and arctic in nort
Literacy rate99.00%
Ethnic groups18.1% - the Canadians, the rest of the population: the Germans, the English, Scots, Irish, Ukrainian, French, Indians, Norwegians, Poles, mestizos, Dutch, Russian, Swedish
National currencyCanadian dollar
USD exchange rate0.99
GDP per capita22
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 companiesNo
Legal systemBased on the Anglo-Saxon common law
The use of the Cyrillic alphabet in the nameNo
Local registered officeNo
Organizational and Legal Formscorporation, unlimited liabilility company, sole proprietorship, partnership, co-operative, trust, branch
Local registered agentNo
Shares and share capital
Bearer sharesNo
Possibility to issue shares without par valueNo
Taxation
VATNo
Basic corporate tax rate2.00%
Capital gains taxNo
Currency controlNo
Corporate tax rates details2%-12%
Stamp dutyNo
Director and Secretary
Minimum number of directors1
The requirement for residency directorsYes
Director of legal entities are allowedNo
The data reveals to the local agentNo
Data field to the public registryNo
The requirement for the presence of the SecretaryYes
Requirement to the residense of the SecretaryNo
Requirements to qualification of the SecretaryNo
Legal entity as the SecretaryNo
Shareholder and beneficiary
Minimum number of shareholders1
Data is entered in the public registerNo
Shareholders residency requirementNo
Information about the beneficiary is disclosedNo
Information may be disclosed to the local agentNo
Shareholders-legal entities are acceptableYes
Reporting
The requirement for filing reportsNo
Open access to reportsNo
Statutory auditNo
The requirement for filing Annual ReturnNo
Open access to the Annual ReturnNo
The requirement for reportsNo
Treaty on avoidance of double taxation (States which signed)89
Membership in the OECDYes
Is it offshore according to Russian legislationNo
Trademark Registration
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