Is this the right structure?
- A venture with a clearly identified general partner and passive investment participants.
- An ownership plan whose partner-level taxation has been assessed in every relevant country.
From entity choice to an operating setup
We assess how the entity fits your ownership, business activity and international plan, then coordinate the formation work included in your proposal.
Before filing
Resolve the legal form, owner-country implications, local activity and banking requirements.
Implementation
Coordinate provider instructions, documents and agreed registrations, with clear responsibilities.
Handover
Deliver the agreed records and establish renewal, filing and administration responsibilities.
Requirements to resolve first
- At least one general partner and one limited partner. Formation occurs when the required declaration is accepted.Source 7
Understand the setup cost
The figures below are the stated authority charges and conditions. Our professional fee, registered-agent or address services, document work and other external costs are quoted separately.
| Item | Amount | When | Scope |
|---|---|---|---|
| LP declaration | CAD 210 | once | Government filing charge; partnership drafting and any corporate general partner are additional.Source 1 |
Formation process & timing
Authority processing and document preparation have different dependencies. The selected filing service and complete documents determine the timetable.
01Define partner rolesBefore registration
Agree the general partner, limited partners, contributions and decision rights.
02File the declarationOnline: immediate service standard; mail: 15 business days
03Maintain records and renewal diaryDuring operation
Keep the limited-partner record and the agreement current; calendar the five-year declaration renewal.
Document checklist
Track your preparation in this browser. Final requirements depend on the route and filing authority.
Ongoing obligations & costs
What needs particular attention
The general partner carries a different exposure
Limited and general partners are not interchangeable; review management authority and liability before assigning roles.Source 7
Partnership does not mean tax-free
Partners generally report allocated income; T5013 information-return requirements depend on the facts.Source 11
Why work with Offshore Capitalist?
We connect the formation with your personal and business tax position, management, banking and practical operations. The proposed jurisdiction must serve the wider plan. Where a different legal form or destination would fit better, the advisory scope can include that comparison.
Your engagement defines the work, local-provider responsibilities and handover before implementation begins.
Discuss your company setup
Tell Tijana and the team where you live, what the business does, who owns it and which countries it will operate in. We will assess the fit and outline the next step.
Start a free inquirySources & research notes5 references
Official-source research checked 2026-10-13.
Confirm in your scope
- Nonresident partner taxation, Canadian business/source connections and cross-border recognition require separate analysis.