Canada is located north of the United States and has two official languages, English and French. Canada is not an offshore country, but it is still easy to conduct business there given its respectable reputation, its banks possessing very good ratings, and its treaties with the U.S. that allow Canadian companies to penetrate the American market with its products and services. Moreover, Canadian law is flexible and not restrictive. Canadian companies do not necessarily have to be owned by residents. Additionally, these companies can be used as transit, nominee, or agent companies (mandatory). Owners can be shareholders of other foreign companies.

Advantages of incorporating an offshore company in Canada

Allowed activities	Trading, Consulting, Holding
No tax for incomes made out of Canada
Non-disclosure of director(s)
Non-disclosure of shareholder(s)
No Accountancy or audit Requirements
Everything can be done from your country
Only one director needed to form company
Only one shareholder needed to form company
Banking details kept confidential
100% foreign ownership of the company
No minimum capital required
Capability to obtain a UE VAT number
Capability to apply for a financial license
Network of non Double taxation treaties

Our Company Formation Pack includes :

• Research and reservation of company name
• Incorporation of the company
• One year agency fee
• Registered address (mail forwarding in option)
• Kit of society (bylaws, registers of shares and administrators, 1 seal, 10 certificates of shares, ledger, 5 certificates of transfer of shares)
• First board minutes
• Emission of certificates of shares
• All eventual extra documents required for the bank account opening

How much does it cost to form an offshore company in Canada?

• Company formation only in Canada starting at EUR 1449.00
• Company formation in Canada + offshore bank account at other destination starting at EUR 2199.00
• Company formation + bank account in Canada starting at EUR 3499.00
• Company formation in Canada + Confidential Liechtenstein bank account starting at EUR 2999.00

• Annual fees are EUR 849.00 and include : agency fees, governmental tax, registered address renewal.

Offshore bank account opening features

• Documents required to open an offshore bank account (requirements may vary from bank to bank):

- Copy of your passport or National ID Card

- Proof of address (e.g. utility bill such as water electricity internet or telecom)

- You resume/CV up to date with your academic and professional experiences

- If possible but not compulsory: A Reference letter of a banker/notary public/accountant/lawyer

All these documents have to be dated of less than 2 months. The documents allow the bank to verify the existence of the client and his solvency in order to limit any possible risks, as they will never really meet the client.

Bank Account opening process:

• Account will be opened within 3 weeks of document collection and successful submission of bank application
• Opening done from remote location
• Minimum deposit is between EURO 500.00 and EURO 1000.00 (depending on bank)
• Visa card/MasterCard available once you have funds in your account.
• Internet banking facilities provided (bank transfers, account checking)

Please note that all banks have the right to decline any bank account application. In the case of a rejection, we will try to open your bank account at another bank. If we are not able to successfully open an account at any bank (due to no fault of the client), we will refund your payment.

Please feel free to get in touch with us for any clarifications. Simply click the link below to fill up our brief order form and we shall get back to you as soon as possible. We look forward to providing you with our excellent service!