Ontario Partnership Registration with Foreign Partners

Ontario Partnership Registration with Foreign Partners

$250.00

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This service will include registering an Ontario partnership which will have some or all partners living outside of Canada.  We will also pre-clear the name for you to ensure the name of your partnership is available across Canada.   This is a general partnership where all partners have a proportionate share in the business.

BREAKDOWN OF COSTS:

  • Service fee – $250
  • Government fee – $60
  • Address Fee, if required

ONTARIO ADDRESS

An Ontario address is required.  If you cannot provide an Ontario address you can purchase an address at the cost of $450 PER YEAR.  This is an address for correspondence only.  No product can be sent to this address.

FEDERAL BUSINESS NUMBER AND TAX ACCOUNT

This service includes the issuance of a Federal Business Number for the partnership and the opening of any or all of the tax accounts required as follows:

  • HST/GST (Harmonized Sales Tax/Goods & Services Tax) Account – this tax must be charged on all Canadian sales when the worldwide sales of the proprietorship are over $30,000.
  • Import/Export Account – If you will be doing this then you will require a tax account to be opened.
  • Payroll Account – If you have any Canadian employees you will be required to open this account.

TIMING OF REGISTRATION

One to two days for partnership registration.  Two to Four Weeks for the Federal Business Number and accounts.