Recent content by DBeker

I just set up an account with the Ontario Business Registry and incorporated myself directly with the government: Ontario Business Registry

For Canada - do you really need a nominee director for your use case? I am not a Canadian resident and I recently incorporated in Canada myself (online registration, Ontario) and I opened a bank account with RBC. (I do have dual citizenship with Canada, but this normally does not make any...

In my case it would be a small structure and simple import/export business, I don't have complex operations, nor any employees. Hency why my estimated operating costs for the first year would be around this 1000 CAD marker. Of course if this business grows into something, then I would expect...

Process for an LP is very similar - all can be done online in your MyOntario account. Fees, might be slighly higher - can't remember. It's either 300 CAD or 360 CAD - however an LP has a lifespan of 5 years and needs to be renewed. If you don't need any bank account and just need an LP for...

Ok - I too am in the import/export game. I am not a premium member here so I have no idea if we can talk through DM's on Humalite. I am in Canada until Thursday and I might be able to help, while I'm on the ground here (am in the Toronto area). I am based in Europe otherwise. I am not familiar...

So I cannot say much on the BC LLP as I'm less familiar with that. However I would not say the LLP is similar to an Italian SRL. To me, in Canada you can apply the SRL abbreviation in French to LLP's (at least in Ontario, not sure about BC) but this is not the same 'definition' as the Italian...

So I thought I'd share my experience in setting up a company in Canada and if others are interested in this sort of set up, hope this helps! Essentially I recently set up a new Ltd. company in Ontario, Canada. I am an EU resident, but dual citizen with Canada. (however this Canadian citizenship...

Registering is easy enough in most EU countries, but getting a bank account as a non-resident/non-EU director is another matter. EMI's may work, but depending on the type of business you have, you may need an account with a more 'traditional' bank.

It depends on your objectives - whether you really need a Foreign Corporation in Canada or if a Foreign LLC will do instead. They are two different structures. The Foreign LLC is simple enough to set up in Ontario at least, without any local presence obligations. It is pass-thru and so no local...

A US LLC is not an incorporated entity according to the Ontario Corporations Act. So you do NOT need to register it as an EPC. But if you are going to make it a General Partner of your Ontario LP, you will need a BIN number for the US LLC. In order to get a BIN, you will need to register the LLC...

The LP Agreement is an internal document that you use between the GP and the LP. It is not published with the Ontario government when you register the LP, however banks will likely ask for a copy. My set up is very simple and I just used LawDepot.ca for mine. But if you have a more complex...

Ontario does allow for non residents to open both Ltd/Inc. companies and LP's. You can even do so online if you open a MyOntario account - https://signin.ontario.ca/. I'm sort of in a similar sitaution: EU Resident and I do some International Import/Export/Commodity trading. I have one company...

This video is not about New Jersey in the US. It's about Jersey (i.e. UK Channel Islands)

I'm a French resident here and I just set up a SAS here in France. I don't have any salaried employees (not even myself as an employee) and I have some business partners whom I just pay out commissions to as and when successful deals happen. Tax wise, I don't think it's so bad in France. I'd say...

I am currently in the vicinity of Monaco (Beausoleil, FR) as I am visiting the inlaws. The inlaws and the wife are all born/raised in Monaco for several generations but they only have French citizenship, not Monegasque. The wife has friends who are monegasque and if you happen to have this...