Company in Canada
GOOD FOR HOLDING
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Located in a highly prestigious jurisdiction Canadian Limited Partnership is a simple form of business serving as a fresh alternative to UK LLPor Scottish LP. It is most popular for international trade and for providing any type of services especially when European VAT issues need to be omitted.
Due to their non-resident structure such Limited Partnerships are not taxable. They do not pay corporate income tax.
There are no requirements on filing annual account or tax return for Limited Partnerships.