A Canadian Limited Partnership is one of the individualised corporate solutions offered by Confidus Solutions. Canadian LP company is a flexible legal vehicle, used in number of classical corporate structures. One of the most efficient ways to utilize Canadian LP - is creating a trading company structure, this would allow for tax and cost minimization, while not being considered an offsopre jurisdiction.

Limited partnerships in general
The popularity of limited partnerships is easy to understand in today’s business environment. In many jurisdictions, limited partnership structures are designed to be tax transparent. The general partner is responsible for the management of the company and is the only partner with unlimited liability. Each limited partner’s liability is restricted to his or her capital contribution and any undrawn profit. Partnerships can be formed by verbal or written agreement, although written agreements are always preferable.

The most popular jurisdictions for forming limited partnerships are Scotland (under the Limited Partnership Act 1907) and Canada (under the Partnership Act of each of the country’s provinces: Alberta, British Columbia, New Brunswick, Ontario and Saskatchewan).

https://www.confiduss.com/en/services/solutions/trading/canada-lp/

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