Offshore Companies

Choose the jurisdiction which best suits your needs

Canada, Nova Scotia

Why choose this jurisdiction when starting a business?
Nova Scotia is an ideal North American location for a variety of world-leading edge industries, providing competitive advantages for exporters and investors and has one of the most diverse economies in Canada.

By locating in Nova Scotia, you are making a decision to do business in a province committed to your success. You will be amazed at the unparalleled support you’ll receive from our team of business development specialists who are focused on helping grow your operations here.

Nova Scotia is a leading North America near-shore jurisdiction for the global financial services industry. Discover a premiere global destination for shared services, middle/back office operations in banking, fund administration, and insurance.

As the most central point between the Americas and Europe, Nova Scotia offers several significant strategic and financial advantages that continue to attract top-tier international financial services and insurance firms. Establishing world-class middle/back office and shared services operations for both captive and outsourcing clients has allowed these firms to expand their global footprint.

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No restrictions on the jurisdiction of incorporation

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Accounts are not required to be publicly filed or disclosed

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Required to file an annual report with the Registry

Packages and Prices

Canada, Nova Scotia

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Standard
Package

The cheapest option company formation, payment government fees, registered office, local registered agent, Client Due Diligence (CDD) full and free tax and legal assistance, and much more, to keep your entity fully compliant.

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Business
Package

A special package with all services as included on the Standard Package, plus our Bank Account opening services with an internationally known financial institution, offering you online banking, multi-currency account, debit cards and all other major banking services you may need.

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Premium
Package

A package with all services as included on the Business Package plus full Nominee Services (Nominee Members and Managers) providing you the highest degree in terms of confidentiality and anonymity.

Advantages

A Canadian LP with foreign partners, not carrying on a business in Canada and deriving no income on Canadian territory, is not liable for local taxation in Canada. According to the Canadian tax laws, an LP is not considered as a taxable entity; taxation falls upon each partner, who is liable for payment of taxes from the profits received from the LP at their own place of residence, on the proportion of their own equity help on the partnership.

The advantages offered by the Nova Scotia LP are the same as those offered by UK LLPs.
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A Nova Scotia LP is created by registering a partnership with the Nova Scotia Corporate Registry. It is formed by two or more corporate (or individual) persons entering into a partnership agreement, for the carrying on of a lawful business for profit.
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Although the registrations of LPs in other Canadian provinces are restricted to professional practices, there are no similar limitations for Nova Scotia LPs.
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There are no restrictions on the jurisdiction of incorporation or residence of the partners.
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The entering into of a written partnership agreement is recommended to ensure greater ease of regulation between the partners.
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Nova Scotia LP accounts are not required to be publicly filed or disclosed.
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The agreement, which is essentially the ‘constitution’ of the LP, is a private document, which does not require registration or public disclosure.
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Nova Scotia LPs are required to file an annual report with the Nova Scotia Corporate Registry; although the filed annual reports are open to public inspection, they contain limited information. Generally, Nova Scotia LPs must submit annual Partnership Information Returns to the Canadian Revenue Agency which state the partners’ share of the profits and losses of the LP. However, this obligation can be dispensed with where the LP has 5 or fewer partners; does not carry on business in Canada; and does not have any Canadian partners.

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It is possible to set up an LP so that it is transparent for taxation purposes.

Atrium is offering special packages that include a Business Company plus fully functioning bank account with debit card and online banking, to enable you to operate your account remotely. For those requiring a higher degree of confidentiality and anonymity, our Premium Package includes all services of a Business Package plus full Nominee Services.

How can we help you?

Should you have any question, our Business Development Managers team will be ready to guide and assist you!