Limited Liability Partnership (LLP)

Limited Liability Partnership (LLP) in Canada is a type of partnership that offers limited liability protection to its partners, similar to that of a corporation. It is a hybrid business structure that combines the flexibility of a partnership with the limited liability protection of a corporation. LLPs are typically used by professional service firms, such as law firms, accounting firms, and consulting firms, where partners want to limit their personal liability while still having the flexibility and tax benefits of a partnership structure. LLPs to comply with all regulatory requirements and maintain their permits or registrations to avoid penalties or legal issues

A physical address is required to Register Business in your Selected Province. Where the government will send documents. If you do not have a physical address, you can use our Registered Address Service that includes mail receiving and forwarding. Please note that PO Box is not accepted by the Government.

Business Number (BN) is assigned to corporations by the Canada Revenue Agency (CRA) and is used to identify your business for tax purposes. If you collect and remit Goods and Services Tax (GST) you need GST/HST accounts. If you pay salary to you or other employees you need a Payroll account. If you export or import goods to foreign countries or from Canada you need to register Export or Import accounts.