Limited Partnership

Register a limited partnership with general and limited partners.

A Limited Partnership (LP) is established by two or more individuals. An LP must have at least one general partner who manages the business and one limited partner who acts as an investor. We handle the registration process for your LP and provide proof of registration and a certificate via email.

Select Your Province

$579.00

New or Renewal

New Registration

Renewal

Business Name Details

we will conduct a free pre-search on the names you suggest. If the first preferred name is not available, we will proceed with registering the partnership using the second preferred name.

First Preferred Proposed Name

2nd Preferred Proposed Name

3rd Preferred Proposed Name

Business Activity

Name of the Business

Registration Number

File

Max. file size: 512 MB.

Business Address

Do you have Address in this Province?

Full Names(Required)

First Name Last Name

Business Address

Street Address City Province Poste Code

This address should be the physical location from which you will operate your business. It cannot be a post box or mailing address.

Your Email(Required)

Your Phone Number(Required)

General Partner

First Name Middle Name Last Name

Same as previous

Street Address City State / Province / Region ZIP / Postal Code Country

Limited Partner

First Name Middle Name Last Name

Same as previous

Street Address City State / Province / Region ZIP / Postal Code Country

3rd Limited Partner

First Name Middle Name Last Name

Same as previous

Street Address City State / Province / Region ZIP / Postal Code Country

Add another partner

no

yes

4th Partner

First Name Middle Name Last Name

Same as previous

Street Address City State / Province / Region ZIP / Postal Code Country

5th Partner

First Name Middle Name Last Name

5th Partner Address

Same as previous

Street Address City State / Province / Region ZIP / Postal Code Country

Additional Services

Payroll Frequency for Pay Cheques(Required)

Weekly

Bi-Weekly

Monthly

Remittance Frequency for GST(Required)

Yearly

Quarterly

Number of Employees(Required)

S.I.N(Required)

Date of Birth(Required)

Estimated Total Gross Payroll for Year(Required)

Total expected employee salaries for the next 12 months.

Date Employees Receive Their First Wage(Required)

Annual Domestic GST/HST Taxable Sales(Required)

Annual Worldwide & Domestic GST/HST Taxable Sales(Required)

Received by 48 hours

Limited Partnership Registration in Canada

Bringing in investors who want to share in the profits without running the business? Registering a Limited Partnership lets you raise money from partners while protecting their personal assets. We handle the filing with the government registry and send you the proof of registration by email.

What Is a Limited Partnership?

A Limited Partnership (LP) has two kinds of partners:

General partner: manages the business day to day and has unlimited personal liability for its debts. Many LPs use a corporation as the general partner.
Limited partners: invest in the business and share in the profits, but their liability is limited to the amount they invested.

Every LP needs at least one general partner and at least one limited partner.

Limited Partnership vs General Partnership

Liability: In a general partnership, every partner is personally liable. In an LP, only the general partner is.
Management: In a general partnership, all partners can manage the business. In an LP, limited partners stay passive. A limited partner who takes part in managing the business can lose their limited liability.
Registration: An LP only exists once its declaration is filed with the provincial registry, so registering it correctly matters.

Why Choose a Limited Partnership?

Raise money from investors without giving up control of the business
Protect investors’ personal assets
Profits and losses flow through to the partners for tax purposes
Common for real estate, film, and other investment projects

What You Need to Register

The name of the limited partnership
The business activity and address
Names and addresses of the general partner and each limited partner
A Nuans name search report, if required

Not sure if a limited partnership is right for you? Contact us or book a free call and we will help you choose between a partnership, a limited partnership, or incorporation.

Government Grants Available for Canadian Businesses

Did you know? Your business may qualify for grant funding.

We handle the entire application and deliver the funded services: digital marketing, social media, websites, accounting and bookkeeping. One partner, start to finish.

Contact Us to Get Started