Cost of registration | The cost of the second year | Number of Directors | Corporate tax rates | Payment of Charter Capital | Financial statements |
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2038.00 USD | 1500.00 USD | 1 | 2.00% | 0.00 | No |
Company registration in SaskatchewanBoth natural persons and legal entities, operating under the brand name in the province, must be registered. The register of Saskatchewan companies, namely the Information Services Corporation (ISC), comprises all aspects of registration and regulation of the activities of commercial and non-commercial corporations, cooperatives and other enterprises in the jurisdiction. Criteria under which the registration of a company in Saskatchewan is not required are indicated on the website of the ISC:
How to register a company in SaskatchewanTo begin with, it is necessary to determine the organizational and legal form. It is possible to register:
Taxation depends on the type of a company. Registration process can be started after determining the legal structure and choosing the desired potential name. In Saskatchewan, there are various forms, fees and procedures for registration of Sole Proprietorship and Partnership, as well as both types of corporations. Reserve a name to register a company in Saskatchewan. The name of a company must be unique. In case of registration of Sole Proprieorship or Partnership, it must contain a distinctive element and a descriptive element. Offshore in Saskatchewan: business registration formsSole Proprietorship and Partnership are registered in accordance with the Business Names Registration Act. It is necessary to fill out the following forms:
Completed forms must be sent to the Companies Registry by paying fees. After that, a company will be registered in Saskatchewan. The process of registering corporations falls under the Corporations Act, and registration of a non-profit corporation takes place in accordance with the provisions of the Non-Profit Corporations Act. To register these types of companies, you must submit the following documentation:
After approval of the name and consideration of all received documents, a Certificate of Registration containing the registration number is issued. Registration of an offshore company in Saskatchewan is then completed. After registration, the name of a company is valid for a three-year period. After expiration of the registration, it must be renewed. In Saskatchewan, each business also requires a municipal or local commercial license for each municipality in which activities are conducted. Depending on the type of business, additional license and registration requirements may apply. Offshore zones of Saskatchewan have a favorable climate for doing business. Please contact Law&Trust's professional lawyers to register a business in the jurisdiction of Canada in a short time. |
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Square | 651 036.00 |
Population | 1 045 620.00 |
Capital | Regina |
Unemployment | 15.30 |
State polity | constitutional monarchy that is also a parliamentary democracy and a federation |
Telephone code | 1 306 |
Place in the world in corruption | 10 |
location | North America |
Climate | The climate varies from temperate in south to subarctic and arctic in nort |
Literacy rate | 99.00% |
Ethnic groups | 18.1% - the Canadians, the rest of the population: the Germans, the English, Scots, Irish, Ukrainian, French, Indians, Norwegians, Poles, mestizos, Dutch, Russian, Swedish |
National currency | Canadian dollar |
USD exchange rate | 0.99 |
GDP per capita | 22 |
Credit rating | AAA |
The judiciary | Supreme Court of Canada, Federal Court of Canada, the Federal Court of Appeal, Tax Court, provincial / territorial courts |
Executive authority | Head of government: Prime Minister of Canada. Government: Federal Ministry, elected Prime Minister from among the members of his party in the parliament |
Legislative authorities | bicameral Parliament of Canada: Senate (105 seats), the House of Commons (308 seats) |
Opportunity to purchase ready-made companies | No |
Legal system | Based on the Anglo-Saxon common law |
The use of the Cyrillic alphabet in the name | No |
Local registered office | No |
Organizational and Legal Forms | corporation, unlimited liabilility company, sole proprietorship, partnership, co-operative, trust, branch |
Local registered agent | No |
Bearer shares | No |
Possibility to issue shares without par value | No |
VAT | No |
Basic corporate tax rate | 2.00% |
Capital gains tax | No |
Currency control | No |
Corporate tax rates details | 2%-12% |
Stamp duty | No |
Minimum number of directors | 1 |
The requirement for residency directors | Yes |
Director of legal entities are allowed | No |
The data reveals to the local agent | No |
Data field to the public registry | No |
The requirement for the presence of the Secretary | Yes |
Requirement to the residense of the Secretary | No |
Requirements to qualification of the Secretary | No |
Legal entity as the Secretary | No |
Minimum number of shareholders | 1 |
Data is entered in the public register | No |
Shareholders residency requirement | No |
Information about the beneficiary is disclosed | No |
Information may be disclosed to the local agent | No |
Shareholders-legal entities are acceptable | Yes |
The requirement for filing reports | No |
Open access to reports | No |
Statutory audit | No |
The requirement for filing Annual Return | No |
Open access to the Annual Return | No |
The requirement for reports | No |
Treaty on avoidance of double taxation (States which signed) | 89 |
Membership in the OECD | Yes |
Is it offshore according to Russian legislation | No |