Fees and timelines in 2024
Fees
The average fee per Canada engagement is outlined in the table below. These fees include company incorporation, opening corporate bank accounts, project management and all government fees:
| Different Canada entity types | Cost | Draft invoice |
|---|---|---|
| Tax resident LLC | US$15,200 | View invoice PDF |
| Limited partnership | US$12,500 | View invoice PDF |
| PLC | US$12,100 | View invoice PDF |
| Branch of a foreign company | US$13,100 | View invoice PDF |
| Representative office | US$12,100 | View invoice PDF |
| Canada LLC package | US$24,600 | View invoice PDF |
| Bitcoin LLC | US$24,700 | View invoice PDF |
| Holding LLC | US$12,100 | View invoice PDF |
| Subsidiary LLC | US$12,100 | View invoice PDF |
| British Columbia LLC | US$13,150 | View invoice PDF |
| Canadian Money Services business | US$24,790 | View invoice PDF |
Click here to create your own Canada invoice
Timelines
The average engagement period for Canada company formation is 12 weeks as outlined below:
| Service | Tax resident LLC | Limited Partnership | PLC | Branch | Representative Office |
|---|---|---|---|---|---|
| Engagement planning | 1 week | 1 week | 1 week | 1 week | 1 week |
| Company incorporation period | 3 weeks | 3 weeks | 4 weeks | 4 weeks | 4 weeks |
| Bank account approval | 4 weeks | 4 weeks | 4 weeks | 4 weeks | 4 weeks |
| Internet banking approval | 3 weeks | 3 weeks | 3 weeks | 3 weeks | 3 weeks |
| Engagement completion | 1 week | 1 week | 1 week | 1 week | 1 week |
| Total engagement period | 12 weeks | 12 weeks | 13 weeks | 13 weeks | 12 weeks |
