Canadian Limited Partnership (CanadianLP) for non-residents is a structure whose investment mechanisms provide unique business opportunities. The tendency to introduce “Open corporate registries” in Europe and around the world, as well as preparations for the automatic exchange of tax information, obliges businesses to take their place of registration and tax residency more seriously. In order to effectively deal with international investments and conduct business today, more complex structures must be used. So you can quite legally optimize taxes, and freely go about your business. If you used to use UK partnership structures in business, which were distinguished by a high level of confidentiality, then taking into account today's realities, many factors have changed and Canadian LP will be the best choice. To begin with, Canada has a positive image of a country in the world, which characterizes it as a state with a standard and fairly strict tax system. This suggests that Canada does not apply to tax-free offshore jurisdictions. Therefore, any business structure registered in Canada is considered a prestigious enterprise. At the same time, Canadian law allows a non-resident to become a non-taxable person. Also, the registration of the LP structure in Canada is very simple, and the cost is several times cheaper than in many other countries of the world.
More information here - https://en.wikipedia.org/wiki/Limited_partnership
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