your BIN # is $60 in Canada and it is good for 5 years.
"OttawaTrade" <speediercoREMOVE_THIS.RemoveThis@yahoo.com> wrote in message
news:1EFyf.44474$jB3.35830@fe17.lga...
>I need to register a business mainly to invest in overseas to gain faveable
> tax rate. I don't need to file GST/PST, to employee tax etc, sales tax
> etc.
>
> Anyone knows the true cost of starting and maintaining a empty shell
> partnership in USA or Canada? I can choose which ever is cheaper.
>
> Here is the research I did. please correct me, if I am wrong
>
> in USA:
> EIN (Employer ID #) $0
> Partnership Name Registration, or Doing Business As: $25-$100 one time fee
> Buinsess Checking: very low, or free
> Buinsess Credit: very easy as long as partners have good credit history.
> This one is confirmed.
>
>
> in Canada:
> BN (Business #) $60 per year
> Partnership Name Registration, or Doing Business As: $60 per year
> Buinsess Checking: Very high
> Buinsess Credit: Very difficult.
>
>
> So looks like an US partnership will cost $60 one time fee and Canadian
> one
> will cost $60 per year.
>
> >> Stay informed about: Cost of maintaining empty shell partnership