Ontario Limited Partnership (LP) formation costs in Canada
Government filing from $155 · annual maintenance from $0
Last verified: June 13, 2026
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Cost summary
State Filing
$155
one-time
Mandatory Annual Fee
$0
per year
First-Year Total
$320
incl. required services
Annual Ongoing
$150
from year 2
Cost Breakdown
Detailed breakdown of formation and ongoing costs
| Item | Type | Amount |
|---|---|---|
| State filing fee (Declaration Form 3) | One-time | $155 |
| NUANS Name Search Report | One-time | $15 |
| Registered Office Address | Annual | $150 |
| First year total | $320 | |
| Annual ongoing | $150 | |
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Ontario Limited Partnership (LP) cost FAQ
How much does it cost to form a Ontario Limited Partnership (LP)?
The government filing fee starts at $155. Including required services, expect a first-year total of about $320.
What are the annual costs of a Ontario Limited Partnership (LP)?
The mandatory state/annual fee starts at $0. With recurring services like a registered agent, total ongoing costs are about $150 per year.
How long does Ontario Limited Partnership (LP) formation take?
Standard processing takes 2-3 business days. Expedited processing (1 business day for an extra $100) is available.
Is a registered address required in Canada?
Yes. Typical cost: $100 - $300/year. Virtual offices are allowed.
Is there a minimum capital requirement for a Ontario Limited Partnership (LP)?
No, there is no minimum capital requirement. There is no minimum or maximum capital requirement for an Ontario Limited Partnership.
Can I form a Ontario Limited Partnership (LP) remotely?
Yes, no local director is required. There are no residency requirements for the General Partner or Limited Partners. They can be individuals or corporations from anywhere in the world.
Related pages
Complete Ontario Limited Partnership (LP) formation guide
Taxes, requirements, banking, and step-by-step setup
Ontario Corporation costs
Filing $220 · annual $0
Federal Corporation costs
Filing $146 · annual $9
British Columbia Corporation costs
Filing $277 · annual $32
Alberta Corporation costs
Filing $200 · annual $65
Tax simulator
Model your net profit with Ontario Limited Partnership (LP)
Estimates based on guide data and typical market rates. Actual costs vary by provider and circumstances.