Ontario Limited Partnerships: Structure and Compliance Essentials

Ontario Limited Partnerships

Ontario Limited Partnerships (OLPs) offer a flexible and transparent business structure under the legal framework of Canada’s Ontario province. Designed for managing assets and investments, OLPs consist of General Partners (GPs) and Limited Partners (LPs) with distinct roles and responsibilities. GPs, typically corporations, handle the OLP’s administration, while LPs enjoy limited liability protection. In this […]