Canada FAQ

Can a Canadian company have one shareholder?

Often yes. A single-shareholder structure is common, but the documentation and beneficial ownership records still need to be clean.

Often yes. A single-shareholder structure is common, but the documentation and beneficial ownership records still need to be clean.

Foreign ownership is common, but the ownership chain, beneficial owner records, and source-of-funds profile should be clear before formation starts.

The practical issues usually arise around tax planning, banking, management control, and ongoing filings rather than the basic ownership concept alone.

Key points

  • Ownership chain clarity matters early.
  • Beneficial owner information should be complete.
  • Banking and tax questions should be planned separately.

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