CANADIAN LIMITED PARTNERSHIP

We are JTC, an independent, award-winning provider of fund, corporate and private wealth services to institutional and private clients.

Established in 1987, we now have around 600 people in offices globally, with assets under administration of c.US$85 billion.

Our independence and shared ownership culture means we share the same priority: the best interests of our clients.

WHY JTC?

  • Global footprint with local experts in offices across five continents
  • Entrepreneurial spirit and can-do attitude
  • We offer both ‘productized’ and ‘tailor-made’ solutions

CANADIAN LP STRUCTURE

  • The client (or a trust) acts as Limited Partner while JTC would set up a US LLC as General Partner
  • The limited partner’s liability is limited to the extent of its contribution
  • The LP will hold financial or any other kind of assets

CANADIAN LP - BENEFITS

  • Not subject to Canada income tax, except for Canadian source income
  • Preserves client confidentiality
  • Mitigates US estate tax (1)
  • Considered transparent for Mexican tax perspective, which allow tax benefits on investments through Mexican SIC
  • Succession planning of the assets held by the LP (i) limited, through a "succession clause" in the LP agreement, or (ii) unlimited, through terms of a trust if the client sets up a trust as limited partner of the LP

(1) To be checked by client with legal/tax advisors

FEES (USD)

Set-up fees

5,200

Annual fees:

3,500
Optional services:
JTC as manager of US LLC  

Annual fees:

 
On the first 5m: 0.20%
On the next 25m (5m to 30m) 0.15%
On the next 30m (30m to 60m) 0.10%
On assets over 60m: 0.05%
Minimum fee: 5,000