I have two Canadian friends, but they are worried about the process. Are you suggesting that they would need to serve as the statutory agent for a Canadian LLC?
Assuming that works, would the funds need to come from a Canadian bank?
If so, asking them to open a Canadian bank account seems to be a deal breaker.
Yes, a Canadian corporation needs a local registered agent. That person is not a Director or shareholder though, and has no legal or tax liability. There are companies (law firms) that can do this for you as well I think.
The bank account is trickier, but I am pretty sure it can be done without visiting in person (for a business account). You'd have to contact one of the big 5 banks to find out for sure. Your agent has nothing to do with this though, those docs need a Director's signature.
Although I don't even know if the broker would care if the funds came from a Canadian bank, they may not.
