{"id":536,"date":"2013-11-09T01:10:40","date_gmt":"2013-11-09T01:10:40","guid":{"rendered":"http:\/\/www.weblegal.ca\/?page_id=536"},"modified":"2023-09-29T21:26:35","modified_gmt":"2023-09-29T21:26:35","slug":"quebec","status":"publish","type":"page","link":"https:\/\/www.weblegal.ca\/incorporation\/quebec\/","title":{"rendered":"How to Incorporate in Quebec – Guide to Quebec Incorporation"},"content":{"rendered":"

One of the most important aspects of starting a small business in Quebec concerns the legal form the enterprise will take. Business owners have three choices for their business: sole proprietorship, partnership or a corporation. People often choose the corporation legal structure for their business because it offers certain advantages over the other two options.<\/p>\n

A corporation functions as a distinct and unique entity. Along with separate tax and legal obligations, a corporation has rights, privileges and liabilities. A Corporate entity remains separate from its managers, owners and board members. Shareholders own the corporation and a Board of Directors manage the organization. Board members appoint Corporation officers, develop policies and approve transactions entered into by the Corporation.<\/p>\n

Beside reducing personal liability for managers and board members, a Corporation enhances the business credibility, makes it easier to raise capital, and can manage has its own credit without the need for personal guarantees. <\/p>\n

In addition, incorporating a Quebec business allows for the centralization of all management operations. Corporations have a perpetual existence, which means the death of an owner or the transfer of shares does not affect the corporate entity, which remains in force until officially dissolved.<\/p>\n

The Canada Business Corporations Act (CBCA)<\/i><\/a> provides legal guidelines for Federal Corporations. The Quebec Business Corporations Act<\/i><\/a> governs Business Corporations incorporated in the Province of Quebec.<\/p>\n

This page explains the process of incorporating a business in Quebec, Canada. Our Incorporation article<\/b><\/a> covers the differences between a Federal Corporation and Provincial Corporations, including a Quebec Corporation.<\/p>\n

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Quebec Incorporation Fees<\/h2>\n

Incorporating a Corporation in Quebec requires the business owners to file multiple documents. The owner must also pay incorporation fee when filing.<\/p>\n