Steps to company formation - Canada (Quebec)
Canada (Quebec) Company Formation
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More informationBusiness registration is swift in Quebec, as it is in most other Canadian provinces. The registration procedure will be determined by the business structure chosen. Here are the 4 business structures available in Canada :
- Sole proprietorships
- Partnerships
- Corporation
- Co-operative
All registered enterprises are automatically included into the “Registraire des Enterprises” registry, marking their existence in the public knowledge.
SFM is fully licensed to register a business in Quebec. Aside from company registration, we also provide other ancillary services, such as bank account opening or professional directors. Further, we offer the below corporate services with regards to your company :- Maintaining the company’s legal status in accordance with the legislation of the state.
- Offering a registered address that you can use as your company’s official address.
- Amending your company’s name.
- Adding or removing company officers (directors, shareholders)
- Organizing contract signatures on behalf of the company.
- Transferring a business from another agency.
- Helping with further company documents as needed (Certificate of Good Standing, Certificate of Incumbency, etc.).
Start today and register your business in Canada with SFM .
Characteristics Of Canadian Company
While the company may not be liable to pay taxes, please consult with a tax/legal advisor in your country of residence, to determine your own tax liability
Canada Company, ideal for:
** Documents must be provided for every person related to the company.
Disclaimer: Nothing on this webpage shall be construed as a contractual commitment or as a warranty. Services conditions are governed by the applicable terms and conditions.
Quebec Corporation Registration: The Benefits
From taxation to business conduction and continuity of existence, there are several benefits to incorporating a company in Quebec, Canada. Many entrepreneurs choose Quebec over USA company registration because of the jurisdiction’s more lenient requirements in terms of residency, financing, solvency, and general governance rules.
Advantageous Taxation System
In Canada, non-resident businesses are only subject to tax on their income from Canadian sources. Personal income tax is based on residency as well. Company owners who remain in Canada for less than 183 days per calendar year are considered non-residents and, therefore, not liable. If you conduct business within Canada, however, income from your activities will be taxed based on your income bracket and sector of activity. Note that your personal tax liability may vary depending on your country of residence, so be sure to consult with a legal advisor to understand how your situation affects taxation.
A Jurisdiction With an Exceptional Reputation
As a member of the G7, Canada enjoys an excellent reputation, a high level of economic growth, a very stable currency, a Common legal system (Modern Corporate law), as well as exemplary political stability. If you want to set up regional headquarters in Canada, a Quebec corporation registration will give you a strong, prestigious entity for conducting your activities.
A Straightforward Registration Process
Whether you run a small business or a larger company, incorporating your business in Quebec opens up opportunities and grants you optimal legitimacy to operate in Quebec, Canada, or anywhere in the world (particularly with French-speaking nations). From registering your corporation’s name to compiling the necessary documents and submission to the authority, SFM is here to simplify the Quebec corporation registration process.
Run Your Business From Anywhere in the World
All federally registered Canadian corporations are required to have a board of directors and hold regular meetings. While the QBCA (Quebec Business Corporations Act) and the CBCA (Canada Business Corporations Act) both allow these meetings to occur anywhere, CBCA regulations are less permissive when it comes to the directors’ residency status (at least one out of four must reside in Canada). In Quebec, this restriction does not apply, and an officially registered local agent can help you handle everything remotely.
Federal vs. Provincial Quebec Corporation Registration
Choosing the right jurisdiction is a crucial part of the Quebec corporation registration process. The distinction between incorporating your business federally or provincially lies in the regulations that apply to your administrative and practical rights and obligations.
Federal Incorporation (CBCA)
One of the distinctive aspects of incorporating your company federally in Quebec is name protection, particularly if you wish to operate in multiple provinces and territories across Canada. While this solution allows you to register your business in Quebec, it is not limited to this jurisdiction, which means your headquarters may be located anywhere in Canada. Note that you may find the registration fees to be lower, but expect to incur additional costs for a NUANS name search report and to create all the documents necessary to complete your incorporation.
Provincial Incorporation (QBCA)
Putting your Quebec corporate registration through at the provincial level is a more straightforward process, as you will be automatically registered with the Registraire des Entreprises “Registrar” without any additional steps. Provincial incorporation also does away with NUANS name reports and does not require business owners to assign a board of directors (whereas federally incorporated companies call for a board of directors, and at least one director in four must be a Canadian resident). Provincially incorporated companies also benefit from additional flexibility in the issuance of shares.
Should You Set Up Your Company in Quebec?
Is a Quebec corporation registration right for you and your business? Small and large businesses alike can benefit from a Canada incorporation. Business specialists, service providers (entrepreneurs, advisors, consultants, etc.), e-commerce professionals, international traders, holders of intellectual property rights, and many more find that running a Quebec-based enterprise offers sizeable benefits.
Quebec Corporation Registration Made Simple
Our experts are here to guide you through the Quebec corporation registration process and help you make the right decisions from the start so you can meet your short- and long-term goals. From selecting your business entity to opening a bank account, SFM dedicates a local specialist to your enterprise, providing a comprehensive range of services to free up your time and give you the confidence to do what you do best: run a successful business.