Incorporating a company is a crucial step in the entrepreneurial journey. This process gives a commercial entity a legal identity separate from its owners. Incorporation offers several benefits, including limiting shareholders’ liability, easier access to financing, and establishing a clear, formal organizational structure. However, the process also involves complexities such as choosing the most suitable legal structure, filing the articles of incorporation and initial declaration—including setting up share capital—with the Quebec Enterprise Registrar, and maintaining a complete minutes book. Contact us to successfully navigate this important step!
By incorporating your business, you create a separate legal entity. This means your personal financial responsibilities are generally limited to the amounts invested in the business. In the event of litigation or debt, your personal assets are generally protected.
An incorporated business often conveys an image of credibility and stability to potential customers, suppliers, and business partners. Customers may be more likely to do business with an incorporated company, which can help build strong business relationships and foster business growth.
Companies incorporated in Quebec may benefit from certain tax advantages, such as reduced tax rates for small businesses. In addition, companies may be eligible for specific tax deductions and credits, which can help reduce the company's overall tax burden.
Incorporated companies often have easier access to financing than sole proprietorships or partnerships. They can issue shares to raise capital, obtain bank loans more easily, and attract investors by offering ownership shares in the company.
NG Avocate inc. est un cabinet d’avocats fondé en 2025, offrant un large éventail de services juridiques, notamment en droit corporatif et droit commercial.
Nicki is a Canadian law firm founded in 1982. They offer a wide range of legal services, including corporate law, commercial law.
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