incorporationquebec

  • What is a trademark? A trade mark is a combination of letters, words, sounds or symbols that identify and distinguish the goods and services of one company from those of another. Trademarks are valuable intellectual property assets because they reflect your company's identity and are an effective way to build your reputation and gain recognition. A good trade mark increases
  • In Canada, a corporation may be incorporated under either provincial (in this case, Quebec law) or federal legislation. There are differences between these two incorporation regimes, although there are not really any fundamental differences. Ultimately, a provincial corporation is not necessarily limited to the territory of the province in which it is incorporated to carry on its activities; and conversely, a federal corporation may very well carry on business locally without having a local focus.
  • It is common in family business structures that the shareholder of the company is not the founder of the company directly, but rather a family trust, with the founder and all family members as beneficiaries. The trust may become a shareholder at the start of the business, but more often it will become a shareholder on the occasion of a share freeze, when the business has reached a certain value and profitability. Here is an overview of
  • A unique feature of Canadian tax and corporate law is the use of the share freeze in the context of a reorganization of a corporation. This article provides a general and introductory overview of the share freeze. What is a share freeze? A share freeze generally involves the exchange or conversion of common shares into redeemable preferred shares that will be valued at the fair market value of the common shares
  • The corporation (inc.) and the general partnership (s.e.n.c.) both allow a business to be operated by several people, as shareholders or partners. There are several differences between these two types of business operations, both legally and fiscally. We offer you an overview of 3 major differences. Legal personality and liability of the members corporation is a "legal person", with a legal personality
  • An amalgamation is the joining of several corporations into one, and requires articles of amalgamation to do so. In order to amalgamate two or more corporations, it is imperative that the amalgamating corporations be governed by the same law; for example, it is not possible to amalgamate a provincial corporation with a federal corporation. In this case, one of the corporations must be continued in the other
  • The Quebec regime for business corporations, as well as other provincial regimes (including Ontario and British Columbia), expressly allows for the issuance of uncertificated shares in its Act. This is also the case for almost all of the incorporation regimes of the various American states. Although relatively little used by private companies in Quebec, uncertificated shares are gaining in popularity. We offer an overview of the various advantages of choosing to issue uncertificated shares
  • It is possible at any time to add one or more shareholders to an existing company. The following is an overview of some practical considerations when adding a shareholder to your corporate structure. Sale or issue of shares? There are generally two ways to add a shareholder: the sale of existing shares, or the issuance of new shares. When proceeding by sale, a shareholder disposes of part of his shares, in exchange for
  • The unanimous shareholder agreement allows shareholders, under corporate law, to restrict or withdraw, in whole or in part, the decision-making powers of directors. Unlike "regular" shareholder agreements, unanimous agreements automatically apply to any new shareholder of the corporation. This restriction on the powers of the board of directors can be translated in several ways, of which we offer an overview. 1. Shareholder approval By unanimous agreement, the shareholders can make

 

The information contained in the articles on the IncorporationQuebec.net website does not constitute legal opinions, and is only general information intended to popularise certain legal concepts relating to company law or SME taxation. The information contained in the articles may not be applicable to certain specific cases. Pronto Corporate Services Inc. and the author of the texts are not responsible for any error, inaccuracy or out-of-date information that may be contained in the articles.

July 7, 2022

The benefits of registering a trademark

What is a trademark? A trade-mark is a combination of letters, words, sounds or symbols that identify and distinguish a product or service.
July 4, 2022

Provincial or federal incorporation? Framework for analysis

In Canada, incorporation of a company can be done under either provincial (in this case Quebec law) or federal legislation. There are differences between these
June 21, 2022

Family trust as shareholder

It is common in the structure of family businesses that the shareholder of the company is not the founder directly, but rather a family trust,
May 27, 2022

Introduction to share freezing

A unique feature of Canadian tax and corporate law is the use of the share freeze in a corporate reorganization by
May 16, 2022

corporation and General Partnership: differences

The corporation (inc.) and the general partnership (s.e.n.c.) both allow a business to be carried on by several people, either as shareholders or as a partnership.
April 13, 2022

Three types of company merger

A merger is the uniting of several joint stock companies into one, and requires articles of merger to do so. In order to carry out a
March 31, 2022

Advantages of uncertificated shares

The Quebec business corporation regime, as well as other provincial regimes (including Ontario and British Columbia), expressly permits the issuance of uncertificated shares in its Act.
December 28, 2021

Adding a shareholder: practical considerations

It is possible at any time to add one or more shareholders to an existing company. Here is an overview of some practical considerations
December 20, 2021

The unanimous shareholders' agreement

The unanimous shareholder agreement allows shareholders, under corporate law, to restrict or withdraw, in whole or in part, the decision-making powers of