Ready to take your business to the next level? AccountingX Inc. can guide you through the process of incorporating in just five simple steps. But first, here’s what you need to know.

What is an Incorporated Business?

Incorporated businesses in Quebec are distinct entities that can own property, sign contracts, and face legal actions independently of their shareholders.

Benefits of Incorporating

• Tax Savings: Lower taxes.

• Limited Liability: Reduced financial risk.

• Income Splitting: Tax advantages.

• Longevity: Business continuity.

Federal vs. Provincial Incorporation

Choose federal incorporation for multi-province businesses or provincial if you operate only in Quebec. Consulting a specialist can help align your decision with your goals.

5 Steps to Incorporate

1. Choose Jurisdiction: Federal or provincial?

2. Name Your Corporation: Select a unique name.

3. Reserve Your Name: Optional but recommended.

4. Submit Documents: File necessary paperwork.

5. Finalize: Pay fees and receive your Québec Enterprise Number (NEQ).

DIY Incorporation

You can incorporate on your own, but AccountingX Inc. recommends professional help, especially if you have multiple shareholders.

Get Started with AccountingX Inc.

Ready to incorporate? AccountingX Inc. offers expert guidance. Contact us today to start your journey!