Shareholders' Agreement
Business incorporation entails costs and administrative procedures. Accounting and taxation are 2 aspects of a business that often require more expertise, given that there are financial statements, tax returns and other documents to be filed each year, sometimes requiring the use of lawyers, notaries, accountants or business advisors in Terrebonne.
If you decide to incorporate your company, Business Incorporation professionals can assist you in your efforts.
Minute Bookkeeping
To facilitate the incorporation of your business, your terrebonne-based company is willing to keep a minute book. Indeed, the minute book is a document belonging to your company that includes records as well as documents that attest to its legality. This book is better known as a companion book in Quebec.
For impeccable and flawless bookkeeping, trust the qualifications of our experts. In addition, we provide you with a minute book in digital version that you will receive directly in your mailbox.
Consulting corporate lawyers in Terrebonne
Business incorporation requires that you consult a lawyer in advance in order to have an expert opinion. Incorporating a business is about taking that business, whether sole proprietorship or otherwise, and then transforming it into a joint-stock company. Thus, the company is invited a legal personality.
Thanks to this incorporation, the insolvency of the company affects much less the assets of the director and that of his employees. It also has many advantages in the financial field and in terms of taxation. This is a strategic DAS business area of your company.
However, this incorporation comes with heavy structural responsibility, administrative costs and judicial formalities to be completed by your organization. All these steps are related to incorporation. This is the role that a lawyer plays, who will ensure that incorporation is right for your business.
To the extent that the incorporation of your company is effective, your lawyer will have to take certain steps. Among other things, it will:
- Establish the share capital;
- Choose the name of the company;
- Issue shares;
- Appoint directors.
Only lawyers or jurists are authorized to take the necessary steps to incorporate a company. Thus, our experts are very useful in this task.
Shareholders' Agreement for Enterprise in Terrebonne
Incorporation Entreprise in Terrebonne is responsible for drawing up a shareholders’ agreement. Indeed, the shareholders’ agreement is a contract that contains separation clauses. The latter is responsible for proposing solutions to any problems that may arise between shareholders.
If your company does not have this agreement, then it will be much more exposed to the unexpected. This document establishes the rules related to the sale of shares, the management of the shareholders as well as the company.
There are three types of shareholders’ agreements. First, the buy-sell agreement that takes care of the purchase and sale process, whether the shareholder is alive or dead. Then, the shareholders’ agreement which brings together the conditions for obtaining the first and the behaviors to be adopted by the latter.
Finally, the unanimous shareholder agreement. The latter contains the rules relating to the shareholders’ agreement and the governance of the enterprise.
In a shareholders’ agreement, there are five situations to be provided. We have voluntary withdrawal, forced withdrawal, discord, death, acquisition by a third party. Our incorporation company in Terrebonne is responsible for the establishment of this agreement at a lower cost and in record time.
Business Creation Assistance in Terrebonne
We also offer you our business creation services in Terrebonne. For all your QC/CA incorporation problems and difficulties in name search. For the steps concerning the granting of the initial declaration, call on our incorporation company in Terrebonne.
We offer registration and legal organization services. We make it easy for you to do with your GST/QST number.
Our incorporation company is responsible for preparing all administrative and legal documents related to incorporation. We also take care of establishing a completed minute book. These contain the resolutions of the directors and shareholders and the registers and certificates of shares.
Our company takes care of the steps related to the certificate of incorporation, initial declaration or registration. In addition, our service includes delivery anywhere in Quebec. We also grant you a Québec business number.
Creating tax bills
Both the product and service tax and the Quebec sales tax (HST and QST) are collected in Quebec.
Who needs to create a TPS or TPQ account?
Any partnership carrying on a commercial activity must subscribe to the GST and TPQ with income in Québec. This becomes an obligation if your taxable services are greater than $30,000, if you have a service or limousine. Also, if you impose entrance fees on the public to an event.
When and how to create a TPS or TPQ account?
For the QST, you must create your account before collecting your first taxable supply. The GST account, meanwhile, must be made on the 30thth day after the day you make your first taxable supply in Canada.
Registration can be done by email or phone. You can also do so on the revenu Québec platform. It is possible to do this in person at one of revenu Québec’s offices.