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Are you contemplating a relocation of your business to Quebec or to another province or country? Our corporate continuance service provides a seamless solution for transferring your corporation's jurisdiction.
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Corporate continuance refers to the procedure of shifting your business's governance from one jurisdiction to another. By continuing your business, you will no longer be subject to the laws of your current location, but rather those of your new destination.
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Whether you're planning on moving your company to Quebec or from here to another location, our corporate continuance service is the ideal solution for ensuring a seamless transfer of governance. Contact us today to learn more about our services and how we can help your business navigate these intricacies.
How to move a corporation's
domicile
Once all the requisite information has been gathered, we will initiate the process of seeking a continuance with the relevant jurisdiction. The specific filing requirements will vary based on the location of both the originating and receiving companies, and we will ensure that all necessary documentation is submitted to the appropriate corporate bodies.
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Upon successful completion of the filing process, you will receive a certificate of continuance, signifying the official transfer of your company's jurisdiction. At this juncture, your enterprise will be subject to the regulatory statutes and legal framework of your chosen province or country.
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What is a corporation?A corporation is a legal entity that can enter into contracts, incur debt, and even own property. Every corporation is comprised of shareholders, directors and officers. When forming a corporation, owners transfer money, property or assets into the corporation in exchange for shares. These owners then become shareholders of the corporation and they can buy or sell their shares without affecting the existence of the corporation.
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What's a minute book?Each corporation is legally required to keep, maintain and regularly update their corporate minute book. This book is the legal history of the corproation starting from its incorporation. Each decision is recorded into the minute book which allows potential investors, the CRA and interested people (for example, a potential buyer) to assess the history of the corporation. If you need to create, re-create, or update your minute book visit our minute book page. In a minute book, you will generally find: Certificate of Incorporation Articles of Incorporation Resolutions Share Certificates Share Registry Shareholder's Register Director's Register Officer's Register
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What are Shareholders, Directors, and Officers?"Enter your answer here
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Can one person incorporate a company?Yes, one person can incorporate a company by themselves. This person will play the role of the shareholder, director and officer.
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How long does a corporation exist?A corporation can exist forever since it is a separate legal entity. It is independent from its shareholders, directors and officers. It's existence can be ended by dissolution (voluntary or involuntary).
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Do I need a lawyer to incorporate?The incorporation process requires many legal documents which are best prepared by a lawyer. You should always consult with one before incorporating to ensure you have the right and accurate documents.
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What's the difference between a named and a numbered corporation?A corporation can be incorporated using a name or let the appropriate authority provide it with a number to identify the corporation. If dealing with the public, numbered corporations will also declare a business name that they will use for their business purposes.