Are you contemplating moving on from your business venture?
​
The dissolution of a business involves the formal closure of all operations and activities, ensuring that it is no longer in operation. This can be a complex and time-consuming process, but with our expert guidance, you can rest assured that it will be handled with precision and efficiency.
​
We will work with you to understand your unique situation and guide you through the winding-up process step-by-step. From filing the necessary paperwork to settling outstanding debts, we are equipped to handle every aspect of the dissolution process.
​
Allow us to assist you in moving on to the next chapter with confidence and peace of mind. Contact us today to learn about how we can help you with the wind-up process.
How To Dissolve a Corporation in Quebec
If you are seeking to dissolve your corporation, it is important to ensure that your company is in good standing and that the individuals in positions of authority have granted their consent. We can assist you in the dissolution process by initiating the necessary requests on your behalf.
​
To begin the process, your corporation must first distribute its property, settle any outstanding liabilities, and submit the required tax forms. Our business law firm can assist you in the dissolution process by initiating the necessary requests on your behalf.
​
Once these initial tasks have been completed, we will then take care of filing the essentiel documents with the appropriate corporate registry. This will allow us to obtain the certificate of dissolution that signals the successful termination of your company.
​
At our firm, we understand the intricacies of the dissolution process and the importance of ensuring that everything is completed correctly and efficiently. Our expertise can help facilitate a smooth and successful dissolution of your corporation, allowing you to move forward with confidence.
-
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.
-
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
-
What are Shareholders, Directors, and Officers?"Enter your answer here
-
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.
-
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).
-
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.
-
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.