Preparing succession and business transfer
Incorporate in Drummondville from $999, government fees included. A structure suited to manufacturing and business succession.
A dense manufacturing base in central Quebec
Complete legal filings
Each incorporation includes all legal filings required to create a compliant and operational corporation from day one.
Share capital structure
Depending on the option selected, your share capital structure is prepared in a simple or advanced format to support the future evolution of your business.
Digital minute book
All corporate documents are delivered in a digital minute book, ready for electronic signature and secure record keeping.
Professional validation
Documents are prepared according to established legal standards and reviewed before delivery.
Human support
Our team supports you throughout the process and provides guidance when decisions need to be made, without unnecessary complexity.
Incorporate your business
Build your company in Quebec or federally with a strong legal structure from day one.
Keep your company’s annual filings up to date and maintain compliance of your corporate minute book.
Access professional legal templates to structure relationships with your employees, partners, and suppliers.
By opening a NBC business account.
A guided process, from information gathering to final document delivery.
Each step is designed to ensure compliance and legal consistency.
Tailor your incorporation to your needs (simple or advanced structure).
Each file is reviewed before delivery to ensure a reliable outcome.
Our incorporation guides
Clear resources to help you understand the legal aspects of starting a business.
Incorporation
Discover the complete guide to incorporation in Quebec. Essential steps, expert tips and key information to create and manage your corporation.
The Complete Guide to Incorporating in Quebec (QBCA)
Everything you need to know to incorporate under the Quebec Business Corporations Act. Key actors, articles, costs and the process explained simply.
The Complete Guide to Federal Incorporation in Canada (CBCA)
Incorporate your business under the Canada Business Corporations Act. Key actors, articles, annual costs and the federal incorporation process explained clearly.
The Complete Guide to Incorporating in Ontario (OBCA)
Incorporate your business under the Ontario Business Corporations Act. Key actors, articles, annual costs and the provincial incorporation process explained clearly.
Real results that demonstrate our expertise and commitment.
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Drummondville: an uncommon manufacturing density
Drummondville was built on manufacturing. Furniture, plastics, metal, agri-food, technical textiles, equipment: Centre-du-Québec holds a remarkable concentration of industrial SMEs for its population, supported by a central location and easy access to the Montréal, Quebec City and Sherbrooke markets.
Many of these businesses are twenty, thirty or forty years old. They are now reaching a stage the region is living through collectively: transfer to a new generation of owners. That is where legal form becomes decisive.
A sole proprietorship is not transferred, it is wound down
This is the most misunderstood difference. A sole proprietorship is legally inseparable from its owner: it cannot be sold as a whole, only broken into assets. A corporation exists independently of you. It transfers through shares, gradually, to a child, a key employee or an outside buyer.
That structure also enables transfer mechanisms a sole proprietorship makes impossible: gradual sale of share capital, bringing in a minority successor, tax planning around the transfer. These arrangements are prepared years in advance, with a tax specialist.
- A business that exists independently of its founder
- A transfer possible through shares, at once or gradually
- A reduced tax rate on the first $500,000 of eligible active business income
- A separate legal person protecting your personal assets
Online incorporation, reviewed by lawyers
Lexstart works with Drummondville entrepreneurs remotely: a 15-minute questionnaire, Quebec legal review, articles, digital minute book and initial resolutions. Our pricing includes government fees. See our online incorporation guide or start your incorporation.
By opening a NBC business account.
Provincial or federal for a Drummondville business?
A manufacturing SME selling in Quebec is well served by the provincial regime. If you ship regularly to Ontario, the Maritimes or the United States, or plan to establish outside Quebec, federal incorporation and its Canada-wide name protection deserve evaluation. A federal corporation must still register with Quebec's Registraire des entreprises.
Moving existing assets into the corporation
If you already operate as a sole proprietor with equipment, inventory or a building, the transfer into the new corporation should not be improvised. A tax rollover generally allows those assets to move without triggering immediate tax. Plan it with an accountant or tax specialist, before the transfer rather than after.
Your obligations once incorporated
Annual updating declaration, a current minute book, a separate corporate tax return and resolutions recording major decisions. When a transfer or sale happens, the buyer and their lawyer will examine these documents first. An incomplete minute book can lower a sale price or delay a transaction by months.
Common questions from Drummondville entrepreneurs
I want to hand the business to my children in ten years. Is it too early to incorporate? No, this is the right time. Transfer structures are prepared well in advance.
My business owns paid-off equipment. Can I transfer it? Yes, usually through a tax rollover, with professional guidance.
Compare your options in REQ, platform or notary, or start your incorporation.