What being a director actually means
Incorporate your Hudson business from $999, government fees included. Bilingual service, reviewed by Quebec lawyers online. Fully online.
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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.
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Hudson: a small town with a strong business culture
Hudson combines a village character, a largely anglophone community and a population of professionals, active retirees and entrepreneurs. It has local retail, professional services, real estate and many small family corporations.
Being a director is not an honorary title
Many small corporations appoint a spouse, friend or relative as director, often without explaining what it entails. Yet a director has legal duties: to act with prudence and diligence, in the corporation's interest, with honesty and loyalty.
They also carry specific personal liabilities, notably for unremitted source deductions and certain unpaid wages. Those obligations persist even if the person never actively took part in management.
The practical rule: only appoint as director someone who understands and accepts the role. A Quebec corporation can operate with a single director, often the best option for a small business.
Online incorporation, reviewed by lawyers
Bilingual service. 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 Hudson business?
For a local clientele, the provincial regime fits. Recall that Quebec law imposes no residency requirement on directors, unlike federal law which requires at least 25% resident Canadians.
Shareholder and director, two distinct roles
The shareholder owns, the director manages. In a small corporation it is often the same person, but the roles remain legally separate. That distinction matters as soon as you welcome a passive investor or transfer shares without transferring management.
Your obligations once incorporated
Annual updating declaration, a current minute book, a separate corporate tax return and resolutions recording major decisions.
Common questions from Hudson entrepreneurs
My spouse is a director but does not work in the business. Is that risky for them? Yes, they carry the role's liabilities. Remove them from the board if they do not genuinely participate.
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