Buying equipment: in whose name?
Incorporate your Lachute business from $999, government fees included. Suited to equipment purchases, financing and machinery.
Manufacturing, agriculture and services in Argenteuil
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.
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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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Lachute: machinery, agriculture and small industry
Lachute serves as a service centre for Argenteuil, with a manufacturing base, significant agricultural activity, construction, transport and a market known for used equipment and machinery.
In that economy, one decision recurs constantly: buying equipment, often used, often on credit. And one question always follows: in whose name?
What buying in the corporation's name changes
Equipment bought by the corporation belongs to it. The corporation depreciates it, deducts the financing interest, insures it and answers for damage it causes. If one day you sell or transfer the business, the equipment follows, simplifying the transaction.
Equipment bought personally and then lent to the business creates ambiguity: deductibility becomes debatable, insurance may be poorly matched, and in a claim tied to that equipment, your personal liability is directly engaged.
One important nuance: for a loan to a young company with no track record, the lender will almost always require your personal guarantee. That does not make the corporation pointless, since the guarantee is limited to what you accept and is negotiable, whereas a personal purchase binds you totally and automatically.
Online incorporation, reviewed by lawyers
Our pricing includes government fees. See our online incorporation guide or start your incorporation.
By opening a NBC business account.
Buying used: verify before paying
For used equipment, two checks are essential before the transaction. First, is the equipment encumbered by a security interest in a lender's favour? A public register lets you verify this, and buying encumbered property can expose you to repossession. Second, obtain a clear invoice in the corporation's name, essential for depreciation and insurance.
Provincial or federal for a Lachute business?
For a Quebec market, the provincial regime is enough. Federal may deserve review if you buy and resell equipment across provinces.
Your obligations once incorporated
Annual updating declaration, a current minute book, a separate corporate tax return and resolutions recording major decisions, including significant equipment acquisitions.
Common questions from Lachute entrepreneurs
I already bought my machinery personally. Can I transfer it? Yes, generally through a tax rollover to avoid immediate tax. Plan it with an accountant.
The seller wants cash with no invoice. Is that a problem? Yes. Without an invoice in the corporation's name, you lose depreciation and complicate both insurance and resale.
Compare your options in REQ, platform or notary, or start your incorporation.