Passing on a farm or family business
Incorporate your L'Assomption business from $999, government fees included. Suited to farms and family business succession planning.
Agriculture and services in Lanaudière
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.
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L'Assomption: farmland and residential growth
L'Assomption combines some of Quebec's most fertile farmland, a historic village core and sustained residential growth. Market gardening, field crops, processing, agricultural services, retail and construction make up most of the economic activity.
Many operations have belonged to the same family for two or three generations. That puts one question at the centre of concerns: how to pass it on without dismantling everything.
Why a sole proprietorship transfers poorly
An operation held personally cannot be transferred as a whole. Land, buildings, machinery and quotas move separately, each with its own tax consequences. The successor must finance the acquisition all at once, which is often out of reach for a child starting out.
A corporation changes the mechanics. The business becomes an entity holding the assets, and transfer happens through shares, gradually. You can sell a minority, then more, supporting the successor over several years while keeping an income.
Planning that requires specialists
Transferring a farm business involves particular tax rules, notably on the exemption applicable to farm property and on intergenerational transfers. These arrangements are prepared with an agricultural tax specialist and sometimes a notary. Our role is to properly form the corporation that makes them possible. Our pricing includes government fees. See our online incorporation guide or start your incorporation.
By opening a NBC business account.
Starting early changes everything
A well-managed transfer is prepared five to ten years ahead. That leaves time to organize ownership, use available tax mechanisms, gradually bring the successor into management and avoid a rushed sale at retirement or after a health problem.
Provincial or federal for an L'Assomption business?
For a farm operation or a business serving the Quebec market, the provincial regime is the usual and least costly choice to maintain.
Your obligations once incorporated
Annual updating declaration, a current minute book, a separate corporate tax return and resolutions recording major decisions. At transfer time, these documents are examined first.
Common questions from L'Assomption entrepreneurs
Should I transfer the land into the corporation? Not necessarily. Many farm structures keep land outside the corporation. That decision carries significant tax consequences to assess case by case.
My children do not yet know if they will take over. Is it premature? No. The structure keeps its advantages even if succession remains uncertain, and it also makes a sale to a third party easier.
Compare your options in REQ, platform or notary, or start your incorporation.