A non-profit organization (NPO) is a form of organization whose primary purpose is to pursue and promote, among other things, a social, cultural, educational or religious mission, rather than to make a profit. NPOs are generally created to serve the public good and meet social needs, and are often tax-exempt due to their non-profit status.
Since March 31, 2023, in order to improve transparency, protect the public and fight against fraud, money laundering and tax evasion, enterprises incorporated and/or registered in Quebec have to declare new information to the Registraire des entreprises du Québec.
As of June 2019, it is mandatory for all corporations incorporated under the Canada Business Corporations Act (CBCA) to maintain a register showing all individuals who have significant control over the corporation (s. 21.1(1) CBCA). By choosing to incorporate with Lex...
Bill 96, which was adopted by the National Assembly on May 24, has certainly been an interesting topic in recent weeks as many questions regarding its effects on Quebec businesses arose. Indeed, numerous changes to the Charter of the French Language (hereinafter, the...
In Quebec, an enterprise that is subject to the provisions of the Privacy Act is responsible for complying with it. This responsibility is twofold; to ensure the confidentiality of personal information, and the enforce the right to access and rectification of personal...
Your online terms and conditions agreement governs the collection, communication and use of personal information of individuals who use your website, mobile application, or social media platforms. Read this article to discover the legal foundation of privacy law in...
If you incorporate your business in Alberta, you have to think about the advantages offered by the federal or the provincial law. Moreover, you may want to keep in mind some practical considerations related to your incorporation. This article will present the...
If you incorporate your business in British Columbia, you have to think about the advantages offered by the federal or the provincial law of incorporation. Moreover, you may want to keep in mind some practical considerations related to your incorporation. In this...
In Canada, a "regular" shareholders' agreement or a unanimous shareholders' agreement may contain a number of general and specific provisions in order to accomplish their objectives. Come and discover the many terms your shareholders’ agreements can contain. Some of...
A shareholders’ agreement is a contract between two or more shareholders of the corporation OR between one or more shareholders and the corporation in Canada. Come and discover the two types of shareholders’ agreements, and why these agreements are important. In this...
The purpose of registration is to give the company an official existence. We can compare a business registration to a passport for a physical person. If you choose to incorporate as a corporation, registration will be the first step. Come and discover how registration...
Incorporating your business without the help of a lawyer seems easy to do since websites are full of information about that matter. However, there are many issues and risks involved. Read this article to find out why it is best to hire a lawyer for your...
As we can see, it is not so much a question of who gets the title of "boss" within a company. The company is managed jointly by several players to ensure that it operates in the most efficient way. Come discover the types of actors, their rights and their...
Many entrepreneurs still confuse the notions of "directors" and "managers". Learn more about the role, responsibilities and duties of an executive in Quebec. The role of managers is often confused with that of directors. This confusion is quite understandable....
Shareholders are natural or legal persons who own shares issued by a Quebec company. The purpose of a shareholder is therefore to invest in a company in exchange for shares. Learn more about the rights, duties and relationship between shareholders of a Québec...
A good trademark allows the company which submits it to distinguish itself and protect it from those who wish to use it illegally. This article will explain what a trademark in Canada is and the different steps to protect it. A good trade-mark not only allows the...
The role of the director plays a key role in the Quebec business corporation. He or she is responsible for making all management decisions regarding the company's activities and must therefore respect multiple obligations. Come and discover the rights and duties of...
Establishing your own business in Ontario requires you to think about multiple considerations, among which the structure of the company plays a fundamental role. Every business must have a solid structure under which it operates and develops. Check out the most common...
The choice of name is just as important a step as the incorporation of the Quebec company itself! To avoid the delay that a first refusal can cause, make sure that the name you have chosen is available and, on the other hand, that he respects the criteria established...
In Ontario, a not-for-profit organization can operate as a trust, association, provincial or federal co-operative, or provincial or federal corporation. Read this article to learn about the advantages of choosing this legal structure for your business in...
Shareholders are persons (individuals or legal entities) who own shares issued by a company: they invest in a company in exchange for shares. Come and discover the rights that shareholders get in exchange for shares and the relationship between them. Although we have...
A director in Ontario has multiple obligations when acting on behalf of the corporation. If adirector fails to fulfill these duties, he or she may be liable under common law, statutory lawor corporate law. Find out what are the rights and duties of a director in an...
An entrepreneur running a start-up in Ontario often assumes the roles of shareholder, director and officer at the same time. That said, the role of an officer differs from that of a director in many ways. Find out how an officer carries out his duties within a Ontario...
The company is managed in concert between several actors to ensure that it operates in the most efficient way possible. In the case of start-ups, usually one or a few people who take on the responsibility to be all at once the shareholders, directors and officers....
Choosing your business name is certainly the most important decision as an entrepreneur. In making your choice, you will need to consider practical and legal factors under the Ontario Business Corporations Act. Here’s all the steps you need to take to choose your...
An entrepreneur may govern and register its corporation under the provincial or the federal law; the former is the Ontario Business Corporations and the latter is the Canada Business Corporations Act. Key factors have to be in consideration such as the business name,...
Creating a business is an intense process with many competing emotions. The combination of excitement and stress, coupled with fatigue from long hours of work, can be a difficult to manage. Therefore, a helping hand is a luxury you cannot pass up. As a young start-up...
The structure and the Constitution of Canada mean that Quebec entrepreneurs have a choice: incorporate their company under the federal system or under the Quebec provincial system. Come and discover what best suits your business. Let me take you back to elementary...
Simon and Léa chose to incorporate their business Troque tes fringues, but, as we mentioned here, they could have chosen many other legal forms. Among those, there is the general partnership. Even though we briefly presented it before, the general partnership’s...