Issuance of shares

A share is issued by a corporation when a person, including an individual or another company, makes a subscription offer to the corporation to become a shareholder, and the corporation accepts the offer. Unlike a share transferred from one person to another, a newly-issued share was not in circulation before it was issued, and its issue “creates” it. To ensure that this transaction is properly monitored, we prepare the legal documentation required to make the issue valid, and once the documents have been signed, we take the necessary administrative steps with the appropriate government corporate registry, if applicable, to take account of this change.
A share is issued by a corporation when a person, including an individual or another company, makes a subscription offer to the corporation to become a shareholder, and the corporation accepts the offer. Unlike an issuance of shares from one person to another, a newly-issued share was not in circulation before it was issued, and its issue “creates” it. To ensure that this transaction is properly monitored, we prepare the legal documentation required to make the issue valid, and once the documents have been signed, we take the necessary administrative steps with the appropriate government corporate registry, if applicable, to take account of this change.   Since the issuance of shares may have tax consequences, we recommend that you enlist the help of your accountant, tax specialist or appraiser to validate the value at which the shares may be issued and the tax impact of such a transaction. We will need this value in order to complete the drafting of the legal documentation. If necessary, we can refer you to our partner accountants, tax specialists or an appraiser.    What’s included :
  • The necessary legal documents (subscription offer, prospectus exemption, directors’ resolutions, updating of internal registers) generated by our technology;
  • Electronic signature of documents ;
  • Administrative procedures with the appropriate government corporate registry ;
  • Validation of documents by lawyers; and
  • Customer service support.
  Not included:
  • Preparation of accounting or tax opinions or valuation reports; and
  • Adding shareholders to Revenue Canada, Revenue Quebec, bank accounts and social network accounts.
Émission - Issuance
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I want to issue new shares

Issuance of shares

$600.00

How many shareholders will be involved in the issuance of shares? *

An additional fee of $150 applies for each new issuance, whether it involves a new type of share or an additional shareholder. This fee applies even if you are issuing different types of shares for a single shareholder.

If you are planning more than 5 new issuances, we kindly request that you reach out to our customer service department so that an attorney can manage your entire case.

Acknowledgment of Prior Fiscal/Accounting Consultation *

Lexstart does not comment on the tax impacts of such transactions. When purchasing our Lexstart kits (dissolution, issuance, transfer), it is crucial to consult a professional for the tax and accounting implications. This ensures that you are well informed about the consequences for your business.

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Issuing shares is not just a financial operation; it is a legal process that requires strict compliance to welcome new shareholders or investors. This operation may require the assistance of a business evaluator and a tax specialist.


 

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Frequently asked questions

Lexstart is a pioneering legal platform, utilizing technology to transform access to legal services for entrepreneurs. Our team is committed to simplifying the complexity of business law. We support businesses from their inception to their success, handling all necessary administrative procedures. Moreover, thanks to our automated document creation technology, we provide customized standard contract templates based on your responses.

Lexstart provides a range of online legal services that empower you to manage your business with confidence. This includes kits for incorporation, shareholder agreements, registration, and much more. Additionally, we offer tailored attorney consultations for more specific corporate law needs.

Our online services are designed to be simple and convenient. You select the service kit that suits you, fill out an online form, and we take care of the rest. The entire process is electronic for your convenience.

Absolutely! Lexstart simplifies the process of starting a business. Our online legal service kits guide you through each step, and our support team is always there to assist if needed. With Lexstart, launching a business is fast, affordable, and secure.

Absolutely. In addition to our innovative technology, we are also a team of experienced corporate lawyers who can assist you with all your legal needs. We have the expertise and resources to help you manage your business with confidence.

Yes, Lexstart is much more than just an online legal platform. It’s also a corporate law firm (business law) comprised of a team of experienced attorneys who can assist clients with all their specific legal needs.

Choosing Lexstart means opting for speed, affordability, and security for your legal needs. Lexstart is unique in that we blend legal expertise with technology to make legal services more accessible. Furthermore, we provide unlimited and free customer support to assist you at every step of the process. Our solutions are designed to be straightforward and practical, enabling you to save time and money.

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