FAQ
Frequently Asked Questions (FAQ)
Find answers to the most common questions about our services and policies. Whether you're looking for help with an order or need clarification on our processes, this page is here to assist you quickly and efficiently.
A corporation, also known as a company, is a legally constituted entity, distinct from its owners, who are the shareholders, and run by its officers with the aim of generating profits for distribution to its shareholders.
If your company intends to operate under a name other than its legal corporate name, then you must register this name under the Business Names Act. For example, if your corporate name is ABC Ltd. and you wish to open a restaurant called ABC Diner, then the latter name must be registered. As well, if you are entering into a partnership or sole-proprietorship you will need to register your business name.
GST & QST – This stands for Goods and Services Tax and Quebec Sales Tax. If you supply taxable services or property, then you must collect GST and QST and remit this to the government. If you do not expect to make a profit or are supplying tax-exempt property or services, then you cannot register for these taxes. Small suppliers (sales less than $30,000) can register for these taxes but they do not have to.
A minute book is used to store all important corporate documents such as the articles of incorporation, the minutes of shareholders and directors meetings, stock certificates, tax filings, by-laws and other legal documents.
A shelf company is a corporation that has been previously incorporated; the ownership of which we can transfer to you for your immediate use.