Canada is one of the wealthiest countries in world thanks to its booming economy. One of the business centers where the majority of companies are concentrated is Quebec which is home to the second largest city in Canada: Montreal.
Montreal is home to half of the population of the Quebec province which makes a great place to set up a company in. Foreign investors who want to open companies in Montreal can rely on our agents in Canada for company formation services.
Company registration requirements in Montreal, Québec
Those who want to open a company in Quebecmust know that the company registration procedure can be completed at national or territorial level. In the case of Montreal, the company formation procedure must be completed with the Trade Register in Quebec, which is why the services of local consultants is recommended.
Our company incorporation advisors can explain the local regulations related to starting a business in Montreal and can prepare the company’s Articles of Association in accordance with the laws in Quebec.
Compared to other Canadian cities, Montreal does not require for certain types of structures to be registered. Among these sole proprietorships and joint ventures which bear the name of owners, respectively one of the partners.
Taxation in Montreal
Taxation is important when choosing to open a company in Quebec. From this point of view, Montreal relies on a progressive taxation system which starts at 15% and goes up to 25.75%. However, not all income is taxable in Montreal, as there are certain types of earnings such as inheritances and lottery winnings which are not taxed in this city.
With respect to the corporate tax, this is levied at a rate of 11.7% in Montreal, which is one of the lowest rates in Canada.
Why choose our company formation services in Montreal?
Our Canadian representatives offer full company formation services in Montreal, among which we mention the following:
- preparation of the company documents and filings with the local Trade Register;
- tax and VAT registration;
- accounting services;
- virtual office services.
For full information on our company formation services in Montreal, please contact our local representatives. We can also help you start a business in Quebec and other Canadian cities.