Find out what’s best for your business.
Incorporation means turning your business into a separate legal entity. In Canada including Quebec this gives you a new legal structure with tax benefits, liability protection, and professional credibility. But it also comes with more admin and legal obligations.
Your personal assets (like your home or car) are protected if your business is sued or takes on debt.
Corporations often pay less tax than individuals and you can pay yourself via dividends or salary, giving you more flexibility and control.
Being “Incorporated” or “Inc.” can boost your reputation with clients, partners, and investors. It also makes it easier to raise capital or secure loans.
Incorporation unlocks tax strategies like income splitting, deferral, and business expense deductions.
Incorporating federally or provincially (Quebec) comes with legal fees, annual filings, and accounting costs.
You’ll need to:
If you’re just starting out or not yet generating significant profits, incorporation might not offer enough benefits yet.
You should consider incorporating if:
Both are valid options in Quebec:
Incorporation can save you thousands or cost more than it’s worth depending on your income, business model, and goals.
Book a consultation with a TaxLogist advisor to get clear, personalized advice before making your decision.
Incorporation isn’t right for everyone, but for many growing businesses in Quebec, it’s a smart move that brings tax savings, protection, and long-term scalability.
