{"id":13262,"date":"2018-07-19T20:15:48","date_gmt":"2018-07-19T20:15:48","guid":{"rendered":"http:\/\/chalatilegal.ca\/?page_id=13262"},"modified":"2022-10-12T19:46:55","modified_gmt":"2022-10-12T19:46:55","slug":"dissolve-business-corporation","status":"publish","type":"page","link":"https:\/\/chalatilegal.ca\/en\/dissolve-business-corporation\/","title":{"rendered":"Dissolve a Business Corporation"},"content":{"rendered":"<p>[vc_row full_width=&#8221;stretch_row_content_no_spaces&#8221;][vc_column][layerslider_vc id=&#8221;17&#8243;][\/vc_column][\/vc_row][vc_row][vc_column][vc_empty_space height=&#8221;50px&#8221;][vc_column_text]<\/p>\n<h1 style=\"text-align: center;\">Our full dissolution service for businesses<span style=\"color: #45f0df;\">.<\/span><\/h1>\n<p>[\/vc_column_text][vc_separator color=&#8221;custom&#8221; border_width=&#8221;4&#8243; el_width=&#8221;10&#8243; accent_color=&#8221;#45f0df&#8221;][vc_empty_space height=&#8221;50px&#8221;][\/vc_column][\/vc_row][vc_row full_width=&#8221;stretch_row_content&#8221;][vc_column width=&#8221;2\/6&#8243; css=&#8221;.vc_custom_1531944000491{background-color: #5f4f87 !important;}&#8221;][vc_column_text css=&#8221;.vc_custom_1532033518572{padding-top: 70px !important;padding-right: 50px !important;}&#8221;]<\/p>\n<h1><span style=\"color: #ffffff;\"><span style=\"color: #45f0df;\">How<\/span>\u00a0it works<\/span><span style=\"color: #45f0df;\">.\u00a0<\/span><\/h1>\n<p><span style=\"color: #ffffff;\">Your dissolution checklist.<\/span>[\/vc_column_text][vc_separator color=&#8221;custom&#8221; align=&#8221;align_left&#8221; border_width=&#8221;4&#8243; el_width=&#8221;30&#8243; accent_color=&#8221;#45f0df&#8221; css=&#8221;.vc_custom_1532033512677{padding-bottom: 70px !important;}&#8221;][\/vc_column][vc_column width=&#8221;1\/6&#8243;][vc_column_text css_animation=&#8221;slideInRight&#8221; css=&#8221;.vc_custom_1532033606529{padding-top: 10px !important;padding-left: 20px !important;}&#8221;]<\/p>\n<h1 style=\"text-align: left;\"><span style=\"color: #45f0df;\">1 <span style=\"color: #333333;\">Checklist<\/span>.<\/span><\/h1>\n<p>[\/vc_column_text][vc_column_text css_animation=&#8221;slideInRight&#8221; css=&#8221;.vc_custom_1532033871791{margin-right: 20px !important;padding-left: 20px !important;}&#8221;]<\/p>\n<p class=\"char Zyyy U2714\" data-text=\"&#x2714;\"><span style=\"color: #45f0df;\">\u2713\u00a0<\/span><span style=\"color: #5f4f87;\"><span style=\"color: #45f0df;\"><span style=\"color: #000000;\">All liabilities have been paid<\/span><\/span><\/span><\/p>\n<p id=\"h1-display-char\" class=\"char Zyyy U2714\" data-text=\"&#x2714;\"><span style=\"color: #45f0df;\">\u2713\u00a0<\/span><span style=\"color: #5f4f87;\"><span style=\"color: #45f0df;\"><span style=\"color: #000000;\">All tax forms have been filed<\/span><\/span><\/span><\/p>\n<p><span style=\"color: #5f4f87;\"><span style=\"color: #45f0df;\"><span style=\"color: #000000;\"><span style=\"color: #45f0df;\">\u2713\u00a0<\/span>All remaining property and assets have been distributed<\/span><\/span><\/span><\/p>\n<p><span style=\"color: #5f4f87;\"><span style=\"color: #45f0df;\"><span style=\"color: #000000;\"><span style=\"color: #45f0df;\">\u2713\u00a0<\/span>Corporation is in good standing (no bankruptcy)<\/span><\/span><\/span><\/p>\n<p id=\"h1-display-char\" class=\"char Zyyy U2714\" data-text=\"&#x2714;\"><span style=\"color: #000000;\"><span style=\"color: #45f0df;\">\u2713<\/span>\u00a0 You have the authority to consent to the dissolution<\/span><\/p>\n<p>[\/vc_column_text][\/vc_column][vc_column width=&#8221;1\/6&#8243;][vc_column_text css_animation=&#8221;slideInRight&#8221; css=&#8221;.vc_custom_1532033627588{padding-top: 10px !important;}&#8221;]<\/p>\n<h1 style=\"text-align: left;\"><span style=\"color: #45f0df;\">2\u00a0<\/span>Contact Us<span style=\"color: #45f0df;\">.<\/span><\/h1>\n<p>[\/vc_column_text][vc_column_text css_animation=&#8221;slideInRight&#8221;]<\/p>\n<p style=\"text-align: justify;\">If you have filled all the conditions in Step 1 for dissolving your business, contact us and tell us more about your business. We&#8217;ll be able to provide you with an exact estimate based on where your business is incorporated.<\/p>\n<p>[\/vc_column_text][vc_btn title=&#8221;Contact Us&#8221; shape=&#8221;square&#8221; color=&#8221;turquoise&#8221; align=&#8221;center&#8221; css_animation=&#8221;slideInRight&#8221; link=&#8221;url:http%3A%2F%2Fchalatilegal.ca%2Fen%2Fcontact-us%2F|||&#8221;][\/vc_column][vc_column width=&#8221;1\/6&#8243;][vc_column_text css_animation=&#8221;slideInRight&#8221; css=&#8221;.vc_custom_1532033656596{padding-top: 10px !important;}&#8221;]<\/p>\n<h1 style=\"text-align: left;\"><span style=\"color: #45f0df;\">3\u00a0<\/span>Sign and Pay<span style=\"color: #45f0df;\">.<\/span><\/h1>\n<p>[\/vc_column_text][vc_column_text css_animation=&#8221;slideInRight&#8221;]<\/p>\n<p style=\"text-align: justify;\">In order to process the dissolution request, we will need you to sign certain documents that we will then file at the registry.<\/p>\n<p>[\/vc_column_text][\/vc_column][vc_column width=&#8221;1\/6&#8243;][vc_column_text css_animation=&#8221;slideInRight&#8221; css=&#8221;.vc_custom_1532033805773{margin-right: 30px !important;padding-top: 10px !important;}&#8221;]<\/p>\n<h1><span style=\"color: #45f0df;\">4<\/span>\u00a0Certificate<span style=\"color: #45f0df;\">.<\/span><\/h1>\n<p>[\/vc_column_text][vc_column_text css_animation=&#8221;slideInRight&#8221; css=&#8221;.vc_custom_1532033813844{margin-right: 30px !important;}&#8221;]<\/p>\n<p style=\"text-align: justify;\">Once the filing is complete, you will receive a Certificate of Dissolution with an effective date from the registry.<\/p>\n<p>[\/vc_column_text][\/vc_column][\/vc_row][vc_row][vc_column][vc_empty_space][vc_column_text]<\/p>\n<h1 style=\"text-align: center;\">Shop our Packages<span style=\"color: #45f0df;\">.<\/span><\/h1>\n<p>[\/vc_column_text][vc_separator color=&#8221;custom&#8221; border_width=&#8221;4&#8243; el_width=&#8221;10&#8243; accent_color=&#8221;#45f0df&#8221;][\/vc_column][\/vc_row][vc_row el_class=&#8221;five-columns&#8221;][vc_column width=&#8221;1\/4&#8243;][\/vc_column][vc_column width=&#8221;1\/4&#8243;][lab_pricing_table plan_price=&#8221;$ 500.00&#8243; plan_description=&#8221;starting at &#8221; title=&#8221;Quebec Business Corporation Dissolution&#8221; plan_features=&#8221;\u2713 Complete Business Corporation Dissolution<br \/>\n\u2713 Resolution of the Shareholders Approving the Dissolution<br \/>\n\u2713 Certificate of Dissolution<br \/>\n\u2713 Government Filing Fees&#8221; header_background_color=&#8221;#45f0df&#8221; header_text_color=&#8221;#ffffff&#8221; title_background_color=&#8221;#25ced1&#8243; title_text_color=&#8221;#ffffff&#8221; purchase_background_color=&#8221;#45f0df&#8221; purchase_text_color=&#8221;#ffffff&#8221;][\/vc_column][vc_column width=&#8221;1\/4&#8243;][lab_pricing_table plan_price=&#8221;$ 600.00&#8243; plan_description=&#8221;starting at &#8221; title=&#8221;Federal Business Corporation Dissolution&#8221; plan_features=&#8221;\u2713 Complete Federal Business Corporation Dissolution<br \/>\n\u2713 Complete Quebec Business Corporation Dissolution<br \/>\n\u2713 Resolution of the Shareholders Approving the Dissolution<br \/>\n\u2713 Certificate of Dissolution<br \/>\n\u2713 Government Filing Fees&#8221; header_background_color=&#8221;#45f0df&#8221; header_text_color=&#8221;#ffffff&#8221; title_background_color=&#8221;#25ced1&#8243; title_text_color=&#8221;#ffffff&#8221; purchase_background_color=&#8221;#45f0df&#8221; purchase_text_color=&#8221;#ffffff&#8221;][\/vc_column][vc_column width=&#8221;1\/4&#8243;][\/vc_column][\/vc_row][vc_row][vc_column][vc_empty_space height=&#8221;60px&#8221;][vc_column_text]<\/p>\n<h1 style=\"text-align: center;\">Who we help<span style=\"color: #45f0df;\">.<\/span><\/h1>\n<p style=\"text-align: center;\">A handful of some of the industries we&#8217;ve worked with<\/p>\n<p>[\/vc_column_text][vc_separator color=&#8221;custom&#8221; border_width=&#8221;4&#8243; el_width=&#8221;10&#8243; accent_color=&#8221;#45f0df&#8221;][\/vc_column][\/vc_row][vc_row][vc_column][vc_row_inner][vc_column_inner width=&#8221;1\/3&#8243;][vc_icon type=&#8221;linecons&#8221; icon_linecons=&#8221;vc_li vc_li-shop&#8221; color=&#8221;custom&#8221; background_style=&#8221;boxed&#8221; background_color=&#8221;custom&#8221; size=&#8221;lg&#8221; align=&#8221;center&#8221; custom_color=&#8221;#ffffff&#8221; custom_background_color=&#8221;#5f4f87&#8243;][vc_column_text]<\/p>\n<p style=\"text-align: center;\">Retail<\/p>\n<p>[\/vc_column_text][\/vc_column_inner][vc_column_inner width=&#8221;1\/3&#8243;][vc_icon type=&#8221;linecons&#8221; icon_linecons=&#8221;vc_li vc_li-t-shirt&#8221; color=&#8221;custom&#8221; background_style=&#8221;boxed&#8221; background_color=&#8221;custom&#8221; size=&#8221;lg&#8221; align=&#8221;center&#8221; custom_color=&#8221;#ffffff&#8221; custom_background_color=&#8221;#5f4f87&#8243;][vc_column_text]<\/p>\n<p style=\"text-align: center;\">Fashion &amp; Design<\/p>\n<p>[\/vc_column_text][\/vc_column_inner][vc_column_inner width=&#8221;1\/3&#8243;][vc_icon type=&#8221;material&#8221; color=&#8221;custom&#8221; background_style=&#8221;boxed&#8221; background_color=&#8221;custom&#8221; size=&#8221;lg&#8221; align=&#8221;center&#8221; custom_color=&#8221;#ffffff&#8221; custom_background_color=&#8221;#5f4f87&#8243;][vc_column_text]<\/p>\n<p style=\"text-align: center;\">Food &amp; Beverage<\/p>\n<p>[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_row_inner][vc_column_inner width=&#8221;1\/3&#8243;][vc_icon type=&#8221;material&#8221; icon_material=&#8221;vc-material vc-material-phonelink&#8221; color=&#8221;custom&#8221; background_style=&#8221;boxed&#8221; background_color=&#8221;custom&#8221; size=&#8221;lg&#8221; align=&#8221;center&#8221; custom_color=&#8221;#ffffff&#8221; custom_background_color=&#8221;#5f4f87&#8243;][vc_column_text]<\/p>\n<p style=\"text-align: center;\">E-commerce<\/p>\n<p>[\/vc_column_text][\/vc_column_inner][vc_column_inner width=&#8221;1\/3&#8243;][vc_icon type=&#8221;material&#8221; icon_material=&#8221;vc-material vc-material-money_off&#8221; color=&#8221;custom&#8221; background_style=&#8221;boxed&#8221; background_color=&#8221;custom&#8221; size=&#8221;lg&#8221; align=&#8221;center&#8221; custom_color=&#8221;#ffffff&#8221; custom_background_color=&#8221;#5f4f87&#8243;][vc_column_text]<\/p>\n<p style=\"text-align: center;\">Not-for-Profit &amp; Charities<\/p>\n<p>[\/vc_column_text][\/vc_column_inner][vc_column_inner width=&#8221;1\/3&#8243;][vc_icon type=&#8221;material&#8221; icon_material=&#8221;vc-material vc-material-account_balance&#8221; color=&#8221;custom&#8221; background_style=&#8221;boxed&#8221; background_color=&#8221;custom&#8221; size=&#8221;lg&#8221; align=&#8221;center&#8221; custom_color=&#8221;#ffffff&#8221; custom_background_color=&#8221;#5f4f87&#8243;][vc_column_text]<\/p>\n<p style=\"text-align: center;\">Real Estate<\/p>\n<p>[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_empty_space][\/vc_column][\/vc_row][vc_row][vc_column][vc_column_text css=&#8221;.vc_custom_1523302936027{padding-top: 50px !important;}&#8221;]<\/p>\n<h1 style=\"text-align: center;\">Frequently Asked Questions<span style=\"color: #45f0df;\">.<\/span><\/h1>\n<p style=\"text-align: center;\">Find As to your Qs<\/p>\n<p>[\/vc_column_text][vc_separator color=&#8221;custom&#8221; border_width=&#8221;4&#8243; el_width=&#8221;10&#8243; accent_color=&#8221;#45f0df&#8221; css=&#8221;.vc_custom_1523649049598{padding-bottom: 32px !important;}&#8221;][\/vc_column][\/vc_row][vc_row][vc_column][vc_tta_accordion active_section=&#8221;7&#8243; collapsible_all=&#8221;true&#8221;][vc_tta_section title=&#8221;When can you voluntarily dissolve your corporation?&#8221; tab_id=&#8221;1531943074926-5d03205a-14d0&#8243;][vc_column_text]A voluntarily dissolution of a corporation can happen:<\/p>\n<ol>\n<li>Before starting operations<\/li>\n<li>When there is no property<\/li>\n<li>When property and liabilities have been disposed of<\/li>\n<li>After proposing liquidation and dissolution of the corporation by the directors or shareholders<\/li>\n<\/ol>\n<p>[\/vc_column_text][\/vc_tta_section][vc_tta_section title=&#8221;What are the steps involved in dissolving a corporation?&#8221; tab_id=&#8221;1531943074979-a71ab80d-bf09&#8243;][vc_column_text]The steps to dissolve a Federal or Provincial incorporation are fairly similar. Notably, they include:<\/p>\n<ul>\n<li>Voluntary intent to liquidate and dissolve a corporation<\/li>\n<li>Declaration of dissolution of a corporation<\/li>\n<li>Filing of a resolution of the shareholders or the board of directors, with attestation<\/li>\n<li>Letter of Consent from the Ministry of Revenue (for Ontario Corporations)<\/li>\n<li>Notice of liquidation and closure of liquidation (for Quebec Partnerships)<\/li>\n<\/ul>\n<p>[\/vc_column_text][\/vc_tta_section][vc_tta_section title=&#8221;Who can approve the dissolution of a corporation?&#8221; tab_id=&#8221;1531943115134-d82714df-8768&#8243;][vc_column_text]If the corporation has distributed its property and has no liabilities, the shareholders can approve the dissolution by a special resolution.<\/p>\n<p>If the corporation does not have shareholders, the directors can approve the dissolution by resolution.[\/vc_column_text][\/vc_tta_section][vc_tta_section title=&#8221;How long does it take to dissolve a corporation in Quebec or Canada?&#8221; tab_id=&#8221;1538156222057-d78cb10f-47b1&#8243;][vc_column_text]Once we have all the required documents and information, dissolving a corporation in Quebec and Canada can take anywhere between 24h-48h to appear at the Corporate registry.<\/p>\n<p>[\/vc_column_text][\/vc_tta_section][vc_tta_section title=&#8221;Can I revive a dissolved corporation?&#8221; tab_id=&#8221;1531943133219-5f4cbe02-37e6&#8243;][vc_column_text]Once a Business Corporation is dissolved, it becomes inactive.<\/p>\n<p>However, it is possible to revive an inactive corporation once certain obligations are complete, namely:<\/p>\n<ul>\n<li>Filing of a revival application<\/li>\n<li>Filing of annual returns<\/li>\n<li>Updating obligations of the corporation<\/li>\n<li>Payment of revival and registration fees<\/li>\n<li>Request return of property from the crown<\/li>\n<\/ul>\n<p>We more information on business revival, visit our <a href=\"http:\/\/chalatilegal.ca\/en\/revival-business-corporation\/\">revive a business corporation<\/a> page.[\/vc_column_text][\/vc_tta_section][\/vc_tta_accordion][vc_empty_space][\/vc_column][\/vc_row][vc_row][vc_column][vc_column_text]<\/p>\n<h1 style=\"text-align: center;\">Ready to go<span style=\"color: #45f0df;\">?<\/span><\/h1>\n<p style=\"text-align: center;\">Request a consultation via the form below<\/p>\n<p>[\/vc_column_text][vc_separator color=&#8221;custom&#8221; border_width=&#8221;4&#8243; el_width=&#8221;10&#8243; accent_color=&#8221;#45f0df&#8221;][lab_contact_form name_title=&#8221;Name.&#8221; email_title=&#8221;Email.&#8221; message_title=&#8221;Message.&#8221; show_subject_field=&#8221;yes&#8221; subject_title=&#8221;Phone.&#8221; submit_success=&#8221;Thank you, message sent!&#8221; alert_errors=&#8221;&#8221;][\/vc_column][\/vc_row]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[vc_row full_width=&#8221;stretch_row_content_no_spaces&#8221;][vc_column][layerslider_vc id=&#8221;17&#8243;][\/vc_column][\/vc_row][vc_row][vc_column][vc_empty_space height=&#8221;50px&#8221;][vc_column_text] Our full dissolution service for businesses. [\/vc_column_text][vc_separator color=&#8221;custom&#8221; border_width=&#8221;4&#8243; el_width=&#8221;10&#8243; accent_color=&#8221;#45f0df&#8221;][vc_empty_space height=&#8221;50px&#8221;][\/vc_column][\/vc_row][vc_row full_width=&#8221;stretch_row_content&#8221;][vc_column width=&#8221;2\/6&#8243; css=&#8221;.vc_custom_1531944000491{background-color: #5f4f87 !important;}&#8221;][vc_column_text css=&#8221;.vc_custom_1532033518572{padding-top: 70px !important;padding-right: 50px !important;}&#8221;] How\u00a0it works.\u00a0 Your dissolution checklist.[\/vc_column_text][vc_separator color=&#8221;custom&#8221; align=&#8221;align_left&#8221; border_width=&#8221;4&#8243; el_width=&#8221;30&#8243; accent_color=&#8221;#45f0df&#8221; css=&#8221;.vc_custom_1532033512677{padding-bottom: 70px !important;}&#8221;][\/vc_column][vc_column width=&#8221;1\/6&#8243;][vc_column_text css_animation=&#8221;slideInRight&#8221; css=&#8221;.vc_custom_1532033606529{padding-top: 10px !important;padding-left: 20px !important;}&#8221;] 1 Checklist. [\/vc_column_text][vc_column_text css_animation=&#8221;slideInRight&#8221; css=&#8221;.vc_custom_1532033871791{margin-right: 20px !important;padding-left: 20px !important;}&#8221;]&hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"class_list":["post-13262","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/chalatilegal.ca\/en\/wp-json\/wp\/v2\/pages\/13262","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/chalatilegal.ca\/en\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/chalatilegal.ca\/en\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/chalatilegal.ca\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/chalatilegal.ca\/en\/wp-json\/wp\/v2\/comments?post=13262"}],"version-history":[{"count":144,"href":"https:\/\/chalatilegal.ca\/en\/wp-json\/wp\/v2\/pages\/13262\/revisions"}],"predecessor-version":[{"id":14600,"href":"https:\/\/chalatilegal.ca\/en\/wp-json\/wp\/v2\/pages\/13262\/revisions\/14600"}],"wp:attachment":[{"href":"https:\/\/chalatilegal.ca\/en\/wp-json\/wp\/v2\/media?parent=13262"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}