4. Directors and shareholders
A Quebec share corporation must have at least one director, who may also act as president, shareholder, and officer if you are the sole participant. This step lets you declare each individual involved, their roles, and, where applicable, their share ownership.
Essential rules
- At least one director is required to form the corporation
- At least one president must be designated from among directors or officers
- Total shares allocated among shareholders must equal 100%
- You may add as many individuals as needed (the form is dynamic)
Information required per person
For each director or shareholder, the following applies:
Identity
First name
Legal first name.
Last name
Full legal last name.
Date of birth
Complete date of birth.
The six available roles
Each person may hold one or more roles at the same time. Roles are selected with checkboxes:
| Role | Description |
|---|---|
| Director | Board member; participates in strategic decisions. |
| President | Chief executive. At least one president is required. |
| Secretary | Keeps records, minutes, and corporate documents. |
| Treasurer | Oversees financial management and accounting. |
| Vice-president | Assists the president and substitutes when absent. |
| Incorporator | Person who initiated the corporation. Often symbolic. |
A solo entrepreneur typically holds president, director, secretary, treasurer, and incorporator — and is the sole 100% shareholder.
Share ownership
For each person, a shareholder toggle indicates whether they hold shares. If enabled, specify:
- Percentage of shares — that person’s portion of total issued shares
- Percentages must total exactly 100%
Residential address
Each director and shareholder must provide a personal residential address:
Street address
Residential street address.
Postal code
Postal code for that address.
Quebec’s Business Corporations Act requires each director’s residential address to be filed with the REQ for legal service and regulatory compliance.
Example configurations
| Scenario | Directors | Shareholders | Detail |
|---|---|---|---|
| Solo founder | 1 | 1 | One person holds all roles and 100% of shares |
| Two partners | 2 | 2 | Two founders, each director and 50% shareholder |
| Family | 2 | 3 | Two active directors + one passive shareholder (spouse, child) |
Ready to declare your directors?
Complete the online form to name officers and shareholders.