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October 3, 2019
Consultation on Measures to Strengthen Corporate Transparency

As announced in the 2019-2020 budget, the Québec government has undertaken an online consultation on measures to strengthen corporate transparency. The new measures will be added to those already in place to maintain the integrity of the Québec tax system. 

Organizations, enterprises and individuals have until December 15, 2019, to give their thoughts on the following three measures for strengthening corporate transparency:

  • a requirement for all enterprises to obtain information on the beneficial owners and disclose it to the Registraire des entreprises du Québec;
  • a possibility to use the name and address of a natural person to search for an enterprise in the register;
  • a requirement for all land owners to disclose information on beneficial owners. 

The proposed measures deal mainly with changes to the enterprise register, which is one of the government’s most efficient tools for meeting its goals for corporate transparency.

For more information see Corporate Transparency.

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