Annual updating declaration
Enterprises registered in the enterprise register must update their information every year by producing an annual updating declaration during the production period. This obligation takes effect the year after the year in which the enterprise first registers.
Sole proprietorships and legal persons may file their information return and their annual updating declaration together. If the information on file in the enterprise register is correct, the business may simply check the appropriate box on line 39 of the Déclaration de revenus des sociétés (form CO-17) or on line 436 of the personal income tax return (TP-1).
If the information in the enterprise register must be modified, you must use the online service Produire une déclaration de mise à jour annuelle.
Other types of enterprises must file an annual updating declaration with the enterprise registrar.
Specified periods by type of registrant
| Specified period
|
Type of registrant
|
| January 1 to June 15
|
Sole proprietorships
Partnerships
|
| May 15 to November 15
|
Associations or other groups
Legal persons
Mutual insurance corporations
Fraternal benefit societies
Trust corporations
Savings companies
|
A declaration filed after the specified period must be accompanied by the late filing fee even in the case of the first declaration that the enterprise files.
To determine the annual registration fees, please consult the fee schedule.
- Attention
-
An enterprise that fails to produce two consecutive annual updating declarations will be struck off ex officio by the enterprise registrar. If this occurs and you wish to remain in business, you must regularize your situation by filing an application for revocation of striking off and the missing annual declarations, along with the requisite payment.
The ex officio striking off of a business corporation, a company or a non-profit legal person incorporated in Québec results in its dissolution.