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Partnerships – Fees

General partnership

A general partnership is a group of persons, called "partners," who, in a spirit of cooperation, agree to carry on a common activity. The partners in a general partnership operate an enterprise, contribute to it by sharing property, knowledge or activities and share any resulting pecuniary profits or losses.

Such a partnership is created through a partnership agreement and must be designated by a single name for all the partners, who are solidarily liable for the enterprise’s obligations and certain of its debts, independently of their respective shares in the partnership.

A general partnership may consist, for example, of professional offices (lawyers, notaries, dentists, etc.).

A general partnership has a head office (principal establishment) and its own name. It can sue or be sued in a civil action.

Limited partnership

A limited partnership is a partnership consisting of one or more general partners and one or more limited partners. It is created through a partnership agreement and must be designated by a single name for all the partners.

General partners contribute, above all, their work, experience and expertise. They are the sole persons authorized to administer and represent the partnership. They are solidarily liable for the partnership’s debts.

Limited partners must contribute to the common stock of the partnership. They supply money or property to the partnership and they are liable with regard to the partnership’s debts up to the amount of their contribution.

A limited partnership has a head office (principal establishment) and its own name. It can sue or be sued in a civil action.

Joint venture

A joint venture is not a legal person and does not have a juridical personality. Its partners act in their own name on behalf of all partners. The contract by which a joint venture is established may be written or verbal or may arise from facts indicating the intention to form a joint venture.

All unregistered Québec general and limited partnerships are considered joint ventures.

Starting up
Document Regular Priority
Declaration of registration or application for reregistration $55.00 $82.50
Application for revocation of cancellation $116.00 $174.00
Updating information (filing period: January 1 to June 15)
Document Regular Priority
Annual updating declaration $55.00 $82.50
Current updating declaration Free $27.50
Corrective updating declaration Free $27.50
Closing – General or limited partnership
Document Regular Priority
Request to dissolve and liquidate Free $27.50
Closing – Joint venture
Document Regular Priority
Declaration of cancellation Free $27.50
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