The Ministère des Finances develops and implements various tax measures to support businesses in carrying out or expanding their activities.
Whether you are seeking to start up, expand or diversify business activities, read the information in this section to find out whether one of our programs can be of assistance.
The 2020-9 information bulletinof the Ministère des Finances introduces temporary discretionary powers to administer incentive tax measures to take into account arrangements such as recourse to telework that corporations have adopted to offset the impact of the COVID-19 pandemic.
These measures are intended to encourage the establishment and development of new projects by businesses specializing in international financial activities in the urban agglomeration of MontréalThe urban agglomeration of Montréal is made up of the territories of Ville de Montréal, Ville de Baie-D’Urfé, Ville de Beaconsfield, Ville de Côte-Saint-Luc, Ville de Dollard-Des Ormeaux, Ville de Dorval, Ville de Hampstead, Ville de Kirkland, Ville de L’Île-Dorval, Ville de Montréal-Est, Ville de Montréal-Ouest, Ville de Mont-Royal, Ville de Pointe-Claire, Ville de Sainte-Anne-de-Bellevue, Village de Senneville and Ville de Westmount..
In accordance with the Act respecting international financial centres (CQLR, chapter C-8.3) , these measures are intended for corporations that have obtained the status of international financial centre (IFC) and that carry out one or more activities among the following categories:
Learn more about international financial centres
These tax measures are intended to support entrepreneurship in the financial sector. More specifically, they aim to create new financial services corporations in Québec.
They allow a new corporation holding a qualification certificate to benefit from tax credits for a period of five consecutive years.
Learn more about new financial services corporations
Corporations or partnerships having carried out a large investment project in Québec after November 20, 2012 may be eligible for a tax holiday with respect to their revenue from eligible activities relating to the project, and to a holiday with respect to the employer’s contribution to the Health Services Fund, if they file an application for an initial certificate before December 31, 2020.
Learn more about the tax holiday for large investment projects