Ontario Professional Corporation

GET STARTED

0$

Thank you, we will contact you soon !

Mandatory Filing

You need to select an item to continue

Ontario Professional Corporation

Start, Register, Manage & Grow Your Professional Corporation in Ontario








You need to select an item to continue

Corporate Name

Incorporating ONTARIO professional corporation is now much more easy with Business ontario Corporate services. Our website form guides you a simple step-by-Step Process for Creating and Registering a Professional Corporation. No matter whether you are a doctor, CPA or other professional, now you can set up your corporation accuratly with no prior professional knowlegdge on corporation formation. You have option to upload your own prepared article or our legal team may prepare the article as per guidelines of your regulatory body.



According to law All professional corporation's name must end with the legal suffix "professional corporation". You can include it in the proposed name. If you do not include it, we will include this phrase after the name of corporation.
You need to select an item to continue

Corporation's Registered Address




A Ontario physical address is required to Register Corporation in any Ontario, where the government will send documents. If you do not have a physical address in Canada, you can use our Registered Address Service that includes mail receiving and forwarding.

You need to select an item to continue

Director


Director will be responsible for managing the company's operations







You need to select an item to continue

Second Director







You need to select an item to continue

Third Director







You need to select an item to continue

Fourth Director







You need to select an item to continue

Fifth Director




Note: Our website allows only 5 directors, if you want to add more than 5 directors, you may call or email us to place a customized order. But for now, you can place an order with these five directors.




You need to select an item to continue

Incorporator







Who is incorporator?

An incorporator is the responsible person for organizing and incorporating a corporate entity. It is typically the head of the organization. An incorporator may be a director or not. Once the filing is complete the incorporator's function is usually finished. After that the management of the corporation is performed by the directors.

If you are doing corporation on behalf of a client, you may mention here their the name. This is for government's records. We only contact the billing person that mention in our website form. We don't contact your clients. You can write your details in the billing.

You need to select an item to continue

Second Incorporator












You need to select an item to continue

Third Incorporator Details












You need to select an item to continue

Bylaws and Minute Book


What is Minute book and what are include in it? 

Minute book is detail records & documents of an incorporated company’s structure and activities. According to corporation act Minute book is MANDATORY. It must be updated every year as part of the incorporation’s Annual Return to maintain its legal structure and include By-laws, Articles of Incorporation Any amendment, Resolutions and minutes, Shareholder and share transfer registers, Directors & Officers Registers, Notices that have been filed. If a business does not have them or keep them up to date, fined by the CRA as part of an audit. Banks might decline to give loans and any potential future sale of their business or assets could be in jeopardy or face extensive and costly legitimate deferrals. This Minute book prepared by our legal and accounting team
You need to select an item to continue

Initial Share Price

You need to select an item to continue

Shareholders




You need to select an item to continue

Corporation's Officer












You need to select an item to continue

Corporation's Officer(s)












You need to select an item to continue

Corporation's Officer(s)












You need to select an item to continue

Corporation's Officer(s)












You need to select an item to continue

Corporation's Officer(s)











You need to select an item to continue

Additional Support Services

You need to select an item to continue

Corporate Supplies





















You need to select an item to continue

First Shareholder









You need to select an item to continue

2nd Shareholder









You need to select an item to continue

CRA, WSIB And Other Accounts








You need to select an item to continue

3rd Shareholder









You need to select an item to continue

4th Shareholder









You need to select an item to continue

5th Shareholder








You need to select an item to continue

Summary

Summary

Description Information Quantity Price
Discount :
Total :
You need to select an item to continue

Give Your Billing Information

The final estimated price is :








Summary

Description Information Quantity Price
Discount :
Total :

Ontario Professional Corporation (PC) is a specific type of corporation that is incorporated by professionals in regulated fields, such as doctors, dentists, lawyers, accountants, and other licensed professionals in Ontario.

The purpose of creating a professional corporation is to provide these professionals with certain legal and financial advantages.

Limited Liability: Like any other corporation, an Ontario Professional Corporation provides limited liability protection to its shareholders (professionals). This means that the shareholders’ personal assets are generally protected from the corporation’s liabilities, such as lawsuits or debts.
Tax Planning: Ontario Professional Corporations offer potential tax advantages compared to operating as a sole proprietor or partnership. They can potentially benefit from income splitting, where income can be distributed among family members who are shareholders in the corporation, potentially resulting in tax savings.
Income Deferral: Ontario Professional corporations allow professionals to defer a portion of their income within the corporation, thereby potentially deferring the tax obligation until the funds are withdrawn.
Professional Regulation: Professional corporations are subject to specific regulations and oversight by professional regulatory bodies. These bodies have requirements and restrictions regarding the ownership and control of professional corporations.
It’s important to note that establishing and operating an Ontario Professional Corporation involves complying with specific legal and regulatory requirements. Professionals interested in setting up a professional corporation should consult with legal and tax professionals who specialize in corporate and professional regulatory matters to ensure compliance with all relevant rules and regulations.

Ontario Professional Corporation