Incorporate Your CPA Practice
CPA Professional Corporations in Ontario
Done Right by Business Lawyers
$999 + HST
Filing Fee & Disbursements Included
- Work with an Incorporation Lawyer from Start to Finish
- Advice on Your Corporate Structure and CPA Requirements
- Complete Electronic Minute Book and Corporate Records
- A Straightforward Process by Phone and Email
We regularly work with accountants on incorporations and corporate legal matters. We would be pleased to help with your own practice, too. We offer a free consultation.
Professional Incorporation Package
Our package includes:
- Articles and Certificate of Incorporation
- Name Searches and Advice on Naming Requirements
- Corporate By-Laws and Organizational Resolutions
- Share Subscriptions and Share Certificates
- Registers, Ledgers and Electronic Minute Book
- Initial Return and CRA Business Number
- Electronic Signing through DocuSign
- Legal Advice throughout the Incorporation
The standard incorporation package is $999 plus HST, including the $300 Ontario government filing fee and standard disbursements.
CPA Ontario application and registration fees are separate. Asset and goodwill rollovers, if necessary, are additional work. We confirm the scope and total fee before starting.
We provide the corporate documents necessary for you to apply for your Certificate of Authorization with CPA Ontario.
Legal Implementation of Tax-Based Rollovers
Moving an existing practice into the corporation? We can prepare the legal documentation for a section 85 rollover or other agreed reorganization. Transfer values, elected amounts and tax filings are coordinated with you. This work is quoted separately.
Questions About CPA Professional Corporations
Do I need a Certificate of Authorization?
Firm registration and a Certificate of Authorization (COA) are separate. A professional corporation practising public accounting generally needs a COA. A corporation used as a partner in a firm may not need its own COA where the firm issues and signs the reports.
Who can own shares in a CPA professional corporation?
CPA Ontario permits shareholders who are its members, professional corporations registered as firms with CPA Ontario, or a combination. A spouse or other family member does not qualify simply because of the family relationship.
Can I use a professional corporation to join a partnership?
Yes, a CPA professional corporation can be a partner in an accounting firm. The partnership arrangements, regulatory requirements and any transfer of an existing partnership interest need to be considered together.
Does incorporation limit my professional liability?
Incorporation does not remove your personal responsibility for professional services. Professional liability insurance remains important, and the position needs particular attention where your corporation will be a partner in a firm.
How long does the process take?
Our typical turnaround is two business days. CPA Ontario has its own processing time for firm registration and any required COA. Allow for both when planning your transition or practice start date.
CPA Ontario's professional corporation registration guidance
Working together beyond your incorporation
When your clients need an incorporation, reorganization, shareholders' agreement or help buying or selling a business, we can assist with the legal work. You can refer a client directly or coordinate the matter with us through your practice.
Let's Talk About Your Practice
Ordower Law Professional Corporation
2 St. Clair Avenue West, 18th Floor
Toronto, ON
M4V 1L5
General information only. The requirements and legal work depend on your practice and proposed structure.