Professional Incorporation
WHO CAN INCORPORATE A PROFESSIONAL CORPORATION?
Certain regulated professions permit their members to operate through a professional corporation. These professions include lawyers, accountants, doctors, dentists and a number of other regulated health professionals.
WHY SHOULD YOU INCORPORATE YOUR PROFESSIONAL PRACTICE?
Professionals can’t shield their professional liability to clients or patients by incorporating. They incorporate to take advantage of corporate tax benefits, including the small business deduction which effectively lowers corporate income tax rates on active business income.
HOW IT WORKS
PROFESSIONAL INCORPORATION
The first step is to incorporate and organize a professional corporation in compliance with the requirements of the Ontario Business Corporations Act and your College or other governing body. In terms of organization, your professional corporation needs to follow certain naming conventions and you, along with other members of your profession, are typically required to be the sole directors, officers and shareholders. One exception is for physicians and dentists where the law allows certain family members to be non-voting shareholders of their professional corporations.
When incorporated, the documentation you receive includes the articles and certificate of incorporation, initial information return, by-laws, director and shareholder resolutions and consents, share subscriptions, share certificates, registers, ledgers and NUANS name search report. The documents will be sent to you in electronic format via a PDF binder (e-minute book) typically within 1 business day. You may also choose to receive a physical minute book binder.
PROFESSIONAL INCORPORATION
The first step is to incorporate and organize a professional corporation in compliance with the requirements of the Ontario Business Corporations Act and your College or other governing body. In terms of organization, your professional corporation needs to follow certain naming conventions and you, as the member of the profession, are typically required to be the sole director, officer and shareholder of the professional corporation. However, for physicians and dentists, the law allows certain family members to be non-voting shareholders.
When incorporated, the documentation you receive includes the articles and certificate of incorporation, initial information return, by-laws, director and shareholder resolutions and consents, share subscriptions, share certificates, registers, ledgers and NUANS name search report. The documents will be sent to you in electronic format via a PDF binder (e-minute book) typically within 1 business day. You may also choose to receive a physical minute book binder.
APPLICATION FOR CERTIFICATE OF AUTHORIZATION
The second step is to prepare and file the application materials with your College or other governing body to obtain a certificate of authorization to practice your profession in Ontario through your new professional corporation. The materials you submit as part of your application typically consist of an application form, a copy of the certificate of incorporation, a declaration signed by a company director, a corporate profile report obtained from the Ministry of Government and Consumer Services and payment of an application fee directly to your College or other governing body (which is an additional cost to you). These fees are usually non-refundable and average out at around $400 depending on your specific profession.
We will prepare all the application materials and once signed by you, they will be delivered immediately to your College or other governing body for processing. Processing of completed applications may take several weeks. However, some Colleges make the certificate of authorization effective on the date they receive your application.
- Note – for physicians, CPSO is now accepting applications only through your member portal. We can discuss on our call.
APPLICATION FOR CERTIFICATE OF AUTHORIZATION
The second step is to prepare and file the application materials with your College or other governing body to obtain a certificate of authorization to practice your profession in Ontario through your new professional corporation. The materials you submit as part of your application typically consist of an application form, a copy of the certificate of incorporation, a declaration signed by a company director, a corporate profile report obtained from the Ministry of Government and Consumer Services and payment of an application fee directly to your College or other governing body (which is an additional cost to you). These fees are usually non-refundable and average out at around $400 depending on your specific profession.
We will prepare all the application materials and once signed by you, they will be delivered immediately to your College or other governing body for processing. Processing of completed applications may take several weeks. However, some Colleges make the certificate of authorization effective on the date they receive your application.
PRICING
PROFESSIONAL INCORPORATION
APPLICATION FOR CERTIFICATE OF AUTHORIZATION
$899
Includes All Filing Fees and Disbursements
$350
Includes Preparation and Filing
PROFESSIONAL INCORPORATION
$899
APPLICATION FOR CERTIFICATE OF AUTHORIZATION
$350
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Fast, precise service and great communicators. Will definitely use again. Also the only lawyers that ever offered followup help! Genuinely nice people.
Lior Ohayon
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I was being helped by Matthew and I am extremely satisfied with his work. He is very responsive, helpful, and supportive. I needed an incorporation service and I could not recommend this firm more. I will definitely bring my business back to them in the future.
Dom Mazzuca
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It was really a pleasure dealing with Matthew and Jana. They were very professional, courteous and knowledgeable. Jana was extremely helpful in making sure that I understood various requirements and followed up a couple of times. I would strongly recommend Ordower Law.
Alick Fernandes
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Jana was amazing! She was informative, professional and made the process of incorporating simple. She sent me links from the College of Nurses to help me make an informed decision. I was very impressed with their services. I would highly recommend!
Darlene Esteves
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After searching "provincial incorporation Toronto", Ordower Law was one of the many search results that came up. After contacting almost 10 different places regarding the incorporation process, Matt and his team were clearly the most professional and knowledgeable in the work. They are the real deal and I highly recommend their services.
Arun Sharma
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What a great experience! I needed to incorporate a company quickly and didn’t know where to turn. I found Ordower Law online and glad I made the call they were incredibly personable, proffesional and extremely knowledgeable and walked me through the whole process! I won’t hesitate to used them again or recommend them to my friends and colleagues.
Adam Rayner
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Amazing dealing with Jana. She was quick professional and made the process of incorporating so easy. I was pleased with the price and especially the speedy service. Highly recommend!!
Jay Pigeau
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I needed to incorporate on short notice and was recommended by a friend to contact Ordower. When I first reached out they got back to me right away and their service and expertise was excellent. They walk you thru what you need to know and they worked incredibly fast to get me up and running. In addition their follow up with other recommendations such as banking and insurance solutions were excellent.
don bruce
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Effective, efficient and very professional. Matthew and his team have done a great job at developing a system to help clients regardless of their situation. Worked with Jana and she was excellent, very nice and took the time to ensure everything was effectively communicated. Great stuff, highly recommend.
Santiago Almada
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I worked with Jana to incorporate my business. The process was quick and stress-free leaving me amazed. She kept me informed every step of the way, calling to provide updates and making sure I knew all my options before we proceeded. As a new business owner having the Ordower Law team guide me through this process was very much appreciated and I would highly recommend them to everyone!
Lettsie Phillips
ONLINE SERVICE
Our jobs are done over the phone and by email, which we believe is an easy and efficient way to process the files. Your final product is an electronic minute book that you will sign with Docusign.
PERSONALIZED SERVICE & ADVICE
You will start with an introduction call with a lawyer to discuss your requirements and answer any questions. You’ll work directly with an experienced lawyer from start to finish.
QUICK TURNAROUND TIME
Ontario professional corporations are processed electronically in real-time, so we can usually complete the incorporation and application for a certificate of authorization in a day or two.
