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.

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

$699

$300

PROFESSIONAL INCORPORATION

$699

APPLICATION FOR CERTIFICATE OF AUTHORIZATION

$300

CLOSE

Government Filing Fee The total cost for the incorporation and organization of your professional corporation includes all government and 3rd party fees.

Classes of Shares For most professions, the members of that profession must be the only shareholders. However, for doctors and dentists, you can have certain family members as non-voting shareholders as well.

Electronic Minute Book The documents are sent to you in electronic format via a PDF binder (e-minute book) typically within 1 business day.

Physical Minute Book Although not required by law, we can also send you a physical minute book binder by courier at an extra charge of $85 + HST

Fee to Your Governing Body Each college or governing body charges a fee to review and process the application paperwork. The fees vary depending on the governing body.

Taxes Prices are subject to applicable HST.


  • review rating 5  Highly recommended!! After my initial phone call with Matthew, I knew the process of incorporating my business would be a breeze. Very professional, quick, and I really felt they had my best interest. Thanks again Matthew and Jana!

    thumb Lindsay Montgomery
    10/12/2018
  • review rating 5  After viewing countless similar companies' websites and ads on google, I found "OrdowerLaw" through a google search. They are very responsive in their communication, courteous and pleasant, transparent in their dealings, effective and efficient in performing their job, and above all very affordable. They set up a Federal Corporation for me within one business day. I visited them once in their offices and explained them my requirements. they did everything and finished the job in one day. Roman and Mathew were really helpful!

    thumb Maroof Hussain Sabri
    10/11/2018
  • review rating 5  I recently moved to the GTA to start a business. I wanted to make sure all the legal aspects are covered before I launch my business and that’s where Matthew came in. He was extremely approachable, down to earth, attentive and professional. He offered me excellent legal advice, things that I wouldn’t expect to be held legally accountable. Great experience working with him. Thanks Matthew

    thumb Al W
    10/03/2018
  • review rating 5  The assistance I received in setting up my corporation through Ordower Law was impeccable. I was a bit intimidated to make the initial call but I'm glad I did. From the introductory call to the delivery of my articles of incorporation, Both Matthew and Jana delivered on what they promised which was a smooth, efficient and relatively quick setup of my corporation.

    thumb Wealth ND Inc.
    9/11/2018
  • review rating 5  Exceptional service for incorporation! Matthew and his team explained all details very clearly, answered on every point, provided additional valuable advice, and helped me to incorporate fast and at a very reasonable price. The whole process went very well, way above and beyond anything I was expecting or hoping for. Highly recommended, thank you!

    thumb Eldar G
    9/11/2018
  • review rating 5  This is my second time of dealing with Ordower Law Professional Corporation and I must say the process remains the same - impressive! Matthew was quick to respond to my questions, provide details of what is required and moved me on to resolution of my business set up needs. I must also highlight Jana's excellent support in helping clarify what was needed, letting me the potential bottlenecks and reassuring me that there were possible solutions available. Thanks guys!

    thumb Shola Jonathan Oludipe
    8/15/2018
  • review rating 5  Wow! This is THE place to go for incorporation! Fabulous service! It was all done within a couple of hours, and I consulted with two lawyers and asked questions during the process. They express openness to questions in the future. I had a negative experience a few days ago with another on-line service ... It was a relief to find Ordower which offered prompt clarity from the website to the consultation. Highly recommend!

    thumb Dorethy Luyks Ledgerwood
    8/11/2018
  • review rating 5  What a great experience! I made a query online, and got a response back in less than 20 minutes. The whole incorporation process literally took a few hours, and that included a personal discussion with Jana. I would describe the process as being easy and efficient. Of course, the price was right too. Highly recommended for entrepreneurs such as myself.

    thumb Anita Windisman
    7/12/2018
  • review rating 5  Matthew was absolutely fantastic in helping me incorporate. He was very prompt in email correspondence and really took the time to hear me out and explain legal concepts in a patient and simplified manner. The reviews for his firm are what attracted me to use his services in the first place, and I couldn't be happier. The added benefit is that he is still available to answer your questions even after you have incorporated. Rest assured I will be referring him to others and will definitely keep him in mind should I ever require additional services. To Matthew and his team, THANK YOU!

    thumb Ameet Ahluwalia
    7/08/2018
  • review rating 5  Matthew called me within an hour of my inquiry. He made me feel very comfortable with the whole process and briefly discussed my best options, how much it would cost and how long it would take. After conveniently e-transferring the fee, Jana called me within minutes to get a better understanding of how I wanted to structure my business. She was very friendly, relatable, knowledgeable and helpful. Overall, this experience took a daunting task and made it quick, easy and hassle free. Thanks guys!

    thumb Grandeur Zealous
    7/07/2018

ONLINE & IN PERSON SERVICE

Most of our jobs are done over the phone and by email, which we believe is an easy and efficient way to process the files. However, if you prefer to come to our office, we would be happy to meet in person.

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.