Psychotherapy Professional Corporations

In Ontario, psychotherapists are afforded the option of creating what are known as Professional Corporations – special corporate entities in which a psychotherapists registered with the College of Registered Psychotherapists of Ontario (CRPO) is the sole shareholder. Such a corporation presents potentially great tax and/or income savings.

At Blinick Law, we will help you smoothly navigate the process of incorporating your Professional Corporation and obtaining a Certificate of Authorization from the CRPO. The process is as follows:
Meet to discuss the desired corporate and share structure for the corporation (within the bounds of the CRPO and statutory guidelines for Professional Corporations). This includes selecting an appropriate corporate name and determining who are the desired and eligible shareholders.
Drafting and filing the Articles of Incorporation
Complete and file the Initial Report (Form 1)
Draft the corporate By-laws.
Draft the various organizing resolutions, including:
             Resolution of the Shareholders
             Resolution of the Directors
             Director’s Consent for each director
             Consent to Audit Exemption 
Draft the Application to the CRPO for the Certificate of Authorization and create the submission package which includes:
             A Corporate Profile Report for the Professional Corporation
             A Certificate of Incorporation
             A Statutory Declaration
             Application fee
             Completed application form

Contact us for a free consultation and to learn more about incorporating your Professional Corporation.