Veterinarian Professional Corporation

In Ontario, veterinarians are afforded the option of creating what are known as Professional Corporations – special corporate entities in which a veterinarian registered with the College of Veterinarians of Ontario (CVO) is the 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 CVO. The process is as follows:

• Meet to discuss the desired corporate and share structure for the corporation (within the bounds of the CVO and statutory guidelines for Professional Corporations). This includes selecting an appropriate corporate name and determining who are the desired and eligible non-voting shareholders.
• Submitting the Name Application for a Professional Corporation to the CVO
• 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
             Waiver of Financial Statements

• Draft the Application to the CVO for the Certificate of Authorization and create the submission package which includes:

             A Certificate of Status for the Professional Corporation
             A Statutory Declaration
             An initialed and certified copy of the Articles of Incorporation
             Undertaking
             Application fee
             Completed application form

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