Understanding Practice Management Corporations in Ontario

Understanding Practice Management Corporations in Ontario

Practice management corporation supporting the operations of an Ontario paramedical clinic.

Practice management corporations are sometimes used in Ontario paramedical clinics to separate business operations from regulated professional services. This article explains how these structures differ from professional corporations, what services may raise regulatory risk, and why clinic owners should obtain legal, tax, and regulatory advice before proceeding.

What to Review in an Independent Contractor Agreement in Ontario

What to review in an independent contractor agreement

Reviewing an independent contractor agreement in Ontario requires careful attention to key clauses such as scope of services, payment terms, termination rights, and liability. This article outlines the most important provisions to consider, helping businesses and contractors understand their rights, manage risk, and avoid common legal issues before signing.

Changing Your Professional Corporation to a Regular Corporation: A Guide for Ontario Professionals

How to Change a Professional Corporation to a Regular Corporation in Ontario

A professional corporation in Ontario is a business structure for regulated professions, providing tax advantages and compliance with regulatory rules. When a professional stops practicing, they must transition their corporation into a regular entity, which involves removing practice restrictions, changing the name, and surrendering the certificate of authorization.

Legal Considerations of a RRSP

RRSP or Professional Corporation

We complete a substantial amount of professional corporations each year. One of the first questions I advise clients ask when they seek my guidance on establishing a professional corporation is whether they have consulted their accountant or tax advisor to determine if the timing is appropriate. Here are great articles from CIBC explaining the tax