Professional Corporations – A Great Tax Shelter for Doctors, Lawyers, and Other Professionals
A professional corporation is a corporation that provides professional services and that is regulated by a governing professional body such as the Law Society of Ontario, the Royal College of Dental Surgeons of Ontario, or the College of Physicians and Surgeons of Ontario. Only specific professions can use a Professional Corporation. These professions include: Accountants
Federal Incorporation or Provincial Incorporation – Which is better? – 2023
Clients are often surprised when I ask them whether they would like to incorporate federally under the Canada Business Corporations Act (R.S.C., 1985, c. C-44) (the “CBCA”) or provincially under Ontario’s Business Corporations Act, R.S.O. 1990, c. B.16 (the “OBCA”). They are either surprised that the provincial option even exists, or they are surprised that
Incorporate your Dentistry Professional Corporation in Ontario
Pawlina Law can help you incorporate your Dentistry Professional Corporation. Our professional fee to incorporate a Dentistry Professional Corporation is $780.00 + HST and Disbursements.
Incorporate your Psychotherapy Professional Corporation in Ontario
Pawlina Law can help you incorporate your Psychotherapy Professional Corporation. Our professional fee to incorporate a Psychotherapy Professional Corporation is $780.00 + HST and Disbursements.
Using Names in Commerce: How to Use Corporate Names, Business Names, Domains, Trade Names, and Trademarks
In commerce there are a number of different types of names, these include: Legal Names, Corporate Names, Registered Business Names, Domains, Trade Names, and Trademarks. The proper use and registration of these names is important to ensure a business is properly protected.
Draft Annual Directors Resolutions and Shareholders Resolutions for Ontario (OBCA) Corporations
Now that we know why we must maintain annual resolutions for a company, we must also know how to maintain annual resolutions for a company. All Business Corporations Act (Ontario) (“OBCA”) corporations and Canada Business Corporations Act (“CBCA”) corporations, no matter how small and inactive they are, must hold at least: one annual meeting of Shareholders, and
Rectifying Resolutions – How to fix a Corporate Minute Book in Ontario and Canada
Thanks to the long hard hours of work you put in, your company has grown. Thanks to this growth, another company is hoping to acquire your company, or a venture capitalist is hoping to invest in your company to help it grow and scale. A corporate minute book review will be one of the first
Ontario Minute Books – How to Create and Maintain an Ontario Corporate Minute Book
Minute Books for Ontario and Canada Corporations are important. Luckily, they can be easy to complete.
Shareholder Rights for Ontario and Canada Corporations
Since shareholders have invested their money in a corporation, they have some protections in place. In addition to any rights provided by an applicable shareholder agreement, the Business Corporations Act (Ontario) (“OBCA”) and the Canada Business Corporations Act (“CBCA”) provide shareholders with some rights. These rights are intended to give shareholders protections and to foster transparency in the
It’s No Longer About the Money – Continuing a for-Profit Corporation into a Not-for-Profit Corporation
At times, the aims of a corporation can change. For example, a corporation may wish to become a not-for-profit corporation to better align itself with its actual working. Rather than dissolving its current form and starting a new corporation, the corporation can be continued as a not-for-profit corporation. This articles will discuss how a for-profit