College of Dental Surgeons of BC authorizes the formation of a professional medical corporation in B.C by issuing a certificate of authorization to provide services that are within the practice of this profession. Your corporation will be registered according to the regulation of College of Dental Surgeons of BC and Health Professions Act to form such a corporation.
College of Massage Therapists of British Columbia authorizes the formation of a professional medical corporation in B.C by issuing a certificate of authorization to provide services that are within the practice of this profession. Your corporation will be registered according to the regulation of the College of Massage Therapists of British Columbia and Health Professions Act to form such a corporation.
SampleCollege of Optometrists of British Columbia authorizes the formation of a professional medical corporation in B.C by issuing a certificate of authorization to provide services that are within the practice of this profession. Your corporation will be registered according to the regulation of College of Optometrists of British Columbia and Health Professions Act to form such a corporation.
SampleCPA British Columbia authorizes the formation of a professional accounting corporation in B.C by issuing a certificate of authorization to provide services that are within the practice of this profession. Your corporation will be registered according to the regulation of CPA B.C to form such a corporation.
SampleEngineers & Geoscientists BC authorizes the formation of a professional engineering corporation in B.C by issuing a certificate of authorization to provide services that are within the practice of this profession. Your corporation will be registered according to the regulation of Engineers & Geoscientists BC form such a corporation.
SampleCollege of Veterinarians of BC authorizes the formation of a professional veterinary corporation in B.C by issuing a certificate of authorization to provide services that are within the practice of this profession. Your corporation will be registered according to the regulation of the College of Veterinarians of BC and Veterinarians Act to form such a corporation.
SampleCollege of Chiropractors of BC authorizes the formation of a professional chiropractor corporation in B.C by issuing a certificate of authorization to provide services that are within the practice of this profession. Your corporation will be registered according to the Health Profession Corporation (HPC).
Architectural Institute of BC authorizes the formation of a professional architectural corporation in B.C by issuing a certificate of authorization to provide services that are within the practice of this profession.
SampleThe College of Physical Therapists of BC authorizes the formation of a Physiotherapy Professional Corporation in B.C by issuing a certificate of authorization to provide services that are within the practice of this profession
The following health professionals can form a professional corporation: Audiologists, podiatrists, dieticians, laboratory technologists, radiation technologists, midwives & nurses, occupational therapists, optometrists, pharmacists.
Your corporation will be registered according to the Health Profession Corporation (HPC) Permit, B.C to form such a corporation.
Members of a professional college or association of BC are permitted to incorporate for the purpose of practicing their profession. To do so, College or Association members form a corporation according to the regulation of the College and apply for authorization.
$ 0.00 CAD
Guidelines
What is the governing body?To make a professional corporation, the director and shareholder must belong to a certain licensed profession which is governed and regulated by a regulator body (Example: Law Society). These professions are usually engineering, regulated health, lawyers, CPA, CGA, social workers, architects and other. The governing body provides guidelines and regulations for preparing the articles of incorporation. Our legal team prepares the articles of incorporation and by-laws according to these rules and regulations.
What are the incorporation steps?Step 1: Payment Clearance: We receive your order and verify the payment
Step 2: Order Review: Our team review your order and make sure the application is error free
Step 3: Name Pre-Approval: If a Name Pre-approval is not given, we obtain it from BC Registry.
Step 4: Authorization Letter: Customer obtains the Authorization Letter from the governing body
Step 5: Articles: We prepare the Articles of Incorporation as per regulations by the professional body
Step 6: Draft Review: The agent prepares the application and send the draft to customer for review.
Step 7: Registration: After customer confirmation, the corporation registered as per registration queue
Step 8: Other Services: Other services selected in package are completed afterwards.
How fast can I get docs?A professional corporation must be a named company and therefore a name pre-approval must be obtained from BC government prior to incorporation. If a name pre-approval is is already obtained by you, we can incorporate the corporation in as fast as 2 business hours. If you haven't obtain the name pre-approval, we can obtain on be half of you. In such case, Government has name approval queue and speed varies with your selection of service queue.
Can I customize the articles?Yes. Incorp Pro offers 3 options for articles of incorporation:
standard,
advanced and
customized.
All our articles are prepared and checked by our legal and accounting team.
Who prepares it?Incorp Pro prepares the articles of corporation, by laws and other documents. We are proud to incorporate thousands of companies since 2002 in Canada.
How name approval works?A professional corporation in BC must be registered as a named company. Therefore, prior to registration, a name pre-approval must be obtained. If you have not obtained the name approval, we submit the name approval application on be half of you. When the name got approved, the customer must obtain an Authorization Letter from their governing body.
Do I need Minutebook?A Minute book is a corporate legal document prepared by a our legal and accounting team. As per corporation act, a Minute book is MANDATORY. Minute book consists of by laws, share structure & other legal sections. It's REQUIRED to open bank account. Without it, a corporation is not complete. A Minute book must be presented when corporation is audited.
Sample Minute Book (Pictures)What is share certificates?Share certificates is the legal and official proof of ownership of corporation. You need it to show in any official purpose such as bank, contracts, mortgage etc. It's an absolute recommended items if you have more than one shareholder. We will send some blanks certificates as well which could be used in future in case you add any other person (such as spouse, child, friend) as shareholder.
Click here to see more pictures of Share Certificate.
Share Certificates (Pictures)What is corporate seal?A corporate seal is an embossed seal used for the protection of the business against fraudulent activities. It has legal value in preventing fake representation of your business. Traditionally, corporate seals are used contracts, share certificates, bank documents, land titles etc. It's highly recommended if your company has frequent transactions or provide receipts, invoices and other documentations such as loan contract, mortgage application, employment contract, service contract or any sub-contract.
Click here to see more pictures of Corporate Seal.
What in service support?It includes legal, accounting and corporation update services. Every new corporation receives notices from CRA, federal & provincial government, competitor business etc. As a small company, if you do not have your own lawyer and accountant, then our our legal and accounting team here for you. It's a $399 dollar service, but only $99 with package.
Why need payroll account?Payroll account applicable in all cases. Even if you do not have employee, your own salary to be processed through payroll account. Please note, this is not the process your payroll, but this is the initial set up of payroll account with CRA which you definitely need to process the payroll.
Do I need import export account?You need import export account only if you plan to export or import from/to out side of Canada. Please note, only physical items (not service) fall under export or import. If you select, we will register this account and give you the account number.
What is WSBC?It's WorkSafe BC registration. If your corporation plan to have employees now or in future, it MUST register with WSBC. We register and give you the account number and hook you with WSBC authority. Please note, it does not cost monthly premium fees, rather WSBC authority will advise on your eligibility of free program or fees.
Any advantage of doing in package?Two major benefits:
1. Tax Claimable: the expenses and costs that occur during the business set up, is a part of Business Development Expenses, which is tax claimable. However, expenses and costs that occur after the business is registered, is a part of Operational Expense, which is not tax claimable.
2. One-attempt Filing: These filing are done together with the incorporation filing; hence, it's cheaper in package. Doing this services later involves manual forms and process which increases the cost and processing time.
What are mandatory?Mandatory in All Conditions:
Bylaws and Minute Book: A corporation's bylaws must be prepared as per Corporation Act.
Corporate Tax ID: Every corporation must have a corporate tax ID (RT0001). It's similar to the SIN number for an individual.
GST Account: Not only to collect HST from customers, but also to claim the HST amount paid by the corporation on it purchases.
PST Account: Not only to collect PST from customers, but also to claim the PST amount paid by the corporation on it purchases.
Mandatory in Some Conditions:
Payroll Account:A Payroll account is required not only to pay the employees, but also to an owner himself or family members as employees of the company.
WSBC Account: is required if the corporation hires any employee other than the director himself.
Why choice for mandatory?Many of our clients are law firm and accounting firm. This is why, we kept everything here as a choice. For example, the Minute book is a mandatory for a corporation, but we put here as a choice, because the law firm itself can prepare their minute book.
BC Professional Corporation