Chiropractor Professional Corporations Lawyers
If you are a registered chiropractor in Ontario, then you are entitled to register your practice as a professional corporation. Professionals registered under Regulated Health Professions Act, 1991 are entitled to register as professional corporations, including chiropractors.
To be a chiropractor professional corporation in Ontario, you are required to register a corporation pursuant to the Business Corporations Act, 1990. Following which, you are required to seek approval of the corporation to the College of Chiropractors of Ontario. During the corporation registration and application process, you must ensure to meet stringent requirements of the College of Chiropractors of Ontario.
Benefits of a chiropractor professional corporation:
Corporate structuring benefits
Accounting and taxation benefits
Ease of sale or transfer your chiropractor practice
Separate personal and business liabilities
At Falcon Law PC, we can assist you with the registration and approval of your chiropractor professional corporation. Having worked with many chiropractor corporations, we are well versed with the requirements of the College of Chiropractors of Ontario and can assist you in easily obtaining approval for your chiropractor corporation.
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If you are practicing chiropractor in Ontario, registering as a chiropractor professional corporation is an option but not an obligation. Registering as a chiropractor professional corporation is a commercial decision and depends upon the particular nature of your practice.
No, with a chiropractor professional corporation you will remain personally liable for your professional obligations as a chiropractor.
You may be protected from the liability of non-professional business related activities. For example, if you entered into a property lease with your chiropractor professional corporation, then you most probably would not be personally responsible for this.
You are required to maintain a minute book for any corporation in Ontario. A minute book is a virtual or physical book containing your corporate records, including, but not limited to, share certificates, ledgers, and resolutions.
No, your family and friends cannot be shareholders or directors in your chiropractor professional corporation unless they are members of the College of Chiropractors of Ontario.
Yes, your chiropractor corporation can apply for separate operating name or business name by way of a master business license. Please note that the master business license name must be in accordance with the naming standards of the College of Chiropractors of Ontario.
No, the only medical professional corporations which may be shareholders or directors in your chiropractor professional corporation are other chiropractors.
What other services does Falcon Law PC provide to chiropractors and chiropractor professional corporations?
- Business agreements review and negotiations.
- Chiropractor business sale and purchase.
- Minute book management and corporate compliance.
- Employment and staffing matters.
Additional Resources
- Click here to view the College of Chiropractors of Ontario’s guidelines for the application for certificate of authorization for a professional corporation.
- Click here to view a copy of the College of Chiropractors of Ontario’s application for certificate of authorization for a professional corporation.
Find out more about:
- Incorporating as a chiropractor professional corporation.
- Chiropractor professional corporation lawyers.
- Law firm for chiropractor professional corporation.
- Applying for a certificate of authorization for a chiropractor professional corporation.
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