Lawyers for Nurse Professional Corporations

If you are a self-employed nurse in independent practice in Ontario, then you may be entitled to register your practice as a professional corporation. Professionals registered under Regulated Health Professions Act, 1991 are entitled to register as a professional corporation, including certain nurses.

To be registered as a nurse 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 with the College of Nurses of Ontario. During the corporation registration and application process, you must ensure to meet strict requirements of the College of Nurses of Ontario.

To ensure compliance of your professional obligations, the College of Nurses of Ontario requires that your corporation is structured appropriately. For instance, the name of your professional corporation must include your last name and the term “professional corporation”. Further, you must ensure that all shareholders and directors are registered with the College of Nurses of Ontario.

Falconlaw

Benefits of a nurse professional corporation:

Corporate structuring benefits

Accounting and taxation benefits

Ease of sale or transfer your nurse practice

Separate personal and business liabilities

At Falcon Law PC, we can assist you with the registration and approval of your nurse professional corporation. Having worked with many nurse corporations, we are well versed with the requirements of the College of Nurses of Ontario and can assist you in easily obtaining approval for your nurse corporation.

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If you are self-employed nurse in independent practice in Ontario, registering as a nurse professional corporation is an option but not an obligation. Registering as a nurse professional corporation is a commercial decision and depends upon the particular nature of your practice.

No, with a nurse professional corporation you will remain personally liable for your professional obligations as a nurse.

You may be protected from the liability of non-professional business related activities.

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 nurse professional corporation unless they are members of the College of Nurses of Ontario.

No, the only medical professional corporations which may be shareholders or directors in your nurse professional corporation are other nurses registered as members of the College of Nurses of Ontario.

Additional Resources

  • Click here to view the College of Nurses of Ontario’s application form.
  • Click here to view the College of Nurses of Ontario’s guidelines for registering a nurse or health professional corporation.

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  • Health professional corporation registrations.

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