Psychotherapy Professional Corporations Lawyers

If you are practicing psychotherapist in Ontario, registering as a psychotherapy professional corporation is an option but not an obligation. Registering as a psychotherapy professional corporation is a commercial decision and depends upon the particular nature of your practice.

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

You may be protected from the liability of non-professional business related activities. For example, if you entered into a property lease with your psychotherapist 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 psychotherapist professional corporation unless they are members of the College of Registered Psychotherapists of Ontario.

Yes, your psychotherapist 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 Registered Psychotherapists of Ontario.

No, the only medical professional corporations which may be shareholders or directors in your psychotherapist professional corporation are other Psychotherapists.