As a result of amendments to the Regulated Health Professions Act (RHPA) (including regulations), the Health Professions Procedural Code and the Business Corporations Act (BCA), regulated health professionals are now permitted to incorporate for the purpose of practising a health profession, providing they obtain Certificates of Authorization from their respective health profession Colleges.
The provisions outline the conditions and requirements that must be met in order to obtain a Certificate of Authorization from a College, and
- all of the issued and outstanding shares of the corporation shall be legally and beneficially owned, directly or indirectly, by one or more members of the same profession, who hold a certificate of registration issued by the College;
- all officers and directors of the corporation must be shareholders of the corporation;
- the articles of the professional corporation must provide that the corporation cannot carry on a business other than the practice of the profession governed by the College and activities related to or ancillary to the practice of the profession;
- the name of the corporation must include the words “Professional Corporation” or “Société professionnelle” in one continuous phase and comply with the rules respecting the names of professional corporations set out in the regulations and with the rules respecting names set in the regulations or by-laws under the Act governing the profession.
Example of an acceptable name of a corporation:
Shareholder(s) Last Name Chiropody Professional Corporation
In order to obtain an initial Certificate of Authorization from the College, a corporation must complete and submit an application to the College along with certain information and documents as required by regulation. For more details please read the Guide to an Application for a Certificate of Authorization for Health Profession Corporations.