Professional Corporations

The College’s Guide to an Application for a Certificate of Authorization for a Health Professional Corporation states: “The articles of the Professional Corporation must provide that it cannot carry on a business other than the practice of psychology and activities related to, or ancillary to, the practice of psychology”. Are services provided by practitioners registered with another College (e.g., the College of Registered Psychotherapists of Ontario, the Ontario College of Social Workers and Social Service Workers), considered “ancillary”?

The word “ancillary” is not defined in the Business Corporations Act, 1990 from which this condition arises. It’s the College’s […] More >>>

My colleagues and I, some of whom are members of other health professions, have set up a corporation to manage our clinic. Do we have to register our corporation with the College and obtain a Certificate of Authorization?

There are differences between professional corporations and those that manage practices and are not professional corporations. A corporation that manages […] More >>>

What is the difference between a Professional Corporation and a Practice Management Corporation?

While both are corporations, the rules that stipulate their ownership structures and the activities that they can undertake are different. […] More >>>

If my professional corporation’s Certificate of Authorization has been revoked, how can it be reinstated?

If the College revoked a Certificate of Authorization, the professional corporation must apply for a new one and meet the […] More >>>

Can the College revoke my professional corporation’s Certificate of Authorization?

Yes – In fact, the College must revoke a professional corporation’s Certificate of Authorization in a number of circumstances. These […] More >>>

May I practise psychology through a corporation that is not a psychology professional corporation?

No, if you are practising the profession of psychology through a corporation it may only be a psychology professional corporation […] More >>>

Can I apply for a Certificate of Authorization if I have incorporated under the Canada Business Corporations Act?

No. Members intending to incorporate must do so under the Ontario Business Corporations Act. For forms and instructions on how […] More >>>

What is meant by “a copy of every certificate endorsed under the Business Incorporations Act”?

You must submit articles of amendment filed with the Ministry of Government Services if you made any changes, such as […] More >>>

What is a “Corporation Profile Report” and how do I get one?

A Corporation Profile Report is a document issued by the Ontario Ministry of Public and Business Service Delivery (formerly the […] More >>>

Why must I complete a renewal each year for my professional corporation?

The requirements related to issuance and renewals of Certificates of Authorization are set out in the Regulated Health Professions Act, […] More >>>

What is the fee for to renew a Certificate of Authorization?

The fee for renewal of a Certificate of Authorization is $250. More >>>

How long is the Certificate of Authorization valid for?

The certificate is valid for one year and must be renewed annually on the date of authorization. Members will be […] More >>>

Can a holding company be a shareholder of a psychology professional corporation?

Yes, if all the shareholders, officers and directors of the holding company are registered members with the College of Psychologists […] More >>>

Who is permitted to be a shareholder, officer or director of a professional corporation?

Only members of the College of Psychologists and Behaviour Analysts of Ontario. More >>>

Can the name of my business or practice be different than the name of the professional corporation? Do I have to register the name of the business as well and how would I do that?

You may use a different practice name than the name of your professional corporation. You must list every practice name […] More >>>