INCORPORATION FOR DOCTORS

INCORPORATING YOUR MEDICAL CORPORATION

INCORPORATING WITH LEX START ENSURES THAT YOU RESPECT ALL THE REGULATORY STANDARDS OF THE COLLEGE OF PHYSICIANS AND SURGEONS OF YOUR PROVINCE.

banque nationale

Get a 1000$ refund on the incorporation of your medical corporation by opening a business account with the National Bank

THE PRACTICE OF MEDICINE UNDER A PHYSICIAN CORPORATION

In every province, Colleges of Physicians and Surgeons allow their members to practice their profession under the structure of a corporation rather than under their personal name. This, of course, does not alter the professional responsibility incumbent upon physicians’ corporations towards their clients and their profession.

Practising medicine for the benefit of a physician corporation requires the specific authorisation from the College of Physicians and Surgeons of your province who grants such an authorisation ex officio, and after validating that your corporation complies with its regulations.

All while not identical, all provinces share similar regulatory standards that address the corporation’s business name and control to ensure that the corporation remains in the hands of the practising physician(s) at all times. The terms and conditions of these restrictions must be provided in the articles of incorporation of the physician corporation. Therefore, establishing a physician corporation involves additional steps that are incumbent upon Lex Start at the incorporation stage.

Although a physician corporation may comply with all the regulatory standards, physicians remain responsible for requesting the authorisation from the College. To do so, Lex Start provides physicians with all the required documentation. Note that additional fees ranging from $200 to $400 may be payable to the College to that effect.