A Professional Corporation is a corporation that carries on a professional practice. Professional corporations are governed by the Business Corporations Act, as well as the by-laws of the governing bodies of the relevant professions.
Examples: Professionals that can incorporate their practices are: Medical Doctors, Dentists, Veterinarians, Chartered Accountants, Certified General Accountants, Lawyers, etc.

Why should you register your Professional corporation?

• This is suitable for one or more people forming a Professional Corporation with limited liability to the owners. A Corporation is a separate entity from it owners
• with continued existence even after the death of it owners. Ownership can be transferred.
• This format is good for limited liability which means the owners' personal assets are protected from liabilities.
• Income generated from it will not be taxed as personal taxes and will be lower than personal taxes.
• Can be formed by Professionals who wish to practice as a corporation.

You can propose 2 names in the order of preference for your corporation. We will check for name compliance and name conflicts. If the first name is not available we will proceed with the second name. Once we receive the approval from Manitoba Companies office we will proceed to the incorporation..

Incorporators prepares documents, fill forms and submit for incorporation. Once the company is incorporated, they have no role in it. Directors supervising the activities of the corporation and makes decisions. Typically all directors must be incorporators.

Note: This is suitable for most Professional corporations with single owner and corporations with multiple owners but do not want to differentiate between shareholders. Usually all shareholders of a professional corporation are professionals who hold a degree in that professional.

Custom Share Structure: Suitable for service providers who are incorporating for their clients or if you already have your own professional corporation articles. If you select this option, you must provide the following in the box below:

1. Share classes
2. Rights and restrictions attached to each share class.