{"id":13139,"date":"2018-06-07T19:36:26","date_gmt":"2018-06-07T19:36:26","guid":{"rendered":"http:\/\/chalatilegal.ca\/?page_id=13139"},"modified":"2018-08-21T14:36:19","modified_gmt":"2018-08-21T14:36:19","slug":"professional-incorporation","status":"publish","type":"page","link":"https:\/\/chalatilegal.ca\/en\/professional-incorporation\/","title":{"rendered":"Incorporation for Professionals"},"content":{"rendered":"

[vc_row full_width=”stretch_row_content_no_spaces”][vc_column][layerslider_vc id=”10″][\/vc_column][\/vc_row][vc_row full_width=”stretch_row_content”][vc_column][vc_empty_space height=”50px”][vc_row_inner container_type=”fluid”][vc_column_inner width=”1\/3″][\/vc_column_inner][vc_column_inner width=”2\/3″][lab_text_autotype typed_text=”<\/p>\n

I am a(n) *Acupuncturist.;Chartered Administrator.;Agronomist.;Architect.;Land Surveyor.;Hearing Care Professional.;Lawyer.;Chemist.;Chiropractor.;Chartered Accountant.;Guidance Counselor.;Certified Human Resources Professional.;Criminologist.;Dentist.;Denturologist.;Dental Hygienist.;Dental Technician.;Dietitian.;Occupational Therapist.;Chartered Appraiser.;Geologist.;Bailiff.;Nurse.;Engineer.;Forest Engineer.;Respiratory Therapist.;Doctor.;Veterinarian.;Notary.;Dispensing Optician.;Optometrist.;Speech Therapist.;Audiologist.;Pharmacist.;Physiotherapist.;Podiatrist.;Psychoeducator.;Psychologist.;Midwife.;Sexologist.;Medical Technologist.;Medical Imaging Specialist.;Radio-Oncology Specialist.;Medical Electrophysiology Specialist.;Technologist.;Certified Translator.;Certified Terminologist.;Certified Interpret.;Social Worker.;Marriage and Family Therapist.;Urban Planner.;Professional.*<\/h1>\n

“][\/vc_column_inner][\/vc_row_inner][vc_separator color=”custom” border_width=”4″ el_width=”10″ accent_color=”#45f0df”][vc_empty_space height=”50px”][\/vc_column][\/vc_row][vc_row full_width=”stretch_row_content”][vc_column width=”2\/6″ css=”.vc_custom_1523298315912{padding-right: 100px !important;background-color: #5f4f87 !important;}”][vc_column_text css=”.vc_custom_1524764228081{padding-top: 220px !important;padding-right: 40px !important;}”]<\/p>\n

6<\/span> Benefits of Incorporation<\/span>.\u00a0<\/span><\/h1>\n

The ultimate business model<\/span>[\/vc_column_text][vc_separator color=”custom” align=”align_left” border_width=”4″ el_width=”30″ accent_color=”#45f0df” css=”.vc_custom_1528214688133{padding-bottom: 240px !important;}”][\/vc_column][vc_column width=”4\/6″][vc_row_inner css=”.vc_custom_1523298118777{padding-top: 20px !important;}”][vc_column_inner width=”1\/3″][vc_column_text css_animation=”slideInRight”]<\/p>\n

Limited Liability<\/span><\/h1>\n

\uf103<\/i><\/span><\/p>\n

The corporation is a separate legal entity from your person. Meaning that in the event of a lawsuit or bankruptcy, your personal assets will be protected.<\/p>\n

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Perpetuity<\/span><\/h1>\n

\uf103<\/i><\/span><\/p>\n

The lifespan of your corporation is not limited to your existence. Your corporation can exists perpetually and be passed on from generation to generation.<\/p>\n

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Flexible Payout Options<\/span><\/h1>\n

\uf103<\/i><\/span><\/p>\n

Having a corporation allows you to choose the way you want to pay out funds to your directors or shareholders, whether it is through salary, loans or dividends.<\/p>\n

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Flexible Financing Options<\/span><\/h1>\n

\uf103<\/i><\/span><\/p>\n

Having a corporation allows you to raise capital by issuing shares to your friends, family, associates or investors. You are also more likely to secure a loan or investment because of the limited liability.<\/p>\n

[\/vc_column_text][\/vc_column_inner][vc_column_inner width=”1\/3″][\/vc_column_inner][\/vc_row_inner][vc_row_inner css=”.vc_custom_1523298125157{padding-bottom: 20px !important;}”][vc_column_inner width=”1\/3″][vc_column_text css_animation=”slideInRight”]<\/p>\n

Tax Benefits<\/span><\/h1>\n

\uf103<\/i><\/span><\/p>\n

Being a corporation allows to benefit from lower rates of income tax and can allow you to benefit from deductible expenses.<\/p>\n

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Capital-Gains<\/span><\/h1>\n

\uf103<\/i><\/span><\/p>\n

If you sell the shares of a Canadian private corporation that has 90% of its business in Canada, you benefit from a capital-gains tax exemption on $800,000.<\/p>\n

[\/vc_column_text][\/vc_column_inner][vc_column_inner width=”1\/3″][\/vc_column_inner][\/vc_row_inner][\/vc_column][\/vc_row][vc_row][vc_column][vc_empty_space][vc_column_text css=”.vc_custom_1528828294292{padding-top: 50px !important;}”]<\/p>\n

Who is a Professional Incorporation For.<\/span><\/h1>\n

Find your professional order below<\/p>\n

[\/vc_column_text][vc_separator color=”custom” border_width=”4″ el_width=”10″ accent_color=”#45f0df” css=”.vc_custom_1523649049598{padding-bottom: 32px !important;}”][\/vc_column][\/vc_row][vc_row][vc_column][vc_tta_accordion color=”white” c_align=”center” c_icon=”” active_section=”985765977″ no_fill=”true” collapsible_all=”true” css=”.vc_custom_1528835511699{background-color: #45f0df !important;}”][vc_tta_section i_icon_fontawesome=”fa fa-chevron-down” add_icon=”true” tab_id=”1528827239792-0473b8ad-14f8″][vc_column_text]Ordre des acupuncteurs du Qu\u00e9bec<\/p>\n

Ordre des administrateurs agr\u00e9\u00e9s du Qu\u00e9bec<\/p>\n

Ordre des agronomes du Qu\u00e9bec<\/p>\n

Ordre des architectes du Qu\u00e9bec<\/p>\n

Ordre des arpenteurs-g\u00e9om\u00e8tres du Qu\u00e9bec<\/p>\n

Ordre des audioproth\u00e9sistes du Qu\u00e9bec<\/p>\n

Barreau du Qu\u00e9bec<\/p>\n

Ordre des chimistes du Qu\u00e9bec<\/p>\n

Ordre des chiropracticiens du Qu\u00e9bec<\/p>\n

Ordre des comptables professionnels agr\u00e9\u00e9s du Qu\u00e9bec<\/p>\n

Ordre des conseillers et conseill\u00e8res d’orientation du Qu\u00e9bec<\/p>\n

Ordre des conseillers en ressources humaines agr\u00e9\u00e9s du Qu\u00e9bec<\/p>\n

Ordre professionnel des criminologues du Qu\u00e9bec<\/p>\n

Ordre des dentistes du Qu\u00e9bec<\/p>\n

Ordre des denturologistes du Qu\u00e9bec<\/p>\n

Ordre professionnel des di\u00e9t\u00e9tistes du Qu\u00e9bec<\/p>\n

Ordre des ergoth\u00e9rapeutes du Qu\u00e9bec<\/p>\n

Ordre des \u00e9valuateurs agr\u00e9\u00e9s du Qu\u00e9bec<\/p>\n

Ordre des g\u00e9ologues du Qu\u00e9bec<\/p>\n

Chambre des huissiers de justice du Qu\u00e9bec<\/p>\n

Ordre des hygi\u00e9nistes dentaires du Qu\u00e9bec<\/p>\n

Ordre des infirmi\u00e8res et infirmiers auxiliaires du Qu\u00e9bec<\/p>\n

Ordre des ing\u00e9nieurs du Qu\u00e9bec<\/p>\n

Ordre des ing\u00e9nieurs forestiers du Qu\u00e9bec<\/p>\n

Ordre professionel des inhaloth\u00e9rapeutes du Qu\u00e9bec<\/p>\n

Coll\u00e8ge des m\u00e9decins du Qu\u00e9bec<\/p>\n

Coll\u00e8ge des m\u00e9decins v\u00e9t\u00e9rinaires du Qu\u00e9bec<\/p>\n

Chambre des notaires du Qu\u00e9bec<\/p>\n

Ordre des opticiens d’ordonnances du Qu\u00e9bec<\/p>\n

Ordre des optom\u00e9tristes du Qu\u00e9bec<\/p>\n

Ordre des orthophonistes et audiologistes du Qu\u00e9bec<\/p>\n

Ordre des pharmaciens du Qu\u00e9bec<\/p>\n

Ordre professionnel de la physioth\u00e9rapie du Qu\u00e9bec<\/p>\n

Ordre des podiatres du Qu\u00e9bec<\/p>\n

Ordre des psycho\u00e9ducateurs et psycho\u00e9ducatrices du Qu\u00e9bec<\/p>\n

Ordre des psychologues du Qu\u00e9bec<\/p>\n

Ordre des sages-femmes du Qu\u00e9bec<\/p>\n

Ordre professionnel des sexologues du Qu\u00e9bec<\/p>\n

Ordre des techniciens et techniciennes dentaires du Qu\u00e9bec<\/p>\n

Ordre professionnel des technologistes m\u00e9dicaux du Qu\u00e9bec<\/p>\n

Ordre des technologues en imagerie m\u00e9dicale, en radio-oncologie et en \u00e9lectrophysiologie m\u00e9dicale du Qu\u00e9bec<\/p>\n

Ordre des technologues professionnels du Qu\u00e9bec<\/p>\n

Ordre des traducteurs, terminologues et interpr\u00e8tes agr\u00e9\u00e9s du Qu\u00e9bec<\/p>\n

Ordre des travailleurs sociaux et des th\u00e9rapeutes conjugaux et familiaux du Qu\u00e9bec<\/p>\n

Ordre des urbanistes du Qu\u00e9bec<\/p>\n

[\/vc_column_text][\/vc_tta_section][\/vc_tta_accordion][vc_empty_space height=”64px”][\/vc_column][\/vc_row][vc_row full_width=”stretch_row_content” css=”.vc_custom_1523389709001{background-color: #45f0df !important;}”][vc_column width=”1\/4″][\/vc_column][vc_column width=”1\/2″][vc_column_text css=”.vc_custom_1523649430654{padding-top: 50px !important;}”]<\/p>\n

Ambitious business but small budget?<\/span><\/h1>\n

Discover our resources section. You’ll find videos, guides and contracts to guide you through the legal of your business.<\/span><\/h1>\n

Learn and copy the techniques we use for our clients and use them to protect your business.<\/span><\/h1>\n

[\/vc_column_text][vc_separator color=”custom” border_width=”4″ el_width=”10″ accent_color=”#5f4f87″][vc_btn title=”Learn More” style=”custom” custom_background=”#5f4f87″ custom_text=”#ffffff” shape=”square” align=”center” link=”url:http%3A%2F%2Fchalatilegal.ca%2Fen%2Fknowledge-base%2F|||” css=”.vc_custom_1534865608519{padding-bottom: 50px !important;}”][\/vc_column][vc_column width=”1\/4″][\/vc_column][\/vc_row][vc_row][vc_column][vc_empty_space][vc_column_text css=”.vc_custom_1528831771542{padding-top: 50px !important;}”]<\/p>\n

What You Get.<\/span><\/h1>\n

Our full service package for all professional start-ups<\/p>\n

[\/vc_column_text][vc_separator color=”custom” border_width=”4″ el_width=”10″ accent_color=”#45f0df” css=”.vc_custom_1523649049598{padding-bottom: 32px !important;}”][vc_row_inner][vc_column_inner width=”1\/4″][\/vc_column_inner][vc_column_inner width=”1\/2″][lab_pricing_table purchase_link=”url:http%3A%2F%2Fchalatilegal.ca%2Fen%2Fcontact-us%2F|title:Get%20a%20Quote||” title=”Professional Incorporation Package” plan_features=”\u2713 Complete Provincial Business Incorporation
\n\u2713 Initial Consultation
\n\u2713 Statutes and Articles of Incorporation
\n\u2713 Initial Corporation Organization
\n\u2713 Corporate Minute Book
\n\u2713 Registration of QST and GST tax numbers
\n\u2713 Share certificates
\n\u2713 Constituting documents for your professional order
\n\u2713 Declaration to your professional order
\n\u2713 Submission to your professional order
\n\u2713 Government Filing & Registration Fees” header_background_color=”#5f4f87″ title_background_color=”#25ced1″ title_text_color=”#000000″ purchase_background_color=”#5f3587″ purchase_text_color=”#ffffff” plan_price=”starting at ” plan_description=”$1,800.00″][\/vc_column_inner][vc_column_inner width=”1\/4″][\/vc_column_inner][\/vc_row_inner][vc_empty_space height=”20px”][\/vc_column][\/vc_row][vc_row][vc_column][vc_column_text css=”.vc_custom_1523302936027{padding-top: 50px !important;}”]<\/p>\n

Frequently Asked Questions.<\/span><\/h1>\n

Find As to your Qs<\/p>\n

[\/vc_column_text][vc_separator color=”custom” border_width=”4″ el_width=”10″ accent_color=”#45f0df” css=”.vc_custom_1523649049598{padding-bottom: 32px !important;}”][\/vc_column][\/vc_row][vc_row full_width=”stretch_row_content” css=”.vc_custom_1523382416223{padding-right: 42px !important;padding-left: 42px !important;}”][vc_column][vc_tta_accordion style=”modern” shape=”square” active_section=”100″ collapsible_all=”true”][vc_tta_section title=”Who is considered a professional by law?” tab_id=”1523388080539-0744c53f-6328″][vc_column_text]By law, a professional in Quebec is any person who is a member of an order and who has a permit issued by that Order to practice his profession. The order will act as a governing body to its members and enact specific rules that must be followed by its members.<\/p>\n

The full list of professionals order in Quebec can be found here:\u00a0https:\/\/professions-quebec.org\/en\/quebec-interprofessional-council\/about-us\/members\/<\/a>.[\/vc_column_text][\/vc_tta_section][vc_tta_section title=”Why is there a different incorporation process for professionals?” tab_id=”1523388080578-6ed954ef-bc4f”][vc_column_text]Since professionals are governed by the rules set out by their Order, they must also follow all rules related to the constitution and creation of their corporation. Most professional orders have specific requirements with regards to how a business should be structured, how the shares will be distributed and owned, how liability can be attributed and much more. Therefore, when incorporating a professional’s business, a specific process needs to followed in order to ensure that all shareholder agreements, share restrictions, share descriptions and constituting documents are created according to the Order’s by-law.[\/vc_column_text][\/vc_tta_section][vc_tta_section title=”If I’m a professional, why should a work through a company? ” tab_id=”1528907952031-22627653-67ff”][vc_column_text]Incorporation creates several tax advantages for the professional. Notably, you will be able to benefit from a lower corporate tax rate that varies between 19% and 23$ which will allow you to make greater tax savings in the long term.[\/vc_column_text][\/vc_tta_section][vc_tta_section title=”If I am a professional, what should I be aware of in my corporation? ” tab_id=”1523388117677-c8dba870-c2af”][vc_column_text]As a professional, member of an Order, you should be aware of two things:<\/p>\n

    \n
  1. The governing Act or Statute that sets out the rules for the members of your order<\/li>\n
  2. That your corporation is compliant with the professional rules regarding structure, operation and management<\/li>\n<\/ol>\n

    [\/vc_column_text][\/vc_tta_section][vc_tta_section title=”What is the difference between a salary and a dividend?” tab_id=”1528908077795-3e7d865f-a48c”][vc_column_text]A salary is a fixed compensation paid periodically to an employee for the services and work rendered.<\/p>\n

    On the other hand, the dividend is the distribution of profit made by a company to its shareholders. All surplus in profits made by a corporation can either be reinvested into the company or be distributed to its shareholders as a dividend.[\/vc_column_text][\/vc_tta_section][vc_tta_section title=”Do I need a lawyer to incorporate?” tab_id=”1523388152433-2591f92e-10dc”][vc_column_text]Yes, the incorporation process requires the drafting of various legal documents and having an attorney draft those documents for you would be highly recommended.[\/vc_column_text][\/vc_tta_section][vc_tta_section title=”I am incorporated. Should I be paying myself a salary or in dividends?” tab_id=”1528908386453-82fb4f4c-c0df”][vc_column_text]If you pay yourself a salary from the corporation, you will also be paying a contribution which in exchange will provide you with certain social benefits like pension, maternity and paternity benefits. If you plan on having children in the future, this can be an advantageous option.<\/p>\n

    On the other hand, if you pay yourself in dividends, you only pay taxes on the amount distributed without having to pay for any contributions. Therefore, any excess capital remaining in the corporation can be reinvested.[\/vc_column_text][\/vc_tta_section][\/vc_tta_accordion][vc_empty_space][\/vc_column][\/vc_row][vc_row][vc_column][vc_column_text]<\/p>\n

    Ready to go?<\/span><\/h1>\n

    Request a quote via the form below<\/p>\n

    [\/vc_column_text][vc_separator color=”custom” border_width=”4″ el_width=”10″ accent_color=”#45f0df”][lab_contact_form name_title=”Name.” email_title=”Email.” message_title=”Message.” show_subject_field=”yes” subject_title=”Phone.” submit_success=”Thank you, message sent!” alert_errors=””][\/vc_column][\/vc_row]<\/p>\n","protected":false},"excerpt":{"rendered":"

    [vc_row full_width=”stretch_row_content_no_spaces”][vc_column][layerslider_vc id=”10″][\/vc_column][\/vc_row][vc_row full_width=”stretch_row_content”][vc_column][vc_empty_space height=”50px”][vc_row_inner container_type=”fluid”][vc_column_inner width=”1\/3″][\/vc_column_inner][vc_column_inner width=”2\/3″][lab_text_autotype typed_text=” I am a(n) *Acupuncturist.;Chartered Administrator.;Agronomist.;Architect.;Land Surveyor.;Hearing Care Professional.;Lawyer.;Chemist.;Chiropractor.;Chartered Accountant.;Guidance Counselor.;Certified Human Resources Professional.;Criminologist.;Dentist.;Denturologist.;Dental Hygienist.;Dental Technician.;Dietitian.;Occupational Therapist.;Chartered Appraiser.;Geologist.;Bailiff.;Nurse.;Engineer.;Forest Engineer.;Respiratory Therapist.;Doctor.;Veterinarian.;Notary.;Dispensing Optician.;Optometrist.;Speech Therapist.;Audiologist.;Pharmacist.;Physiotherapist.;Podiatrist.;Psychoeducator.;Psychologist.;Midwife.;Sexologist.;Medical Technologist.;Medical Imaging Specialist.;Radio-Oncology Specialist.;Medical Electrophysiology Specialist.;Technologist.;Certified Translator.;Certified Terminologist.;Certified Interpret.;Social Worker.;Marriage and Family Therapist.;Urban Planner.;Professional.* “][\/vc_column_inner][\/vc_row_inner][vc_separator color=”custom” border_width=”4″ el_width=”10″ accent_color=”#45f0df”][vc_empty_space height=”50px”][\/vc_column][\/vc_row][vc_row full_width=”stretch_row_content”][vc_column width=”2\/6″ css=”.vc_custom_1523298315912{padding-right: 100px !important;background-color:…<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"class_list":["post-13139","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/chalatilegal.ca\/en\/wp-json\/wp\/v2\/pages\/13139","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/chalatilegal.ca\/en\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/chalatilegal.ca\/en\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/chalatilegal.ca\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/chalatilegal.ca\/en\/wp-json\/wp\/v2\/comments?post=13139"}],"version-history":[{"count":96,"href":"https:\/\/chalatilegal.ca\/en\/wp-json\/wp\/v2\/pages\/13139\/revisions"}],"predecessor-version":[{"id":13503,"href":"https:\/\/chalatilegal.ca\/en\/wp-json\/wp\/v2\/pages\/13139\/revisions\/13503"}],"wp:attachment":[{"href":"https:\/\/chalatilegal.ca\/en\/wp-json\/wp\/v2\/media?parent=13139"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}