close search panel
Information for Licensed Members

Professional Corporations

The College does not provide legal or accounting advice in respect to the issuance or renewal of Certificates of Authorization. The College recommends licensed veterinarians seek appropriate professional advice with respect to establishing a professional corporation suited to their specific circumstances.

Establishing a Professional Corporation

Under the Veterinarians Act, College licensed members are permitted to establish a corporation for the purpose of practising veterinary medicine. Licensed members intending to incorporate must also follow the regulations and restrictions outlined in the Ontario Business Corporations Act and the College By-Laws.

Please Note: All shareholders in a professional corporation must hold a licence issued from the College of Veterinarians of Ontario. Further, a shareholder may hold the shares through a holding company providing all of the shares are held by individuals holding licences issued by the College.

The following steps detail the process to obtaining a Certificate of Authorization, which will permit veterinarians to practise veterinary medicine through a professional corporation:

Step One:

NOTE: The professional corporation name does NOT replace the name of the accredited facility name. The approved name of the accredited facility must appear on all signage, advertisements, newsletters, business cards, and invoices. The approved name of the professional corporation and the accredited facility name must appear on invoices and consent forms.

Step Two:

Incorporate with the Ministry of Government and Consumer Services (MGCS).

In accordance with the By-laws Section 44. (5) (ii), the articles of incorporation must state that:

  1. The corporation does not carry on a business other than the practice of veterinary medicine and activities related to or ancillary to the practice of veterinary medicine.
  2. All shareholders, directors and officers must be licensed veterinarians in Ontario

For assistance incorporating with the MGCS, contact the Companies Branch Help line at (416) 314-8880 or toll free at 1-800-361-3223 or at www.mgs.gov.on.ca.

Step Three:

Complete the Application for Certificate of Authorization and the attached “Statutory Declaration” and submit to the College, along with the required documents listed on the second page of the form. Without this Certificate of Authorization, the corporation is not permitted to practise.

NOTE: The “Certificate of Status”, one of the requirements for the “Certificate of Authorization”, must be requested from the Ministry of Government and Services Canada.

For further clarification, you may wish to review the College By-Laws, Part 9, 43.(1) and 43.(1.1)

 

Questions about incorporation?

Associate, Licensure & Professional Corporations
incorporation@cvo.org