Want to Incorporate?
Many physicians incorporate their medical practices for financial and legal reasons. Ensure you are aware of conditions and requirements under the Business Corporations Act and the Health Professions Act (HPA).
As we cannot provide legal advice, we recommend you consult with a lawyer or accountant with expertise in incorporation.
Click on tabs to alternate between how to set up your PC and FAQs:
- Refer to the CPSA Bylaws for information on naming your professional corporation and other requirements for incorporating a medical practice.
- Contact your lawyer or accountant for advice.
- All Articles of Incorporation must be signed by the physician or physicians who are the incorporator(s).
- Submit Articles of Incorporation by email or mail for College endorsement BEFORE submitting them to Alberta Corporate Registry. Allow 5 – 10 business days for processing. All CPSA endorsed articles will be emailed to the requester in Portable Document Format (PDF). This format is accepted by Alberta Registry Offices.
- Once Alberta Corporate Registry has established/continued/amended/amalgamated your professional corporation, submit the following to the College by email ProfessionalCorporations@cpsa.ab.ca or mail:
- Completed Professional Corporation Application (PCA) Form
- Certificate of incorporation/continuation/amendment/amalgamation (as applicable), AND
- Payment for fees owing (amount indicated on the letter sent to you by the College with your endorsed Articles of Incorporation), by cheque or completed Credit Card Payment Form.
- Please note: if sending via email, documents must be a colour scan of the original.
For more information, please refer to:
Retired physicians and medical students are NOT eligible to hold a professional corporation with the College.
Yes. However, you (or your representative) should clarify the specifics regarding citizenship before proceeding. For more information, please refer to Alberta’s Business Corporations Act (Sec 105 (3) and Part 21)
- Only regulated members of the College of Physicians & Surgeons of Alberta can be voting shareholders.
- The spouses, common-law partners, and children of regulated members may be non-voting shareholders. See information sheet.
- Only the incorporator(s), who must be physicians actively registered with this College.
- All incorporating documents must have the original signatures of each incorporating physician.
- The initial registration fee is $525 per physician shareholder (January – December). Pro-rating is not available.
- Professional corporation permits expire December 31 each year. The annual renewal fee is $157.50 per physician shareholder. The online Professional Corporation Information Form is also due December 31 (Renewal notices and a link to the form are sent out in early November).
- Fees are subject to change.
Call Alberta Health at 780-422-1522.
- Please refer to the Names section of the CPSA Bylaws
- Submit a copy of the Articles of Amendment with the original signature(s) of the incorporating physician(s) to the College for endorsement, prior to sending to Alberta Corporate Registry.
- The original Articles of Incorporation must have a provision allowing for more voting and/or non-voting shareholders, or Articles of Amendment must be submitted to the Alberta Corporate Registry.
- All voting shareholders must be physicians actively registered with the College. Non-voting shareholders must meet specific criteria (See information sheet).
- The fee to add a voting shareholder is $157.50 (each).
- To add a shareholder 1) complete and sign a new Professional Corporation Information Form (PCIF), then 2) email completed form to firstname.lastname@example.org.
- Yes, provided you maintain an active Alberta practice permit and registered office address in Alberta where your incorporating documentation is held (e.g., lawyer, accountant). Please update your address using the Professional Corporation Address Change Form
- For more information, see Alberta’s Business Corporations Act.
- Yes, but the professional corporation must meet the College’s requirements and the name must be current.
- Articles of Continuance with original signature of the incorporating physician(s) must be submitted to the College of Physicians & Surgeons of Alberta for endorsement BEFORE submission to the Alberta Corporate Registry.
- For more information, please refer to:
- Alberta Health will be notified of the cancellation of your Professional Corporation permit. Only registered members are allowed to maintain a professional corporation if they continue to pay the permit renewal fees each year. Retired physicians cannot hold a professional corporation permit.
- Although your permit with the College will be cancelled, your professional corporation can continue unimpeded with the Corporate Registry. Please contact your lawyer or accountant for more information.