Professional corporations 

Why create and register a professional corporation?

Professional corporations can provide significant financial benefits to professionals, especially as related to tax planning and succession planning. We highly recommend seeking assistance from an accountant or lawyer to determine if  creating a professional corporation will benefit you.

How do I register a new professional corporation?

It is first necessary to create a professional corporation with your lawyer or accountant, in concert with endorsement of the articles of incorporation by the ACAC.

To create and register for a professional corporation, please download the procedure package and follow the instructions.

Deregister a professional corporation

To deregister a professional corporation, you can submit the professional corporation deregistration application form and the ACAC will deactivate your professional corporation. Please be sure of this step before submitting the application.

 

How do I make an amendment to my professional corporation?

Please contact the ACAC office to request the appropriate Amendment Procedure Guide.

How do I renew my professional corporation?

To renew the permit for your professional corporation:

  1. Log into your profile on albertachiro.com
  2. Click on the Prof Corp Renewal tab and complete the online form
  3. Pay the $100 permit renewal fee with Visa or MasterCard as the final step on your online form (or select the option to pay by cheque/money order).

When do I need to renew my professional corporation permit?

ACAC professional corporation permits expire annually on September 30. Notice of renewal will be sent via email each year to the director of the corporation. The ACAC will notify Corporate Registry if your professional corporation is not renewed, as it will no longer be deemed valid.

Inactive/unused professional corporations

If you no longer use or require a professional corporation, you can submit the professional corporation deregistration application form and the ACAC will deactivate your professional corporation. Please be sure of this step before submitting the application.