October 13, 2018June 30, 2019 1 Package Details2 Corporation Name3 Address4 Contact Person5 Incorporator & Director6 Minutebook7 Finalize & Pay Step 1 of 7 - Package Details 14% BC Professional Corporation Package $1399. Corporation Ready in 1 Business Day.Incorporating a professional corporation has never been this much easy. This form is created in a very simple and step by step method. As a customer, all you need to do is, filling in this form and pay. The rest is done by our corporation specialists, lawyers and registry agents.Choose your business professional categoryAccountantsArchitectsEngineers and GeoscientistsLawyersMortgage BrokersRealtorsRegulated health professionsVeterinariansOtherHealh profession sub-categoryChiropractorsDental HygienistsDentistsDenturistsMassage TherapistsPhysiciansOptometristsPharmacists (owning/operating a pharmacy)Physical TherapistsPodiatristsOtherAccounting specific sub-categoreyChartered AccountantsChartered Management AccountantsCertified General AccountantsPackage includes the following services✔ Government fees and agency fees✔ Name approval from BC government in priority queue✔ Professional corporation's article prepared by our lawyer as per rules & regulations of governing body✔ Corporation's Agreement prepared by our lawyer✔ Electronic Minutebook prepared by our lawyer✔ CRA business number set up by our accountant✔ CRA corporate tax ID set up by our accountant✔ Review by specialist to ensure your are doing it correctly✔ Phone and live chat support Corporation NameThe first step is obtaining the professional corporation's name approval from BC government. We can obtain for you or you can upload if you have already obtained it.1.1. Corporation's Name ApprovalObtain name approval for meI have already obtained name approvalA professional corporation's name must end with the phrase 'professional corporation'. Whatever name you choose, please make sure, it ends with 'professional corporation'. If you forget to put it, our specialists will put for you before submission. 1.2. Enter the 1st preferred name1.3. Enter the 2nd preferred name1.4. Enter the 3rd preferred name1.5. Upload Name Approval Documents1.6. If known, write the name of your professional governing body1.7. Major activities of this business?General GuidelinesHow fast can I get documents?A professional corporation can be ready as soon as the name gets approved from BC government and the article is approved by governing body. Based on your selected service queue, our lawyer will prepare the article in accordance with the governing body's rules and regulations. Then article will be given to you to have a look and ensuring the approval from the governing body. Once we get confirmation from you and governing body to proceed, we will register in the queue you selected. Normally, corporation is ready in 1 business day What documents I get?In 1 business day, you will get certificate, article, corporation agreement, minute book, CRA business number and corporate tax ID in email. These documents are sufficient to open bank account. Later, these documents along with other applicable documents will be mailed in expedited shipping. Professional Corporation's Name RulesA name normally can have 3 elements: distinctive element, descriptive element and legal element. The distinctive element is the unique element that distinguishes the name from others. This element can't be common English word. The descriptive element is not mandatory . It can be common words that describe the business. Legal element is fixed and that is 'professional corporation'. An example is "Johnson engineering professional corporation". In this name 'Johnson' is the distinctive/unique element; 'engineering' is the descriptive element, and 'professional corporation' is the legal element. Without descriptive element, it can be Johnson Professional Corporation. Put your proposed name, if this does not meet eligibility, we will contact you.How name approval works?We are an agent of Industry Canada and BC corporation name database. If you buy name approval from us, we do a pre-search first. If pre-search result shows good, we submit name approval. If pre-search result shows conflict, we will request you for alternative name by email, up to 30 names at free of cost.What is professional governing body?A professional corporation is prepared as per rules and regulations of each profession’s governing body. For example, if you are lawyer, then your governing body could be Law Society of BC. If you are an engineer, your governing body is Association of Professional Engineers and Geoscientists of BC. College of Physicians and Surgeons of BC is for physicians and surgeons etc. If you do not know your governing body, you may leave it blank. Corporation Address2.1. Address of the corporation Street Address Suite/Unit City OntarioAlbertaBritish ColumbiaManitobaNew BrunswickNewfoundland and LabradorNorthwest TerritoriesNova ScotiaNunavutOntarioPrince Edward IslandQuebecSaskatchewanYukon Province Postal Code 2.2. Your Records Office Address?Same as Address of the CorporationEnter a New Address2.2. Enter Records Office Address Street Address Suite/Unit City OntarioAlbertaBritish ColumbiaManitobaNew BrunswickNewfoundland and LabradorNorthwest TerritoriesNova ScotiaNunavutOntarioPrince Edward IslandQuebecSaskatchewanYukon Province Postal Code 2.3. Your Mail Delivery AddressSame as Address of the CorporationEnter a new Physical AddressEnter a PO Box address2.3. Enter Mail Delivery Address Street Address Suite/Unit City AlbertaBritish ColumbiaManitobaNew BrunswickNewfoundland and LabradorNorthwest TerritoriesNova ScotiaNunavutOntarioPrince Edward IslandQuebecSaskatchewanYukon Province Postal Code 2.3. Write PO Box AddressGeneral GuidelinesWhat is address of the corporation?It is the location where business is located. It can be a commercial rented place or home address. It can't be a P.O Box, must be a physical address. What is Records Office Address?It is the location where corporation documents and records are kept. It can be a commercial rented place or home address. It can't be a P.O Box, must be a physical address.What is Mail Delivery Address?BC Government gives you an option in case you want all your mails to go to a specific address. This can be a physical address or a P.O Box.Can I change it later?Yes, it can be changed later. In many cases when commercial place is not rented yet, residential address is given. Contact Person3.1. Details of the Contact PersonFirst NameMiddle Name (if any)Last NamePhoneEmail Complete AddressSame as registered addressLet me enter addressEnter complete address Street Address City OntarioAlbertaBritish ColumbiaManitobaNew BrunswickNewfoundland and LabradorNorthwest TerritoriesNova ScotiaNunavutOntarioPrince Edward IslandQuebecSaskatchewanYukon Province Postal Code General GuidelinesWho is contact person?Typically, contact person is the primary owner or the primary director of the corporation. How about doing for a client?If you are doing corporation for a client, you may give here the name of the owner of the corporation. This is for government's records. We don't contact this person, rather we contact the person mentioned in billing. You can write your details in the billing. Incorporator, Director & Officer3.2. Is the 'Contact Person' an Incorporator?Yes, 'Contact Person' is the only Incorporator'Contact Person' is an Incorporator, let's add moreNo, 'Contact Person' is not an Incorporator3.3. Additional Incorporator(s)First NameMiddle NameLast NameFull Address 3.3. Adding Incorporator(s)First NameMiddle NameLast NameFull Address 3.3. Is the 'Contact Person' a Director?Yes, 'Contact Person' is the Only Director'Contact Person' is a Director, let's add moreNo, 'Contact Person' is NOT a Director3.4. Additional Director(s)First NameMiddle NameLast NameFull Address 3.5. Adding Director(s)First NameMiddle NameLast NameFull Address 3.6. Is the 'Contact Person' an officer?Yes, 'Contact Person' is the only officer as of now'Contact Person' is an officer, let's add moreNo, 'Contact Person' is not an officer3.7. 'Contact Person's designation as an officerCEOPresidentVPSecretaryTreasurerAdminAccountantOther3.8. Additional Officer(s)Full NameFull AddressDesignation (CEO/VP) 3.9. Adding Officer(s)Full NameFull AddressDesignation (CEO/VP) General GuidelinesWhat is Incorporator?Incorporator must be one of the owners or shareholders of the corporation. Typically, it's the primary owner of the corporation.What is Director?Director is the overall head of the corporation, typically, all the owners. You can add more than 1 director (up to 10). Each director has equal powerful and access to the corporation. What is an officer?Anybody including an employee can be an officer to the corporation. It's not as important role as of director. Any designation is fine, mostly people choose CEO or President. It's more important for a big corporation. It's changeable later.Can one person hold all roles?Absolutely yes. The same person can be incorporator, director, officer and shareholder. There is no restriction on it. How about foreigner?Foreigners can be Incorporator, director, officer or shareholder. As per BC corporation act, there is NO requirement of citizenship or residency for a BC corporation. Share Structure6.1. Set price of Class A common voting share.6.2. Are you issuing class B common voting share?NoYes6.4. Set price of B common voting share6.3. Are you issuing class C common non-voting share?NoYes6.5. Set price of C common non-voting shareShareholdersTotal how many shareholder(s)?12More Than 2Full NameFull AddressNumber of class A shareNumber of class B shareNumber of class C share6.6. Add all shareholder(s) for class AFull NameAddressNumber of A Shares 6.7. Add all shareholder for class BFull NameAddressNumber of B Shares 6.8. Add all shareholder for class CFull NameAddressNumber of C Shares General GuidelinesWhat price to put for shares?This is just initial set up. It's changeable later when company becomes big. Most people use $1 as initial price. What is class B shares?It's weaker than class A. Most people don't issue it. Some people issue in case they are selling some of their shares to others. What price to put for class B shares?This is just initial set up, any price is good. It's changeable later when company becomes big. Most people put $1 as price. What is class C shares?It's weaker than class A and B. Most people don't issue it. Some people issue in case they are selling some of their shares to others. What price to put for class C shares?This is just initial set up, any price is good. It's changeable later when company becomes big. Most people put $1 as price. What number of share I put?If you are the only shareholder, any number is okay, 100% owned by you. Most people put 1. It's changeable later. If more than one shareholder, put proportionately.How to put share in percentage?Total share is calculated by adding up each shareholder's share number. Example: your share is 60, your spouse's share is 40. Then total shares = 60 + 40 = 100. In this case, you hold 60% and spouse holds 40%. If more than one shareholder and you want to assign in percentage, make total share number as 100. Can I change it later?Yes, share price and share number can be changed any time. Now you are setting up just initial price, any number is okay since you don't know how company will perform. Final Review: check the details carefullyBC Professional Corporation Package Price: $ 1,399.00 CAD {all_fields}CommentsThis field is for validation purposes and should be left unchanged. BC Professional Corporation quantity Proceed to Pay