ALBERTA PROFESSIONAL CORPORATION COSTS

Flat fee rate break-down for an experienced corporate lawyer to prepare and incorporate your Alberta professional corporation.

Contact Neufeld Legal PC at 403-400-4092 or Chris@NeufeldLegal.com

Incorporating a professional corporation involves numerous additional steps, including approval from the regulated profession's regulatory body and very specific inclusions in the articles of incorporation. As such, the base rate for incorporating a professional corporation is slightly higher than that of a regular corporation, with additional time and/or expenses incurred beyond the typical incorporation process potentially further increasing its cost. Our basic rate legal fees for an Alberta professional corporation starts at a mere $795.00, nevertheless as you can well note from the following charts there are considerable additional charges that must be paid in the process.

Alberta Professional Corporation Cost approximates:

  $275.00 

Provincial Charge for Incorporation

  $99.95 

Electronic Incorporation Filing Charge

  $74.95 

NUANS Name Reservation [one]

  $795.00 

Legal Fees Specific to Base Incorporation (basic package includes: drafting of articles of incorporation, preparation of by-laws, incorporation resolutions, registers and ledgers, reporting letter) + * ^ for additional legal work see below

  $15.00 

Share Certificates (further corporate supplies are available at additional cost, i.e. corporate seal, minute book binder)

  $19.50 

Disbursements and Other Charges (low approximation, i.e. postage, printing, copies; whereas such things as couriers represent further charges)

  varies 

Regulated Profession's PC Registration Fees (i.e., medical: registration $525, renewal $210; dental: registration $400, renewal $100; accountant: registration $325.50, renewal $215.25)

  $50.22

Taxes (unavoidable, where applicable)

 $1,329.62+

BASE INCORPORATION COST + Regulated Profession's PC Registration Fees (i.e., medical: add $525; dental: add $500; accountant: add $325.50)

+ Beyond the base incorporation are such matters as licensing, foreign registrations, unanimous shareholder agreements, legal consultations, amongst a range of contracts and legal advice. There are a range other costs that will also be potentially incurred, including annual renewals, registered office services, etc.

* Standard hourly legal rate of lawyer Christopher Neufeld for work beyond the base incorporation work is $400 per hour, plus applicable taxes, disbursements and other charges.

Note prices are subject to change, together with being dependent upon additional work that needs to be undertaken.

When you incorporate a professional corporation with our law firm, you will benefit from the professional services of an experienced corporate lawyer who understands the importance of devising the appropriate corporate structure for your business operations, on a cost-effective basis. So if you are looking to incorporate a new professional corporation or deal with the corporate legalities impacting your professional corporation, contact us at 403-400-4092 or via email at Chris@NeufeldLegal.com.

^ Please note that the flat rates associated with a standard incorporation are strictly limited to a basic professional corporation and does not involve other matters that might be corrollary to the incorporation process or might be atypical for a standard incorporation, including but not limited to related legal or tax advice, engagement with other governmental bodies, licensing, drafting of pertinent business contracts (i.e., shareholders' agreements), negotiations, disputes, financing, coordination with other companies or other legal structuring.

 

What is the Difference between Corporation and Incorporation

 

MORE INCORPORATION & CORPORATE TOPICS:

 

What is a Corporation? What are the characteristics associated with the formation of a business entity known as a corporation, and how is it distinguishable from other business structures, such as sole propreitorships, partnerships, joint ventures, trusts. Read more ...

 

What is Incorporation? Understanding the basic fundamentals of incorporation will shed considerable light upon the function and operation of a company / corporation and its distinct nature as its own separate legal person. Read more ...

 

Incorporation Costs Explained. To better understand what is involved with the incorporation of a company, we have broken down the associated costs, including the differences between named and numbered companies, and using a lawyer and doing it yourself. Read more ...

 

What is a Professional Corporation? Professionals seeking to optimize their business operations through corporate structuring and the potential tax advantages that it can provide, need to look at the advantages available through the incorporation of one's professional practice as a professional corporation. Read more ...

 

Incorporating your Dental Practice. As a dentist, taking your dental practice to the next phase of your professional career frequently involves incorporation, whether this entails the incorporation of a dentist’s professional corporation or further incorporations thereafter. Read more ...