MEDICAL CORPORATION RENEWAL

Into everybody’s life, a little red tape must fall. The members of the College of Physicians and Surgeons of Ontario (CPSO) are no exception. In addition to keeping up with the latest advances in medical treatments and managing their practice and patient concerns, doctors have to fulfill the requirements of the CPSO.

For example, physicians who have chosen to establish a corporation for the purposes of practicing medicine are required to apply to the College for a Certificate of Authorization, and to renew that certificate annually. Administering the Statutory Declaration in the annual Medical Corporation Renewal application is just one of the many ways Red Seal Notary can help you.

Annual Renewal of Certificate of Authorization
As previously mentioned, the Certificate of Authorization for Medical Corporations must be renewed each year. While the College does issue reminder notices for this renewal, shareholders in the corporation are responsible for ensuring the validity does not lapse. Renewal applications take approximately six weeks to process, forms must be completed in full for consideration, and any forms that are incomplete or incorrectly filled out will be returned.
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