Making a change to an existing corporation

Rename a medical corporation

A medical corporation must do the following in order to change its name:

  • ensure the new name complies with the corporate name requirements under the Bylaws
  • deliver to the registrar a completed medical corporation permit application

Application processing fee: C$350 per registrant
Annual permit fee: C$135
Expiry: one fiscal year

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Repurpose a non-medical corporation

An existing non-medical BC company intending to repurpose and become a professional medical corporation must satisfy the following conditions and requirements of the HPA and Bylaws:

  • ensure the (new) name complies with the corporate name requirements under the Bylaws
  • deliver to the registrar a completed medical corporation permit application

Application processing fee: C$350 per registrant
Annual permit fee: C$135
Expiry: one fiscal year

Repurpose with a name change

Repurpose without a name change

Amalgamate

A medical corporation must do the following in order to amalgamate:

  • ensure the new name complies with the corporate name requirements under the Bylaws
  • deliver to the registrar a completed medical corporation permit application

Application processing fee: C$350 per registrant
Annual permit fee: C$135
Expiry: one fiscal year

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Reorganize

In order to reorganize or change the information provided in its initial medical corporation permit application, a medical corporation must:

  • deliver notice to the registrar of the proposed changes in the form of a certificate of solicitor approved by the registrar
  • deliver the revised information required under the Bylaws:
    • a true copy of the Notice of Articles issued to the corporation under the Business Corporations Act
    • the names of each shareholder
    • the number and class of shares held by each shareholder
    • the status of each shareholder as registrant, spouse, child or relative of the registrant holding company or trustee of each shareholder
    • the names of each director and officer

We require originally executed trust undertakings from registrants when

  • shares are currently held in trust and will be continued to be held in trust post-reorganization, or
  • when a new trust is being created.

The College is currently waiving the applicable fees for consents to reorganizations.

Contact the College to discuss reorganization

Join as a voting shareholder

An individual or a holding company intending to join an existing medical corporation as a voting shareholder must do the following:

  • ensure the joining voting shareholder complies with conditions and requirements of the HPA and Bylaws
  • deliver to the registrar a completed medical corporation permit application

Application processing fee: C$350 per registrant
Annual permit fee: waived
Expiry: one fiscal year

Join as an individual

Join as a holding company

Restore following dissolution

A medical corporation must do the following if it is applying for restoration following dissolution under the Business Corporations Act:

  • ensure the new name complies with the corporate name requirements under the Bylaws
  • deliver to the registrar a completed medical corporation permit application

Application processing fee: C$350 per registrant
Annual permit fee: C$135
Expiry: one fiscal year

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Reactivate

A medical corporation must do the following if is applying for reinstatement after the inactivation or revocation of a former permit:

  • ensure the new name complies with the corporate name requirements under the Bylaws
  • deliver to the registrar a completed medical corporation permit application

Application processing fee: C$350 per registrant
Annual permit fee: C$135
Expiry: one fiscal year

Download form

Cease medical services

A medical corporation that ceases to comply with the Bylaws and is no longer providing medical services to the public must:

  • notify the registrar by submitting an Inactive Notification form
  • surrender its medical corporation permit
  • if required by the registrar to change its name, deliver to the registrar a certificate of change of name from the Registrar of Companies

Application processing fee: no fee

Download form

College Bylaws Section 6
Learn more about what is outlined in the College Bylaws regarding professional medical corporations
Looking to incorporate an existing corporation from another jurisdiction?