Incorporation Made Simple

Launching a business shouldn’t be complicated. At MedTax.ca, we understand this challenge, which is why we’ve meticulously streamlined the incorporation process. From your initial consultation to the final paperwork, we handle everything efficiently, allowing you to concentrate on what truly matters—your medical practice.

Incorporation Made Simple

Launching a business shouldn’t be complicated. At MedTax.ca, we understand this challenge, which is why we’ve meticulously streamlined the incorporation process. From your initial consultation to the final paperwork, we handle everything efficiently, allowing you to concentrate on what truly matters—your medical practice.

Why Choose MedTax for Your Incorporation Services?

We ensure simplicity, efficiency, and expert management of your medical practice’s financial health, allowing you to focus unwaveringly on your patients.

Why Choose MedTax for Your Incorporation Services?

We ensure simplicity, efficiency, and expert management of your medical practice’s financial health, allowing you to focus unwaveringly on your patients.

Ontario Incorporation in 7 days flat!

MedTax makes incorporation effortless.
Just fill out a simple form, and we’ll take care of the rest.

Please note: We do not currently provide incorporation services in British Columbia, Alberta, or Saskatchewan.

Based outside Ontario?
We also serve several other provinces.

Start Incorporating Today!

Day 1

Meeting with MedTax to review tax benefits of incorporating your practice

Day 2

You complete the Memo of Incorporation and return it to MedTax

  • Information required:
    • Preferred name for your corporation
    • Address to use for the corporation
    • Name(s) of director(s) and officers
    • Name(s) of shareholders
    • CPSO number
Day 3

MedTax files Articles of Incorporation

    • The following are emailed to you (in PDF format):
      • Certificate of Incorporation
      • Articles of Incorporation
      • Initial Return
      • Profile Report
      • Ministry of Health forms to redirect payments to your new business bank account
      • MedTax Memo: Incorporation Next Steps
      • MedTax Memo: CPSO Certificate of Authorization Application Process
  • You apply for CPSO’s Certificate of Authorization for your new MPC
    • The application fee is $400 paid to CPSO
Day 4

You open business bank accounts for your new corporation

    • A recommended bank structure is included in the MedTax Memo: Incorporation Next Steps
Day 7
  • MedTax prepares the (physical) Minute Book including:
    • By-laws
    • Organizing resolutions
    • Registers and ledgers
    • Share certificates
    • Corporate seal

Day 7 – Incorporated!

Value-Added Services MedTax Provides as your Accounting Team

  • Review expenses to transfer to your corporation for tax-efficient cash flow
  • Tax advice to achieve maximum savings
  • Phone, text and email support are a click away

Choosing a Corporate Name:

  • Choose a name that complies with the regulations of the College of Physicians and Surgeons of Ontario (CPSO) and the Business Corporations Act.

Preparing Incorporation Documents:

  • Prepare and file the Articles of Incorporation, along with any other required documents, with the Ontario Ministry of Government and Consumer Services.

Ensuring Shareholder Eligibility:

  • Ensure all shareholders are members of the CPSO and hold a valid certificate of registration.

Registering with the CPSO:

  • Register the professional corporation with the CPSO and obtain a Certificate of Authorization.

Maintaining Professional Liability Insurance:

  • Ensure all physicians associated with the corporation have adequate professional liability protection.

Complying with Advertising Regulations:

  • Adhere to the CPSO’s guidelines and bylaws regarding advertising and marketing for professional corporations.

Paying Annual Fees:

  • Pay the required annual fees to the CPSO: $400 for the Certificate of Authorization application fee and $175 for the annual renewal fee​​.
  • Renew the Certificate of Authorization annually.

Keeping Accurate Records:

  • Maintain up-to-date corporate records, including financial statements, shareholder agreements, and minutes of meetings.

Forms and Documentation:

  • Articles of Incorporation: Prepare and file with the Ontario Ministry of Government and Consumer Services.
  • Certificate of Authorization Application: Submit to the College of Physicians and Surgeons of Ontario (CPSO) for approval.
  • Compliance Documentation: Maintain records of compliance with provincial laws and CPSO regulations.
  • Annual Renewal: Ensure timely submission of renewal forms and fees to the CPSO to maintain the Certificate of Authorization.

Reviewing Tax Strategies Annually: 

  • Work with tax professionals to review and update tax strategies in line with changing tax laws and personal circumstances.

Need Assistance?

At MedTax.ca, we specialize in providing tax services exclusively to medical professionals in Canada. With our expertise, we can guide you through every step of the incorporation process in Ontario, ensuring that you meet all legal and professional obligations while optimizing your tax benefits.

Contact us here for a free consultation and let’s simplify your medical practice incorporation journey.

Incorporation Ontario in 7 days flat!

MedTax makes incorporation effortless.
Just fill out a simple form, and we’ll take care of the rest.

Please note: We do not currently provide incorporation services in British Columbia, Alberta, or Saskatchewan.

Based outside Ontario?
We also serve several other provinces.

Day 1

Meeting with MedTax to review tax benefits of incorporating your practice

Day 2

You complete the Memo of Incorporation and return it to MedTax

  • Information required:
    • Preferred name for your corporation
    • Address to use for the corporation
    • Name(s) of director(s) and officers
    • Name(s) of shareholders
    • CPSO number
Day 3

MedTax files Articles of Incorporation

    • The following are emailed to you (in PDF format):
      • Certificate of Incorporation
      • Articles of Incorporation
      • Initial Return
      • Profile Report
      • Ministry of Health forms to redirect payments to your new business bank account
      • MedTax Memo: Incorporation Next Steps
      • MedTax Memo: CPSO Certificate of Authorization Application Process
  • You apply for CPSO’s Certificate of Authorization for your new MPC
    • The application fee is $400 paid to CPSO
Day 4

You open business bank accounts for your new corporation

    • A recommended bank structure is included in the MedTax Memo: Incorporation Next Steps
Day 7
  • MedTax prepares the (physical) Minute Book including:
    • By-laws
    • Organizing resolutions
    • Registers and ledgers
    • Share certificates
    • Corporate seal

Day 7 – Incorporated!

Value-Added Services MedTax Provides as your Accounting Team

  • Review expenses to transfer to your corporation for tax-efficient cash flow
  • Tax advice to achieve maximum savings
  • Phone, text and email support are a click away

Choosing a Corporate Name:

  • Choose a name that complies with the regulations of the College of Physicians and Surgeons of Ontario (CPSO) and the Business Corporations Act.

Preparing Incorporation Documents:

  • Prepare and file the Articles of Incorporation, along with any other required documents, with the Ontario Ministry of Government and Consumer Services.

Ensuring Shareholder Eligibility:

  • Ensure all shareholders are members of the CPSO and hold a valid certificate of registration.

Registering with the CPSO:

  • Register the professional corporation with the CPSO and obtain a Certificate of Authorization.

Maintaining Professional Liability Insurance:

  • Ensure all physicians associated with the corporation have adequate professional liability protection.

Complying with Advertising Regulations:

  • Adhere to the CPSO’s guidelines and bylaws regarding advertising and marketing for professional corporations.

Paying Annual Fees:

  • Pay the required annual fees to the CPSO: $400 for the Certificate of Authorization application fee and $175 for the annual renewal fee​​.
  • Renew the Certificate of Authorization annually.

Keeping Accurate Records:

  • Maintain up-to-date corporate records, including financial statements, shareholder agreements, and minutes of meetings.

Forms and Documentation:

  • Articles of Incorporation: Prepare and file with the Ontario Ministry of Government and Consumer Services.
  • Certificate of Authorization Application: Submit to the College of Physicians and Surgeons of Ontario (CPSO) for approval.
  • Compliance Documentation: Maintain records of compliance with provincial laws and CPSO regulations.
  • Annual Renewal: Ensure timely submission of renewal forms and fees to the CPSO to maintain the Certificate of Authorization.

Reviewing Tax Strategies Annually: 

  • Work with tax professionals to review and update tax strategies in line with changing tax laws and personal circumstances.

Need Assistance?

At MedTax.ca, we specialize in providing tax services exclusively to medical professionals in Canada. With our expertise, we can guide you through every step of the incorporation process in Ontario, ensuring that you meet all legal and professional obligations while optimizing your tax benefits.

Contact us here for a free consultation and let’s simplify your medical practice incorporation journey.

**Please note that we do not provide incorporation services in British Columbia, Alberta and Saskatchewan.

Pricing

$1,650+ TAX

Medical Practice Incorporation

Discover the advantages of incorporation.

Tax savings is one of the biggest advantages of incorporating your medical practice. We carefully evaluate the many planning options that exist. Incorporate with us and we’ll have your Medical Practice Clinic up and running and saving taxes in 7 days flat.

Unlock The Benefits of Incorporating Your Medical Practice Clinic

Use this form to book your free 15-minute consultation with MedTax.ca today!


Unlock The Benefits
of Incorporating Your Medical Practice Clinic

Use this form to book your free 15-minute consultation with MedTax.ca today!


“Alex and his team are very knowledgeable, enthusiastic and diligent in their services.

I would recommend him and his team to any doctor looking for an accountant. They respond quickly, always takes time to answer all my questions, and are extremely knowledgeable about the tax specifics and implications for doctors. I trust that they have the most up-to-date information available and that they care for my best interests financially. Thank you Alex!”

Dr. Christal Zhou

Physician

MedTax.ca Is the Top Choice for Canadian Doctors

MedTax.ca Is the Top Choice for Canadian Doctors

Are you already Incorporated?

We provide in-depth tax planning and tax strategies for incorporated physicians.

Are you already incorporated?

We provide in-depth tax planning and tax strategies for incorporated physicians.