Medical Tax Incorporation…the MedTax way.

Get a free quote to incorporate your MPC.


Medical Tax Incorporation…the MedTax way.

Get a free quote to incorporate your MPC.


Incorporate in 21 days flat!

MedTax takes care of everything. All you need to do is meet with us and fill out a form. We’ll do the rest.

Start Incorporating Today!

Day 13

Register MPC* with CPSO

* The fee to register your MPC is $400

Day 14

Sending form outlining expenses to move to MPC & recommended banking structure

Day 1

Client meeting to collect information

Day 2

You complete the incorporation memorandum and return it to MedTax.ca.


Information we will require from you:

  • Preferred name for MPC
  • Address
  • Name of directors/officers
  • Type of medicine practiced
  • Details of family members that will be shareholders
  • CPSO Number
  • Practising hospital address(es)
Day 10

Preparation of documents & minute book

 

  • Search and reserve corporate name
  • Personalized by-laws
  • Organizational resolutions
  • Personalized registers & ledgers
  • Corporate organization
  • Corporate share certificates
  • Corporate seal

Day 21 – Incorporated!

Value Added Services We Provide

  • Review expenses to transfer to corporation for tax efficient cash flow
  • Tax advice for more efficient results
  • Phone/text & email support is always 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.

Choosing a Corporate Name:

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

Preparation for Incorporation:

  • Draft the Articles of Incorporation in accordance with the requirements outlined by the CPSA and the Business Corporations Act.
  • Engage legal advice as necessary to ensure the articles are drafted correctly.

Submission to CPSA:

  • Submit your Articles of Incorporation to CPSA for endorsement.
  • Obtain endorsed Articles of Incorporation in PDF format via email within about 5-10 business days.

Submission to Alberta Corporate Registry:

  • Submit the CPSA-endorsed Articles of Incorporation to the Alberta Corporate Registry. PDF submissions are accepted.

Register Your PC with CPSA:

  • Request your certificate of incorporation, continuation, amendment, or amalgamation from the Alberta Corporate Registry.
  • Complete the CPSA PC application, attaching a PDF of your certificate(s) and completing the payment process. Cost: $525 per physician shareholder initially, and $210 per physician shareholder for annual renewals.

Maintaining Professional Liability Insurance:

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

Adding Shareholders or Updating PC Information:

  • Add shareholders (if allowed by the original Articles of Incorporation) or submit an amendment to the Alberta Corporate Registry before registering additional physician shareholders with CPSA. Cost: $210 per shareholder for PC registration.

Forms and Documentation:

  • Articles of Incorporation: Prepare and submit to the College of Physicians & Surgeons of Alberta (CPSA) for endorsement.
  • Alberta Corporate Registry Submission: Submit CPSA-endorsed Articles of Incorporation to the Alberta Corporate Registry.
  • CPSA Professional Corporation (PC) Application: Complete and submit along with the required fees.
  • Annual Renewal: Ensure timely submission of renewal forms and fees to CPSA to maintain your Professional Corporation registration.

Keeping Accurate Records:

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

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 Alberta, 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.

Choose a Suitable Corporate Name:

  • Choose a name that complies with the regulations of the College of Physicians & Surgeons of Saskatchewan (CPSS) and the Business Corporations Act.
  • The name should reflect the medical practice and include “Professional Corporation” or an approved abbreviation.

Prepare and File Incorporating Documents:

  • Prepare and submit necessary documents like the Articles of Incorporation to the Corporations Branch of the Province of Saskatchewan.
  • The professional corporation must adhere to The Business Corporations Act of Saskatchewan.

Ensure All Directors and Voting Shareholders Are College Members:

  • All directors and holders of voting shares must be members of the College.

Register the Professional Corporation:

  • Ensure registration with the College of Physicians and Surgeons of Saskatchewan.

Physician Registration:

  • All physicians practising through the corporation should be registered under The Medical Profession Act, 1981.

Maintaining Professional Liability Insurance:

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

Maintain Documentation:

  • Articles of Incorporation: Prepare and file with the Corporations Branch of the Province of Saskatchewan.
  • Permit Application: Submit to the College of Physicians and Surgeons of Saskatchewan for a professional corporation permit.
  • Compliance Documentation: Maintain records of compliance with provincial laws and regulations, including liability insurance and advertising regulations.
  • Annual Renewal: Ensure timely submission of renewal forms and fees to the College by November 30 each year.

Keeping Accurate Records:

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

Comply with Advertising Regulations:

  • Abide by the College’s bylaws regarding advertising by professional corporations.

Pay Annual Fees and Renew the Permit:

  • Initial Registration: $350
  • Initial Permit Fee: $150
  • Annual Renewal Fee: $150 (due on or before November 30)

Ensure Correct Contact Information:

  • Keep up-to-date contact information and mailing address with the College.

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 Saskatchewan, 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.