Medical Practice Incorporation

September 6, 2019

Thinking of incorporating your medical practice?

When you incorporate, you become a shareholder (and director or an employee) of the corporation.

Here’s why you might want to give incorporation some thought:

  • May increase wealth.
  • It can speed up your retirement savings.
  • Defer immediate tax burden.

Your medical professional corporation:

  • It is separate from you, the physician
  • It files its own taxes
  • It is a legal entity

Learn more about incorporation at md.ca

Previous Article
Boost your credit score: A primer for your medical career
Boost your credit score: A primer for your medical career

Steps you can take to establish and maintain a good credit score

Next Article
How to plan for a sabbatical
How to plan for a sabbatical

Tips for doctors who are considering taking a sabbatical to combat burnout or to learn new skills.