Medical Practice Incorporation

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