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Incorporation

Helping Physicians make informed decisions on incorporation every day.

Important notice: Some of the content included on this page may no longer be current due to proposals announced in the 2016 federal budget on March 22, 2016. MD is monitoring these proposals and will update content in due course. To learn how the 2016 federal budget may affect you, please read MD’s budget summary. If you have questions about how you or your financial plan may be affected, please contact your MD Advisor.


Benefits and Opportunities of Physician Incorporation

The opportunity to save tax is certainly attractive, yet it’s necessary to analyze your personal financial situation and consider the risks and rewards before committing to a course of action. Integrate your corporation’s assets within your overall wealth management plan and take full advantage of opportunities to increase your net worth.

Wealth Management Strategies

Most physicians who incorporate their practice do so primarily for the tax advantages. Once the decision to incorporate has been made, however, there are additional strategies that can help you to derive more value from that decision.

Estate Planning for Incorporated Physicians

Incorporation adds a level of complexity to estate planning, so you’ll need to take certain steps to ensure that the Canada Revenue Agency isn’t inadvertently a chief beneficiary of your estate!

Contact an MD Advisor

Talk to an MD Advisor today for all your financial and practice needs.

On-Demand Webinar: Salary Or Dividends?

On-Demand Webinar: Salary Or Dividends?

One of the great things about incorporation is flexibility when it comes to compensation.

Watch now to learn more about your options.

Incorporation Reference Guide

Incorporation Reference Guide

Medical Practice Incorporation
A Reference Guide

This guide reviews the life cycle of an incorporated medical practice, from establishing the corporation to winding it up.

Learn more