Скачать или смотреть Incorporation for Physicians and Medical Professionals

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Thinking about incorporating your medical practice? Incorporating as a Medical Professional Corporation (MPC) in Ontario offers unique advantages for physicians. However, it comes with its own set of rules and requirements. This video explains everything you need to know—from setting up your corporation under the Ontario Business Corporations Act (OBCA) to obtaining your Certificate of Authorization from the CPSO.

Learn about critical aspects such as:

a. Shareholding rules: Only CPSO members can hold voting shares, while non-voting shares can go to family members.
b. Name requirements: Your corporation must include "Professional Corporation" and the surname of a CPSO member shareholder.
c. Special clauses: Exclusively practice medicine while also managing surplus income through investments.
d. Liability protections: Incorporation shields your personal assets from business debts but doesn’t protect against professional liability.

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Disclaimer
The contents of this video are provided for general guidance only and are based on information believed to be accurate and complete. However, we cannot guarantee its accuracy or completeness. This video does not provide legal or tax advice, nor should it be relied upon as such. For specific advice tailored to your situation, please consult a qualified tax professional or accountant.

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