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CERTIFICATE OF AUTHORIZATION for a CORPORATION TO PRACTISE MEDICINE 80 College St., Toronto, Ontario M5G 2E2 Telephone: 416-967-2673 or 1-800-268-7096 Email: corporations cpso.on.ca Application Package.

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As a physician, you'll typically have a heavy tax burden that could make it more difficult to reach your long-term financial goals. Incorporating your medical practice can help you defer some of your immediate tax burden and thus speed up your retirement savings.

You may obtain a new Corporation Profile Report by: Contact the Ministry directly at: Ministry of Government Services, Companies and Personal Property Security Branch, 375 University Avenue, 2nd Floor, Toronto, M5G 2M2 | Tel: 416-314-8880 or 1-800-361-3223.

Physicians may conduct their practice under the structure of a corporation they own. Following incorporation, an authorisation from the College of Physicians of Quebec (hereinafter “College”) must be obtained.

You must be a registered member of CPSO at the time of submission. You must complete the application form in the Member Portal, available via the “Corporations” tab in the “Profile” section. You must pay the application fee of $400.

An Ontario Professional Incorporation is specifically designed for those who hold a professional designation, such as Physicians, Lawyers, Accountants, Chiropractors, Engineers, etc. within the Province of Ontario.

Incorporation can offer a way to manage your income stream, increase your wealth and help you save money through tax deferral, which is why many self-employed physicians in Canada opt to incorporate. Not every physician will make this choice, however — and of those who do, not all will make it right now.

Each voting share of the Medicine Professional Corporation must be owned by a member of the College of Physicians and Surgeons of Ontario. Each non-voting share of the Medicine Professional Corporation may be owned by a family member of the physician. A family member only includes children, spouses and parents.

CPSO issues certificates of registration to physicians, allowing them to practise medicine in Ontario. All practising doctors in the province must be members of the College. When you seek licensure, our staff assesses your application to ensure you've met all credentialing requirements.

Assessment of Your Application Wait time between receipt of an application and completion of initial assessment is typically 3 to 5 weeks – 3 weeks for non-Registration Committee cases and 5 weeks for Registration Committee cases.

In Ontario, medical professionals, such as physicians and dentists, have the option of incorporating their practice as a special type of corporation known as a Medical Professional Corporation (MPC.)

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
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Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232