Calgary Incorporation

Neufeld Legal P.C.   403-400-4092   Chris@NeufeldLegal.com

 
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Significant Aspects

Business Incorporation

Base Costs

Benefits of Incorporation

Incorporating Correctly

Single Shareholder

Multiple Shareholders

Shareholders Agreement

Officers / Directors

Professional Corporations

Foreign Companies

Corporate Amendments

Corporate Amalgamation

Annual Upkeep

Registered Office

Start-Up Package

PROFESSIONAL CORPORATIONS

Professionals seeking to optimize their business operations through corporate structuring and the potential tax advantages that it can provide, need to look at the advantages available through the incorporation of one's professional practice as a Professional Corporation. A professional corporation is a legal construct, much in the way of other commercial companies, though having specific restrictions and obligations as a result of being regulated by the governing professional body, and in turn the provincial statute that has been enacted to permit the profession to structure its business operations into a professional corporation.

So what are the advantages available through a professional corporation. Potential advantages include: reduced corporate tax rates, ability to claim small business deduction, preferred capital gains tax treatment on the disposition of corporate shares including use of life time capital gains exemption, allowing family members to hold non-voting shares so as to facilitate income splitting, and tax deferral opportunities.

At Neufeld Legal P.C., we have the experience and insight to assist you in structuring your professional practice as a Professional Corporation, whether you are a doctor / physician, dentist, veterinarian, chiropractor, physical therapist, optometrist, accountant, engineer, architect or lawyer. Contact us at 403-400-4092 or via email Chris@NeufeldLegal.com.



Please be advised that incorporating one's business can be an effective legal structure, nevertheless there are significant demands and responsibilites associated with an incorporated company, with taxes, creditors and third-party liability being high on the list, and should not be underestimated (in addition to the limitations of limited liability, in particular as it relates to signing contracts, especially when this includes guarantees or indemnifications). For more information about our business law practice and to review our professional standards of legal practice, disclaimer and privacy policy, visit the main website of Neufeld Legal P.C. (144 4th Avenue SW, Suite 1600, Calgary, Alberta) at www.NeufeldLegal.com. For a more extensive analysis of legal matters pertaining to incorporations, visit our primary website on the topic - www.lawyerincorporation.com. Disclaimer. Privacy. Cookies. 2016.