Cpso corporation renewal 2025

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If you have any questions or need assistance, please email membership@cpso.on.ca, or call 416-967-2673 or 1-800-268-7096, ext. 673.
Incorporation of your professional services allows you to reduce your overall tax bill. Your corporation is taxed at 12.2% (2024) on the first $500,000 of active business income versus your current marginal tax rate of 53% (the highest Ontario marginal tax rate for personal income as of 2024).
Steps to Setting Up a Medical Clinic in Ontario Develop a Business Plan. Choose a Suitable Location. Incorporate Your Business. Obtain Necessary Licenses and Permits. Set Up Clinic Infrastructure. Hire Qualified Staff. Ensure Regulatory Compliance. Marketing and Patient Acquisition.
Many people may be unaware that in Canada, doctors have the right to refuse to provide legal and necessary treatments based on their personal or religious beliefs. Further, doctors usually dont even have to refer patients to someone who can provide the objected-to service.
College of Physicians and Surgeons of Ontario (CPSO) regulates the practice of medicine in Ontario.
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The corporations name is usually required to contain the professionals legal name, the professional being practiced (i.e., law, dentistry or medicine) and the words Professional Corporation. For professionals seeking to operate their business under a different practice name may be required to file a business name

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