KCPA can help you setup a professional corporation by accomplishing the following:
- Obtaining the relevant facts and information
- Guidance and coordinating the share structure with legal counsel to accommodate non-voting shareholders for income splitting
- Coordinating the compilation of the initial documents with a lawyer or registry agent for endorsement by your College or Association (e.g. College of Physicians and Surgeons of Alberta)
- Post-incorporation advisory where the administrative matters in operating a corporation are presented to you.
- Referral to appropriate legal counsel to maintain your corporation on the Alberta Corporate Registry.
Once your professional corporation is setup, KCPA can assist you by taking care of the accounting and tax filing obligations as noted below:
Corporate Tax Returns & Planning
We work with you to ensure these are prepared accurately, and that they are filed on time. If you're looking for more information, learn more here.
Accounting & Bookkeeping
We also complete this for your professional corporation, so it’s one less thing to worry about. If you're looking for more information, learn more here.
Personal Tax Returns
When we prepare your personal tax returns, you get full advantage of tax credits and deductions that are readily available to you. If you're looking for more information, learn more here.
Outsourcing Payroll
We'll help streamline your payroll, and you'll save time, money, and reduce audit risk from the CRA. We do this by connecting you with an online platform for your payroll needs. If you're looking for more information, learn more here.
Articles that might be helpful:
If you’re interested in getting a more detailed understanding of professional corporations, read the following articles — authored by Hussein Kanani, CPA, CA.
Medical Professionals
Benefits of a Professional Corporation
Tax Deferral of $30,000/year
Dental Professionals
Benefits of a Professional Corporation
Tax Deferral of $36,000/year