The incorporation of a business corporation allows the professional to benefit from several tax benefits, among which in particular:
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A lower tax rate than the one of individuals;
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In some cases, the professional will be able to benefit from the deduction of capital gain in the event of the sale of shares of his business corporation;
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The method of remuneration of the professional also becomes more flexible, whether it is about salary or dividend which will be evaluated according to his needs;
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The choice of the end of fiscal year of the business corporation, contrary to the individual whose fiscal year ends mandatorily on December 31st;
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The detention of the automobile and the life insurance policies by the business corporation is also possible;
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The establishment of an individual retirement plan;
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The reduction without tax of the fiscal cost of certain assets transferred by the professional to the business corporation, in particular an immovable property, equipment and goodwill.