What happens if I have a Professional Corporation and choose to discontinue my licence or transfer to the Retired List?
• Alberta Health and Wellness will be notified of the cancellation of your Professional Corporation permit. • Notes: • Only registered members are allowed to maintain a Professional Corporation if they continue to pay the permit renewal fees each year. Retiring physicians cannot hold a permit. • Although your professional corporation permit will be cancelled, the corporation itself can continue to function unimpeded with Corporate Registry. Please contact your lawyer or accountant for more information regarding this.
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