Incorporation


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incan   
Member since: Aug 07
Posts: 15
Location:

Post ID: #PID Posted on: 03-06-08 12:55:02

Hi,

I've come to Canada just before few months and I've taken a contract job in IT. Currently I'm on the agency's payroll, and end up paying higher tax.

Could anybody please suggest me some name of a reliable Tax Consultant who is into Incorporation.

Thanks

incan



JRF   
Member since: Jul 04
Posts: 1853
Location: GTA, Ontario

Post ID: #PID Posted on: 03-06-08 18:27:44

-----------------------------------------------------------------
The cowards never started,
The weak died on the way,
Only the strong arrived.
http://www.youtube.com/watch?v=_yK1i9cLAMM


Iknownothing   
Member since: Jan 08
Posts: 429
Location: Ohio

Post ID: #PID Posted on: 04-06-08 01:44:42

Quote:
Originally posted by JRF

Here is your answer.

http://canadiandesi.ca/read.php?TID=15382



To cut the long chase....just go to this link.... http://www.cra-arc.gc.ca/tax/business/sme/setting/menu-e.html

It takes exactly $220 to incorporate a business in ON..and take less than 24 hours.

Cheers!



taker   
Member since: Nov 06
Posts: 115
Location: AB

Post ID: #PID Posted on: 04-06-08 14:11:02

Quote:
Originally posted by incan

Hi,

I've come to Canada just before few months and I've taken a contract job in IT. Currently I'm on the agency's payroll, and end up paying higher tax.

Could anybody please suggest me some name of a reliable Tax Consultant who is into Incorporation.

Thanks

incan



Hi,

I am also confused as I am working in contract IT job since a year and my consultant (Placement agency) told me to become an Incorporate.

But I am not interested to be Incorporate.

You can save CPP and EI from your income, but the other side if you do not have job in future, you cannot claim for EI.

So you need to study the pros and cons.

If anybody here is an Incorporated can help you out.

- Taker



Fido   
Member since: Aug 06
Posts: 5286
Location: Canada

Post ID: #PID Posted on: 04-06-08 15:37:59

Please browse 'incorporation' in 'jobs' section - You will find lots of post on this and you might have most of your qs already answered . I found 'business startup' thread also quite valuable ... look down... it may still be there .


-----------------------------------------------------------------
Fido.


incan   
Member since: Aug 07
Posts: 15
Location:

Post ID: #PID Posted on: 04-06-08 16:00:51

Thank you all,

For your prompt replies and sending me the links. I'd already gone through those threads and decided to get incorporated. Just that I wanted a realiable Tax Consultant's name as I was doing it for the first time and am new to the country.

It will be of great help if someone can send me a personal message for the Tax consultant's name and phone number.

Thanks

incan





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