OT- Contractor

[CLIFFORD ILKAY]

On 06/21/2010 11:33 AM, Renata Rocha wrote:
> I'd like to know the details on how to start to work as a contractor
> for the IT industry - if it's possible to do this FAST and FURIOUS.
> I've been told you just need to go to a website, but nobody never gave
> me the details. If one of you contractors can send me a howto on this,
> I'd be very very thankful. I'll be offering a beer on the next
> meeting.

Hi Renata,

Having just had this conversation with someone who is new to 
contracting, the following is close to a copy/paste from that conversation.

There is no requirement for you to be incorporated from the outset. You 
could choose to operate a sole proprietorship. That choice is best 
discussed with your accountant. See this for an article on the subject: 
<http://www.lbwlawyers.com/publications/soleproprietorshipvsincorporation.php>.

If you're going to register a sole proprietorship, see this: 
<https://www.services.gov.on.ca/services/searchServices.do?action=service_details&id=11595&locale=EN>.

Information about registering for the GST/HST: 
<http://www.gst-tax.com/GST/Do_I_need_to_Register_for_GST.htm>.

You must understand the legalities of being a contractor vs. being an 
employee. See this: <http://www.cra-arc.gc.ca/E/pub/tg/rc4110/README.html>.
-- 
Regards,

Clifford Ilkay
Dinamis
1419-3266 Yonge St.
Toronto, ON
Canada  M4N 3P6

<http://dinamis.com>
+1 416-410-3326
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