Suggestion to open a company for consulting


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rahul2000   
Member since: Jan 05
Posts: 3
Location:

Post ID: #PID Posted on: 17-02-06 16:46:17

Hi,

I am planning to open a consulting company so that i should be able to sign contracts with the US companies to do IT work. I was looking what kind of company or Inc i have to register. Will anyone here guide me to findout the best way.

Thanks



lana2005   
Member since: Feb 06
Posts: 545
Location: Toronto

Post ID: #PID Posted on: 17-02-06 16:57:24

Are you planning to employ people to work for you or will you be working as independant contractor?



rahul2000   
Member since: Jan 05
Posts: 3
Location:

Post ID: #PID Posted on: 17-02-06 17:23:19

Quote:
Orginally posted by lana2005

Are you planning to employ people to work for you or will you be working as independant contractor?




Initially i will be the employee, if i get more work then i will be hiring. But that maynot happen in 2006, may be after 1 year or so.
But def i would like to keep an option to hire someone in case there is a urgent requirement.



vikasrambani   
Member since: Feb 06
Posts: 3
Location: toronto GTA

Post ID: #PID Posted on: 18-02-06 16:25:23

for this you have to hire a accountant. it depends upon you weather you want to open a numbered or named company .and there are two types of companies 1) fedral 2)provencial . fee for fedral is 200 $ and provencial 300$.name search 20 $ and accountants fee is extra.so contact to some accountant.if need any help write me at



lana2005   
Member since: Feb 06
Posts: 545
Location: Toronto

Post ID: #PID Posted on: 18-02-06 17:49:36

If you are working as an independant contractor, you can open a company with GST no on the web. I had done it in 2002. However, once you start employing others I am not sure if that is going to work.



telkikar   
Member since: Jul 05
Posts: 36
Location:

Post ID: #PID Posted on: 07-04-06 18:33:41

Hi lana2005,
I am planning to work as independant contractor for US based company.Can I still open a company with GST no?
If yes then please send me link for it.

Nilesh



lana2005   
Member since: Feb 06
Posts: 545
Location: Toronto

Post ID: #PID Posted on: 07-04-06 21:06:35

i donot remember the link now but try to log onto any govt website preferably Canada Revenue & Customs Agency website and search. Or alternatively google it.





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