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The
agreement can be used when your business wishes to engage the services of a
corporate contractor who will engage an individual person to perform the
contracted services.
If you
wish to engage a contractor who is not a corporate entity (for example, a sole
trader, partnership etc or the corporate contractor will be engaging another
corporation (rather than an individual person) to perform the contract
services, the agreement will need to be amended. There are greater legal risks
in contracting with non-corporate entities. As such, you should obtain specific
legal advice from your accountant in relation to your specific requirements.
An
independent contractor is a person (e.g. a sole trader or partnership) or
entity (e.g. a corporation) conducting a business or undertaking. An
independent contractor will be engaged to perform work under a contract for
service.
Typically,
independent contractors are engaged to achieve a specific result for a customer
or client, as opposed to providing their labour to enable the principal to
achieve a result. Independent contractors retain substantial control and
direction over the work.
Filed under
(ex. GST)
Member $0, Non-Member $110