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Streyken · 3rd March 2008, 07:48 PM

Arizona Kenn, I suspect it's very different from area to area. Here, being incorporated doesn't necessarily protect you or your assets; my accountant was the one who brought this to my attention and my lawyer confirmed it, otherwise I would be incorporated regardless of the cost. Plus, here it is mandatory to carry Workers' Compensation (WorkSafeBC.com - Home) I'm currently paying just over 10% on gross wages. Medical is basically free here, and is also mandatory to pay into.

WCB is totally separate from liability insurance. I carry 5mil liability in case I hit a house or injure an innocent bystander. This is also why it's wise to have your company's Health and Safety Program and Operational Procedures Manual in order.

3rd March 2008, 07:48 PM	#14 (permalink)
Streyken Semi-mature vigorous tree Join Date: Apr 2007 Location: Vancouver, BC Posts: 179	Re: Type of buisness Arizona Kenn, I suspect it's very different from area to area. Here, being incorporated doesn't necessarily protect you or your assets; my accountant was the one who brought this to my attention and my lawyer confirmed it, otherwise I would be incorporated regardless of the cost. Plus, here it is mandatory to carry Workers' Compensation (WorkSafeBC.com - Home) I'm currently paying just over 10% on gross wages. Medical is basically free here, and is also mandatory to pay into. WCB is totally separate from liability insurance. I carry 5mil liability in case I hit a house or injure an innocent bystander. This is also why it's wise to have your company's Health and Safety Program and Operational Procedures Manual in order. __________________ Trimmin' bush and caring for flowers is good 'n' all... but sometimes ya gotta let the big wood fly and pound the garden.