Hi!

I’m based in Canada and was offered the opportunity to work as a contractor for a US company. I would not be an employee for them so I would need to set up a corporation ( is what I’m told the best option).

I’ve never don’t contract work and it seems like a whole different world because we don’t get benefits, paid time off, or any security for a matter.

Is anyone here already in that boat and would care to give me some advice and how you started out? Any tips , ie cost that you didn’t expect and I should account for?

Also note… they are giving me about 10k more than what I’m earning now… so I don’t know if I’d be actually pocketing less or same.

  • NoRatePayments@alien.topB
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    10 months ago

    I don’t know the rule of them, but from what I’ve seen before you need to be making at least 50% more than your salary to make this work. At $10k over you are probably under water.