Contractor in Canada

[qaqa]

Hello Friends

I need some inputs from Gurus who have experience with Canada Telecom market especially contractors/consultants:

1- How much is the expected CAD$/hours.
2- How much working hours/day.
3- How to minimize the Tax on income.
4- is it better to go for Corporate or not?
5- Is telecom contracting in Canada can stay for long term (more than 2 years)
7- Best Operator/Vendor to work for as a contractor
6- Any other hint will be the most welcome.


Thank you very much :D

[qaqa]

Anyone can give a hint gus?

Thanks

[piccaso]

- $45 to $50 an hour
- 8 hrs a day
- 40 hrs a week
- Working corp to corp is always better in my opinion because the tax rate is less on business then it is for personal. Your also taxed on your net income vs your gross income on personal tax. You can also take out a directors dividend from your company up to $25,000 a year and not pay personal tax on it.
- An agency (pimp) that doesn't gouge is always better.
- The length of time working in Canada depends on your Visa.

I'm Canadian and have been incorporated for 13 years, I'm currently working in the U.S. on a TN Visa

Good luck!

Regards,
piccaso

[qaqa]

Thank you very much for your reply.

I am a PR so I don't need a working visa. I am working perm but thinking about switching to consulting.
I am also thinking to go incorporated as well. if you can give me more ideas to maximize my net income and minize my taxes i will be very gratefull.

wish you the best in your job. Thank you:)