Don't do it, your concerns are valid. There's also the potential for you to be liable for HST and payroll remittances if the company doesn't pay them (directors can be personally liable.
Some work permits require them to be employees not self employed, they may want to first ensure that's not the case before they start looking to be contractors. Second, no don't do it, there is no benefit and only risk on your side.
Don't do it, your concerns are valid. There's also the potential for you to be liable for HST and payroll remittances if the company doesn't pay them (directors can be personally liable.
Thank you so much for your response. Glad to know that my concerns are valid 🙂
Some work permits require them to be employees not self employed, they may want to first ensure that's not the case before they start looking to be contractors. Second, no don't do it, there is no benefit and only risk on your side.
Thank you for confirming my doubts!
Can they not just do it as a sole proprietor?
I'm not really sure, will ask my friend to explore that possibility as an alternative. Thank you.
Hard pass, there is only risk for you and no upside.
Thank you!
Btw