Hi Everyone,
I am on open work permit from May 2018. I have been working for one of the company as Desktop support for almost 5 months.
I got a good offer from a US recruiting agency, however work location is in Richmond, Canada.
US Agency would like to pay me full amount(US Dollars) bi-weekly into my chequing account without any deductions.
1) Is it fine for me to accept that money in my account directly and pay my taxes once a year?
2) Should i join any well established incorporation to run my payroll?
3) Is it possible to open my own incorporation and run my payroll?
My only intention here is to make sure I pay my taxes and also keep my profile clean to submit for PR.
Please help me understand how should i deal with this situation?
TIA.
I am on open work permit from May 2018. I have been working for one of the company as Desktop support for almost 5 months.
I got a good offer from a US recruiting agency, however work location is in Richmond, Canada.
US Agency would like to pay me full amount(US Dollars) bi-weekly into my chequing account without any deductions.
1) Is it fine for me to accept that money in my account directly and pay my taxes once a year?
2) Should i join any well established incorporation to run my payroll?
3) Is it possible to open my own incorporation and run my payroll?
My only intention here is to make sure I pay my taxes and also keep my profile clean to submit for PR.
Please help me understand how should i deal with this situation?
TIA.