If you are seeking to engage new personnel, it is essential to ensure that all aspects of the engagement are meticulously documented. Whether you require the expertise of an individual for a specific project, a short-term assignment, or as an external service provider, an independent contractor agreement is the ideal choice for your needs.
Our independent contractor package encompasses a comprehensive suite of services, beginning with a consultation with us to gain an in-depth understanding of your requirements. From there, we will skillfully draft the agreement, taking into account all the relevant factors and nuances of your unique situation.
Finally, we will review the agreement with you to ensure that all of your needs are fully and completely addressed, leaving you with the peace of mind that comes with a meticulously executed and documented arrangement.
Key considerations of an independent contractor agreement
When engaging an independent contractor, it is imperative to establish the nature of the relationship between the contractor and the company. It must be made unequivocally clear that the engagement does not imply an employer-employee relationship.
To ensure clarity and transparency, the precise scope of services that the independent contractor is expected to provide should be unambiguously specified, alongside any associated time limits. Additionally, the payment terms, including frequency and method of payment, should be clearly articulated.
At Astre Legal, we recommend our clients incorporate non-solicitation, non-disclosure, and non-compete clauses into the agreement to further safeguard the interests of the business.
It is equally important to establish a well-defined framework for terminating the agreement. This includes outlining the circumstances under which the contract can be terminated, as well as the procedures to be followed during termination.
By implementing these measures, businesses can mitigate the risks of legal and financial liabilities that could arise from a misunderstanding or breach of the agreement. Get in touch with us today to discuss how we can assist you in establishing a legally compliant and mutually beneficial working relationship with your independent contractor.
What is a corporation?A corporation is a legal entity that can enter into contracts, incur debt, and even own property. Every corporation is comprised of shareholders, directors and officers. When forming a corporation, owners transfer money, property or assets into the corporation in exchange for shares. These owners then become shareholders of the corporation and they can buy or sell their shares without affecting the existence of the corporation.
What's a minute book?Each corporation is legally required to keep, maintain and regularly update their corporate minute book. This book is the legal history of the corproation starting from its incorporation. Each decision is recorded into the minute book which allows potential investors, the CRA and interested people (for example, a potential buyer) to assess the history of the corporation. If you need to create, re-create, or update your minute book visit our minute book page. In a minute book, you will generally find: Certificate of Incorporation Articles of Incorporation Resolutions Share Certificates Share Registry Shareholder's Register Director's Register Officer's Register
What are Shareholders, Directors, and Officers?"Enter your answer here
Can one person incorporate a company?Yes, one person can incorporate a company by themselves. This person will play the role of the shareholder, director and officer.
How long does a corporation exist?A corporation can exist forever since it is a separate legal entity. It is independent from its shareholders, directors and officers. It's existence can be ended by dissolution (voluntary or involuntary).
Do I need a lawyer to incorporate?The incorporation process requires many legal documents which are best prepared by a lawyer. You should always consult with one before incorporating to ensure you have the right and accurate documents.
What's the difference between a named and a numbered corporation?A corporation can be incorporated using a name or let the appropriate authority provide it with a number to identify the corporation. If dealing with the public, numbered corporations will also declare a business name that they will use for their business purposes.