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Thread: Do I need to close my corporation if I join Deloitte
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Jan 9th, 2008 08:52 AM
#1
Jr. Member

Do I need to close my corporation if I join Deloitte
I registered a corporation (limited company) before and have some limited income every year.
I recently got an offer from Deloitte and wonder if I need to close/dissolve this corporation if I work for them. (The offer mentioned something about conflict of interest but I am not sure what to do.)
If anyone here has the same experience and could provide your comments, it is greatly appreciated.
Thanks.
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Jan 9th, 2008 08:57 AM
#2
Yes, you need to close it.
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Jan 9th, 2008 06:39 PM
#3

Originally Posted by
kennyt18
Yes, you need to close it.
Thanks. It looks like I need to transfer it to my wife if there is Ok with her company.
She asked me to do so before though.
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Jan 9th, 2008 09:54 PM
#4
It depends on what the corporation does. You will definitely need to disclose it on the Independence things they make you fill out.
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Jan 9th, 2008 10:24 PM
#5
If there's an issue of independence, then transferring it to your wife won't matter. Immediate family ownings and investments (including parents and children, depending on your title) are considered as well.
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