For many individuals at some point in their career they may have to decide whether or not they want to work as an employee or an independent contractor. For employers this can be an important decision also as there are numerous tax and regulatory obligations in place when having an employee that do not exist when hiring independent contractors.
This guide contains basic information. It outlines the differences you need to take into account when starting to trade abroad. It takes you through the key steps in finding and selecting foreign suppliers, and explains what to look for in terms of payment methods and drawing up contracts.
You should have the same priorities in mind when selecting a foreign supplier as when choosing a Canada-based one. You need to get the right price and quality, while making sure the supplier can be relied upon to meet high standards consistently.
The reliability of your supplier is crucial. While a competitive price is also important, make sure that low prices don’t come with unacceptable compromises on quality or on the level of service you’ll receive.
For importers, the risk decreases as you move down the list above. Advance payment is the riskiest – there is a chance you’ll pay but never receive the goods. Open account trading is the least risky – you only pay after receiving the goods.
Building No- 25 B , Nain Singh Mansion Office No-4 Ground Floor Khizrabad NFC New Delhi -110025
(For Gulf Clients) firstname.lastname@example.org
(For Indian Clients) email@example.com
(For Recruitment) info@firstname.lastname@example.org
(For CV's) info@email@example.com
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