Remember, incorporating limits liability. If the corporation has no assets, and no insurance, who will you go after?
Just because someone has put a corporate name on their invoice doesn’t mean they really are incorporated. One way to check is to ask for the Corporate BN # used to report Corporate income taxes and payroll. Another is through the company registrar of the province/territory.
As child care providers a corporation may not be required to register for GST/HST if they are under $30,000 in taxable supplies and in some cases, their sales are exempt, so you won’t see a GST/HST # on their invoice.
Why check further? Payroll liability, employment standards (things like vacation pay et al...) and Worksafe BC (or whatever your province/territory calls it, plus..Insurance because the company has limited liability.
Is your daycare provider really a corporation? And are they insured?
You would hate to find out they are not a corporation because if they weren't you could be liable for payroll deductions.
Corporations are required to be registered for WCB in BC from day one. If your daycare provider is incorporated, you want to ensure they are current with their WorkSafeBC remittances, and that they are registered.
Not covered for WCB, lied about corporation, suffers an injury.. You could be faced with CRA, WCB and employment standards lawyers acting for the daycare provider who probably won't have kept copies of those invoices they provided to you.
If your daycare provider won’t give their personal name and SIN #, it behooves you to do your due diligence to see who you are dealing with and whether you have any protection from their actions. If they injure your child or burn down your house, or have a car accident, who will look out for you and what remedies would you have?
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