rigging companies

[tmcalan 0]

Since I obtained my rigging ticket last year the amount of rigging I have been doing keeps increasing. I was wondering if anyone has any experience or advice about incorporating yourself. Is it necessary or something you should only do if you plan on operating a loft on a dropzone? I tried to search but I didn't really know what to look for. Any suggestions would be awesome!

[DougH 270]

This is a question for your lawyer and accountant.

There will be legal outcomes, and tax outcomes for different business structures.

"The restraining order says you're only allowed to touch me in freefall"
=P

[masterrig 1]

When I went into rigging, full-time, I talked with an accountant. He advised me to go 'S' corporation. I kept it all on Quick books and each month, I'd put it on a disc and drop it off at my accountant's. That was for State sales tax. I would ask around, find a good accountant in your area and talk with him.
Also, I carried no insurance. Just seemed to me that carrying insurance was asking for a law suit. Carrying insurance would be up to you.


Chuck

[fugozzie 0]

I was told by my lawyer it was not worth doing. You should check with a lawyer and see what they say.

[hackish 8]

Look up in the Quebec (Canada) civil litigation for Andre Lemaire v. Michael Richards. My apologies the statement of claim will be in French. 3+ years later I'm still waiting for it to go to court.

In my case the lawsuit resulted from a documentation error extracting a serial number from a rigging logbook. The particulars are published in the claim.

While you don't expect things like this to happen, especially in Canada where lawsuits are rare,
it is a concrete case where incorporating a company would probably have provided some financial isolation from litigation.

Until you receive some notice that you're being taken to court you really don't think about these things, so my advice to the OP is look into it now and protect yourself the best you can before you have to worry about it.

-Michael