Compulawyer is correct, that liability protection is the most significant benefit of a corporation, and that piercing the corporate veil will expose you to liabilities of the corporation. This can occur if you do not follow the form and procedures required of corporations. It depends on the state; ask a lawyer or read a book.
With regard to taxes, these pierce the corporation in any circumstance. Use an accountant to manage your taxes, and do not fall behind in payments. You will be personally liable, even if the corporation files bankruptcy.
You will need an accountant, and maybe a lawyer. Get recommendations from friends, colleagues, etc. In general the accountant or lawyer should be about the same size as your company. Don't pay large companies for these services.
Fizgig,
I have been working in the IT industry in Tokyo for 9 years, with consulting firms and now with a financial firm. The job market in Tokyo is broad and deep enough to have something that matches what you want. The problem would be finding it. Headhunters only deal with full time employees. I could possibly give you some names of companies who would be interested in talking about an internship. You can also post yourself on www.daijobu.com and see what comes up. In many cases (Japanese) language is a big issue, in some cases it is not, but some company somewhere would be a good match.
I am interested to check my own company's policy toward internships. The advantage is that you wouldn't be considered a headcount, so you could be used on a project. Also you would be cheaper than a consulting company. The problem is that you don't have financial experience, so there is a lot of development you could not understand or work on.
Working in Japan is different than the U.S. You have to know what you want first, then decide if Japan is the right step. Technically we are behind in many ways. Developers in financial companies spend a lot of time fixing bugs, updating reports, etc. in pretty old code in VB, Cobol, etc. This stuff is not rocket science, but there is still a lot of money in it.
Wireless Internet is pretty hot right now in Japan. If you are interested this is the place to be. But otherwise, most of the cool stuff with traditional Internet is being (or has been) done in the U.S. Looking at technical skills, more often than not you are likely to be better off in the U.S. So you would have to be looking for something else if you think you want to work here.
Some advantages of Tokyo would be:
- Big fish in a small pond. You would often get opportunities in Tokyo that someone with your skills and experience would take much longer to get in the U.S.
- Domain knowledge. If you are interested in finance, there is a huge market for good developers. For SA's, domain knowledge is less of a factor.
- The women (if you are a man). Never forget about your social life. I can guarentee it will be much better here than the bay area.
- Diversity. Living in a foreign country can give you a broader perspective that many American completely lack.
- Learning the language. Personally I hate the rigors of learning kanji, vocabulary, etc. but some people really soak it up.
As with all things in life, what you should do depends on what you want. Figure that out first, then decide where is the best place to achieve that.
Regards,
SyncByte
Slashdot Mirror
Compulawyer is correct, that liability protection is the most significant benefit of a corporation, and that piercing the corporate veil will expose you to liabilities of the corporation. This can occur if you do not follow the form and procedures required of corporations. It depends on the state; ask a lawyer or read a book.
With regard to taxes, these pierce the corporation in any circumstance. Use an accountant to manage your taxes, and do not fall behind in payments. You will be personally liable, even if the corporation files bankruptcy.
You will need an accountant, and maybe a lawyer. Get recommendations from friends, colleagues, etc. In general the accountant or lawyer should be about the same size as your company. Don't pay large companies for these services.
Fizgig, I have been working in the IT industry in Tokyo for 9 years, with consulting firms and now with a financial firm. The job market in Tokyo is broad and deep enough to have something that matches what you want. The problem would be finding it. Headhunters only deal with full time employees. I could possibly give you some names of companies who would be interested in talking about an internship. You can also post yourself on www.daijobu.com and see what comes up. In many cases (Japanese) language is a big issue, in some cases it is not, but some company somewhere would be a good match. I am interested to check my own company's policy toward internships. The advantage is that you wouldn't be considered a headcount, so you could be used on a project. Also you would be cheaper than a consulting company. The problem is that you don't have financial experience, so there is a lot of development you could not understand or work on. Working in Japan is different than the U.S. You have to know what you want first, then decide if Japan is the right step. Technically we are behind in many ways. Developers in financial companies spend a lot of time fixing bugs, updating reports, etc. in pretty old code in VB, Cobol, etc. This stuff is not rocket science, but there is still a lot of money in it. Wireless Internet is pretty hot right now in Japan. If you are interested this is the place to be. But otherwise, most of the cool stuff with traditional Internet is being (or has been) done in the U.S. Looking at technical skills, more often than not you are likely to be better off in the U.S. So you would have to be looking for something else if you think you want to work here. Some advantages of Tokyo would be: - Big fish in a small pond. You would often get opportunities in Tokyo that someone with your skills and experience would take much longer to get in the U.S. - Domain knowledge. If you are interested in finance, there is a huge market for good developers. For SA's, domain knowledge is less of a factor. - The women (if you are a man). Never forget about your social life. I can guarentee it will be much better here than the bay area. - Diversity. Living in a foreign country can give you a broader perspective that many American completely lack. - Learning the language. Personally I hate the rigors of learning kanji, vocabulary, etc. but some people really soak it up. As with all things in life, what you should do depends on what you want. Figure that out first, then decide where is the best place to achieve that. Regards, SyncByte