Do I need to close my corporation if I join Deloitte

[iflu]

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.

[kennyt18]

Yes, you need to close it.

[iflu]

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. :cheesygri

[WildEmu]

It depends on what the corporation does. You will definitely need to disclose it on the Independence things they make you fill out.

[TotallyKiller]

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.