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Highly depends on the state and/or country you live in. A corporation is considered to be it's own legal entity or legal person and as such, their may be numerous owners (depending on whether all stocks are privately held or publicly listed). The owners do not have to be employed by the company at all and if you happen to be unemployed and at the same time own shares in a corporation you can receive unemployment benefits.
There are, of course, other situations where it's not that easy to answer. If, for instance, you hold the majority of the shares and are employed in the company you own, you can't just "fire yourself" every now and than just to receive benefits. In some countries you can fire yourself exactly once and then "restart" your company at a later time while collecting benefits in the meantime. However, you will have to shutdown all business in that company while you receive benefits. Simply: You can't own and work for a company and at the same time receive benefits, but if all you do is own shares, you may well be eligible.
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∙ 14y ago
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Do self employed people have to pay unemployment insurance?
No. Because the only people qualified to receive the benefits are the employees the owner hires. The owner is not eligible for unemployment.
When Can you receive unemployment after fmla runs out?
Can you receive unemployment benefit after your fmla runs out
Am laid off and receive unemployment can you still receive it if you get a hernia surugia?
Probably not. To receive unemployment you have to be willing and able to work.
Can you receive unemployment in Kansas when you receive severance?
Yes
Do you have to work over 90 days to receive unemployment benefits after being fired?
No. You receive unemployment BECAUSE you have no job.
Can you collect unemployment when receive a city pension if you go back to work?
YOu cannot receive unemployment if you return to work.
Can you receive unemployment in the state of Indiana if you resign?
if i resign from my job for medical reasons in the state of indiana can i receive unemployment benefits
Can you receive your unemployment until your workman comp is awarded?
You have to be able, willing, and looking for work, to receive unemployment compensation benefits.
Do you have to pay unemployment back if you receive disability?
You cannot get disability if you are on an unemployment benefit...
In the state of Florida do you qualify for unemployment if the company you work for is bought out by a new owner?
If, as a result of the buy-out, you lost your job through no fault of your own, you should be eligible to receive benefits.
Can an employee draw unemployment on a company if they are the only owner?
Owners of companies are not eligible for unemployment benefits.
If you receiving social security and are fired can you receive unemployment benefits?
If you are already receiving social security and are fired can you receive unemployment benefits?
