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By law, it's optional for sole proprietors. Reality can be different though. In the construction trades most general contractors will require any subs who are sole proprietors to have workmans comp. This is what their insurance companies require. If a sub doesn't have workmans comp the insurance company adds their wages to the gc's bill.
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In Oklahoma does a sole proprietor have to carry workmans comp if he is the only employee of his small home repair company?
No
You are a sole proprietor with no employees do you need workman's comp insurance in the state of Arizona?
please answer my question
You are a sub contractor work by your self do have to pay workmans comp?
In some states being a sole proprietor with no employees allows you a waiver for the state required workmans comp insurance. However, many large companies as well as state and federal projects will require WC insurance, regardless of the waiver status.
How does a sole proprietor provide work mans comp for himself?
very good company dyncorp international
I am a sole prop with no employees, Does PA require me to carry workmans comp on myself. Thanks Jeff?
No, you would not be required to carry workman's comp on yourself; I would recommend personal policy coverage, in your case.
What are the functions of management of sole proprietor?
Function of sole proprietor
If you are sole proprietor do you need Worker's Compensation?
AnswerYou are the only proprietor of your business but are you the only employee?yesthen, no you dont need it
Do i need Workmans comp for spouse?
If your spouse draws a wage from you or your company, you must include her in any workers' compensation plan. If you both own the business as sole proprietors, neither of you are required to be on a workers' compensation plan.
Who is a sole proprietor?
A sole proprietor is a person who owns the business and is personally responsible for it debts.
What is a sole trader organization?
Sole proprietor
What is sole proprietor?
A sole proprietor is someone who owns there own business. A newspaper stand for example. If you invest your money into your business, then create and run it ALL BY YOUR SELF, then the business is called a sole proprietorship, and you are the sole proprietor.
Do you need workmans comp insurance for a concession stand if employee 13 years of age?
You need workers' compensation insurance if you have employees. You do not need worker's comp insurance if you are a sole owner. In most states, owners of a business are exempt from having workers' comp for themselves. The type of business does not matter. If you have employees, you need comp insurance. ...plus, the venue, whether a city owned street, school or music venue SHOULD require that you carry the coverage on yourself to ensure you don't allege to be its employee if you suffer an injury.
