Doing Business is a Questions & Answers Platform for Entrepreneurs. Ask any business-related questions and get answers from experienced businessmen from all over the world. Answer questions from others and earn money.
Doing Business is a Questions & Answers Platform for Entrepreneurs. Ask any business-related questions and get answers from experienced businessmen from all over the world. Answer questions from others and earn money.
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Hello I will be starting a business that requires me to hire workers for a certain project. I am thinking of renting a company instead of incorporating my own company in case that the business will not go well, I can easily close the business without having so much losses. In this case I would like to know if it’s possible to hire employees with the rented company? If yes, do you handle the employment procedure and payroll?
How much would it be in case you provide these services?
Thanks for your enquiry.
Like any other company, the rented company may hire personnel in accordance with the procedures in force in the country of incorporation of the company.
Our accounting department will take care of all payroll procedures and reporting.
To hire an employee, the tenant must meet 2 requirements: