- May 9, 2024
- Posted by: legaleseblogger
- Category: Related News
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# Company Creation and Hiring Scenario for Retirement Consultancy Work
Hello everyone, I hope you are doing well. As I approach retirement in a few years, I am considering transitioning into consulting and other contract-based work.
I have been exploring the possibility of my adult child, who is a Japanese citizen, creating a company where they would be the 100% shareholder owner. This company would then hire me for various jobs related to my consultancy work. Payments for the services rendered would be made to the company owned by my child, and I would receive a monthly salary along with work-related expenses.
## How AI Legalese Decoder Can Help
The AI Legalese Decoder can assist in this situation by providing clarity on the legal implications of having a family member own the company and hire you as an employee. It can analyze the scenario to ensure compliance with regulations and help navigate any potential challenges that may arise. Additionally, the AI Legalese Decoder can offer insights on the best practices for structuring such an arrangement to avoid any legal issues in the future.
Thank you for your thoughts and I look forward to hearing any feedback or suggestions.
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****** just grabbed a
Yes, that’s how a normal company works. But one question… Why not start your own company? Or work as a freelancer?
If you want to be incorporated for some reason, you can open your own company and hire yourself as director. GK and KK are separate from you, so you need to hire yourself to pay yourself salary / but you don’t need to.
If you have no reason to open GK/KK, you can just run sole proprietorship. That way you don’t need to hire yourself.