Sorry that doesn't make sense. As long as they are working for your company full time, it does not matter if you call them staff or employees. You only need 4 of them per foreigner, unless you are BOI sponsored.
KK gotacha. So I have the wage covered and the 60K profit pm over a year would make the business capitalized at 2M+ I would think.Originally Posted by madjbs
Yeah I have tried to do so and been conservative by inflating running costs iin the draft plan / model I'm going off.Originally Posted by Butterfly
I hear ya. This is all part of due diligence. Will defo be prudent about that costs are there to run the business that I could never be told about. Need to avoid getting slapped with random bills that were never account for. I will make a stance with the mrs on this.Originally Posted by Butterfly
STarting as an ordinary partnership would probably make the 'hidden cost' factor you brought up easier to be on top of until we go ltd.
There are currently 2 users browsing this thread. (0 members and 2 guests)