Frequently Asked Questions

We are here to answer all your questions about Rent-a-Company services.
Through Rent-a-Company service, entrepreneurs (and freelancers) can use our existing companies in order to invoice their clients, get paid and pay their suppliers. This way, they avoid all the costs and paperwork of incorporating their own company. When the rented company receives clients’ payment(s), users can withdraw funds to their bank account and/or pay third party invoices.

We serve all types of business except the following exceptions:

  • Terrorism-financing
  • Money laundering
  • Tax evasion
  • Human-trafficking
  • Prostitution
  • Pornography
  • Gambling
  • Trust services
  • Sale and/or purchase of:
    • Narcotics, steroids, drugs or other controlled substances
    • Drug paraphernalia
    • Prescription drugs
    • Items that promote or facilitate illegal activity
    • Stolen goods
    • Items or services that directly or indirectly promote or facilitate social, racial, religious, or ethnic strife; discrimination, hate, violence, revenge, harassment or racial intolerance
    • Items that are considered obscene
    • Ammunition, firearms or other weapons that require licensing, defense products, replicas of firearms or cold steel weapons
    • Personal information or personal data suitable for undertaking illegal activities (spam e-mails, etc.)
    • Identification documents and government-issued documents (including falsified documents) and other activities involving the creation or obtaining false identification documents or counterfeit government-issued documents
    • Information that violates a person’s privacy, infringing upon the honour, dignity and business reputation of individuals and legal entities
    • Items or services that violate the norms of public morality (including, but not limited to, prostitution, illegal escort services, child pornography, and Nazi memorabilia items)
    • Any equipment used to organize and conduct gambling
    • Unlicensed or illegal lotteries or gambling services
    • Any equipment used to organize and conduct gambling
    • Unregistered charity services items which directly or indirectly encourage or facilitate illegal activities
    • Extortion or blackmail
    • Devices used for hacking and tampering with locks
    • Malicious software
    • Fake or counterfeit goods
    • Financial or payment instruments whose accounting systems do not ensure proper identification of the owner for the purpose of combating illegal trade, financial fraud, and money laundering of funds obtained by illegal means
    • Dangerous goods, including, but not limited to, those that contain explosive, toxic, poisonous, and/or radioactive materials
  • any other activities that may damage the reputation of the Rent-a-Company.

 

There are no accounting nor tax duties imposed on the rented company. We cover all regular costs and tax duties of the rented company and we take care of the accounting and paperwork so that you do not need to take care of such matters yourself.
One of the specialties of Rent-a-Company’s service is the possibility to fulfill different business requirements of our customers. So, if you need any kind of service which is not mentioned as a part of our regular offer, please share your requirements with us and we will try to find the best possible solution for you.
The rented company acts as a commission agent between you and your client. This means that rented company acts on its own behalf but to the benefit of you.
All details of your Rented Company will be displayed on the invoices, as well as details of your client (full [company] name, address, company number, tax number). Also, in order to create an invoice you have to enter the description of the products/services provided together with its price. After you create an invoice, it undergoes the verification process. Only after the invoice has been approved by our department, you can send it to your client.
Your name will not appear on the invoice unless you write it as a note in the products/services description field.
After your invoice is approved and sent to your client, you get a notification as soon as the payment for it has been received. Transaction history and information about the available balance are displayed in your Online Banking, so you can always know what amount is available for withdrawal or payments to your suppliers or associates.
Sending a payment is very easy – you just need to create an outgoing payment in your Online Banking and upload the invoice from your supplier. After you create an outgoing payment, it goes through the approval process and, once approved, the payment will be sent to your supplier from your Rented Company.
Each outgoing payment goes through the approval process by the bank, which usually takes a couple of hours. After that, if the outgoing payment is approved, it is processed on the same day. SEPA payments are usually visible on the recipient’s account on the same or the next working day while the international payments can take up to 1-2 days longer.

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