They are findmentally commission agents, they handle administrative tasks for a percentage. It saes them having to pay or file VAT taxes for example, and will for some folks decrease their corporate income taxes and business costs related to maintaining the company to zero, though this analysis only applies if they were planning to set up a separate legal entity in the first instance.
It will be targeted at Europe and Asia, in the US we don' t have these problems so they do not need to be solved. :-) And the US government has historically been very agressive about creating treaties and accords allowing international business without having to deal with a lot of double taxation and so on. If you are doing business EU - not EU it would be a great timesaver for a certain target market. And I predict a great market for this kind of stuff when Brexit actually makes itself felt; Brexit is fat city for these guys. It is also a tried and true method for some not terribly legal transactions, and I expect the company has some....challenges related to that. Whitewashing, human trafficking, gunrunning, oh my. But this is not the fault of the service: about 5 minutes after you come up with any innovative idea, the crooks are all over ways to use it too. Nothing like crime for innovation, it must be said. It points at a real sharing economy solution, but is (like Uber) an on demand solution, not a sharing solution. Or at least, I don't see any sharing going on. A sharign solution would look something like a coop with a buyin for certain services. Something like that. On Wednesday, April 12, 2017 at 12:27:55 AM UTC+2, Alex Hillman wrote: > > The actual product is very confusing to me: > > https://www.winglio.com > > This seems like Paypal meets business back office services? Or maybe kinda > like a "lite" version of Stripe Atlas? https://stripe.com/atlas > > Who exactly is this for? What problem is it designed to solve? I *think* > this is more geared towards folks living in places where even basic > incorporation and/or banking make internet business complex or impossible. > > Which makes sense...but I'm not sure that's what this is. The more I read > about it the less I understand :) anybody know what's actually going on > here? > > -Alex > > > On Apr 11, 2017, 5:42 PM -0400, Robert Kropp <rob...@cowork22.com > <javascript:>>, wrote: > > Interesting. Do you know of a coworking space that this is being tried? > > On Saturday, April 8, 2017 at 6:29:54 PM UTC-4, Caner Onoglu wrote: >> >> This concept of "rent-a-company" is my dream framework for the coworking. >> (link below) Why bother about having many companies if one is enough for >> most cases? >> >> >> https://www.forbes.com/sites/brianrashid/2017/04/05/4-reasons-why-renting-a-company-is-becoming-a-new-trend-among-freelancers/#610128ed7f94 >> >> <https://www.google.com/url?q=https%3A%2F%2Fwww.forbes.com%2Fsites%2Fbrianrashid%2F2017%2F04%2F05%2F4-reasons-why-renting-a-company-is-becoming-a-new-trend-among-freelancers%2F%23610128ed7f94&sa=D&sntz=1&usg=AFQjCNH8lwrvUa23OlLzXMqj9_FYK8wrOA> >> > -- > Visit this forum on the web at http://discuss.coworking.com > --- > You received this message because you are subscribed to the Google Groups > "Coworking" group. > To unsubscribe from this group and stop receiving emails from it, send an > email to coworking+...@googlegroups.com <javascript:>. > For more options, visit https://groups.google.com/d/optout. > > -- Visit this forum on the web at http://discuss.coworking.com --- You received this message because you are subscribed to the Google Groups "Coworking" group. To unsubscribe from this group and stop receiving emails from it, send an email to coworking+unsubscr...@googlegroups.com. For more options, visit https://groups.google.com/d/optout.
