FAQs

Frequently Asked Questions


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 like to say that Rent-a-Company service is actually a lot like a brand new car you’ve got for free, for which you don’t need to pay for repairs or new tires, only for fuel any time you decide to drive it.

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.

 

The sign-up procedure is very simple and it can be completed in 3-4 minutes. After the payment, you will receive an email with the confirmation link you need to click on in order to gain access to your Rent-a-Company Dashboard. Once you access the dashboard, you have to update your profile details in order to get verified.

You should provide only a copy of your passport or national EU ID card and a document showing your address (phone or electricity bill or a bank statement) in order to get verified.

The verification process is usually done in just a few hours but in some cases, it may take up to 24 hours.

After obtaining the verification, you can issue your first invoices from rented company to your clients and receive payments from them. When the payment arrives, you will get a notification. Тhereafter you can create outgoing payments to your suppliers or request a withdrawal to your bank account, PayPal, debit/credit card or crypto wallet.

You can update your profile anytime after you get verified. However, please note that any profile update requires additional verification which can take up to 24 hours.

You can start using the rented company as soon as your profile is verified.

Yes, you may close your Rent-a-Company account with just a few clicks without any commitment or additional fees.

Yes, you can choose a Starter Plan or Professional Plan that does not have a setup fee.