What is Paily?
Paily is a web-application, that provides freelancers with Paily’s virtual company services. This allows freelancers to invoice their clients and receive payments, without dealing with all the «owning-a-business headache». Freelancers focus on what they are good at and let Paily take care about the bureaucracy and company administration.
How does it work?
Paily provides people with a legitimate business without them having to create or deal with a personal company. For example: a client asked his freelancer to invoice from a specific company location. So a freelancer either creates a local company in that country from scratch, pays all the lawyers, notaries, founding and maintenance costs. Or the freelancer can just register in Paily and invoice his clients in a matter of minutes.
How does Paily work in terms of laws?
The freelancer is a contractor who provides services or performs works for his clients. When he accepts the General Terms & Conditions, Paily becomes the agent of the freelancer and acts exclusively on behalf of the freelancer. Acting on behalf of the freelancer, Paily is entitled to issue invoices paid by freelancer's clients. Under the General Terms & Conditions, the invoice itself is considered as an offer to conclude the contract which is accepted by the payment of the invoice. Paily itself is not a party to the contract concluded between the freelancer and his client because Paily is acting on behalf of the freelancer.
Advantages of having a Virtual Company rather than a Local Company?
You save your time, your money and your nerves. The costs of managing your own company may vary from 300€ to 50000€. With Paily you 7 automated companies in your hands to invoice your clients.
What types of businesses does Paily support?
Paily can support pretty much everything but selling physical goods, dropshipping and anything that may be connected "dark" accounting. But name any digital service, Paily got you covered.
I live in [insert country name], can I use Paily?
You may register even if you are from Mars. Alright, jokes aside, Paily is on its way to becoming a global IT service. It is growing and getting better thanks to the feedback from our supportive freelancer community. Referring to nowadays, you may register from any open legal country.
Do I need to be incorporated to use Paily?
No. You do not need to be incorporated as a company to use Paily. The idea behind using a Paily is related to physical entities that provide their digital services to their clients.
What documents do I have to provide in order to get verified?
We suggest you to prepare your national ID card / your passport / drivers license and an okay camera to make the shots. In rare cases, Paily may require a Proof of Address (a phone or electricity bill, or a bank statement).
Got a question that does not have an answer here. What should I do?
Looks like you got a non-frequently asked question. Congratulations! Make sure to send a message to Paily’s Support Team. They will do their best to help you out. And maybe even give you a present.