Question 1

Is this legal?

Accepted Answer

Yes. Appointing a resident director/owner is a well-established, normal part of corporate law in every country we operate in. Every appointment is registered publicly in your name with the local company registry.

Question 2

What happens if the company gets sued?

Accepted Answer

Our legal team handles it. Your role is defined in your engagement letter — you're not making operational decisions, so you're not the party running the case. We carry professional indemnity insurance on the operating side.

Question 3

What are the real risks?

Accepted Answer

Directors have statutory duties. That's why we vet every company before you're appointed, keep it compliant, insure the operating side, and make sure your engagement letter clearly defines who does what. Read our protection policy for the full picture.

Question 4

Will my name show up publicly?

Accepted Answer

Yes. Company directors are public record in every jurisdiction we operate in. That's the whole point of the appointment. Your personal address is not published — a registered business address is used.

Question 5

How do you vet the companies I'm appointed to?

Accepted Answer

In three layers. Before appointment: a full business-model review, KYC and sanctions/PEP/adverse-media checks on every ultimate owner, and proof the client can fund the company (taxes + your fee) for at least 12 months. Roughly 1 in 6 client applications passes. During the appointment: our proprietary compliance AI monitors every product, landing page, and ad the client publishes; every merchant account is set up with dedicated fraud and chargeback partners; every transaction is reconciled daily. Quarterly, we re-run financial and ownership checks. See the protection page for the full picture.

Question 6

What happens if a client's business runs into trouble?

Accepted Answer

Your case handler escalates internally the moment we spot it — you don't chase anyone. Our in-house team plus retained specialist lawyers, tax advisors, and chartered accountants handle registry queries, bank compliance requests, and tax authority correspondence in writing, before you're ever asked to sign anything. We have 7+ years of pattern recognition on this — most "new" issues look like ones we've resolved before. Professional indemnity insurance sits behind the operational team as a final backstop.

Question 7

How much can I earn?

Accepted Answer

Most owners start between $1,000–$2,000/month with a single appointment. Earnings grow as you take on additional companies. Top earners with multiple appointments or specialist roles (regulated industries, group structures) reach $10,000+/month.

Question 8

What determines my exact fee?

Accepted Answer

Country, appointment type, industry (regulated industries pay more), the company's size and complexity, and how many appointments you hold. Your fee for each appointment is in the engagement letter you sign before it starts — no surprises.

Question 9

How and when do I get paid?

Accepted Answer

Monthly bank transfer, on the same day each month. You set up payout details after your application is approved.

Question 10

Do I have to pay tax on this?

Accepted Answer

The monthly fee is income and gets reported like any other income in your country of residence. We provide the paperwork you need at year-end. We're not tax advisors — talk to your accountant for your specific situation.

Question 11

Can I have more than one appointment?

Accepted Answer

Yes — after your first few months in good standing. Each additional appointment adds to your monthly income and is how owners move up the earnings range.

Question 12

How many hours per month?

Accepted Answer

A couple of hours a month on average. Most owners sign 2–4 documents per year and receive a handful of mail items. Some months are zero.

Question 13

What if I go on holiday?

Accepted Answer

Let your case handler know. Anything time-sensitive gets scheduled around you.

Question 14

What if I move house?

Accepted Answer

You tell us; we update the registry. Simple form, no charge.

Question 15

Who decides what the company sells and spends money on?

Accepted Answer

You do. The full-service operating agency we appoint proposes the product lines, pricing, campaigns, creative, and suppliers. Nothing goes live until you approve it in the portal. See the operating model page for the full picture.

Question 16

Can money leave the company without me knowing?

Accepted Answer

No. Our in-house accountants queue every outgoing payment — supplier invoices, marketing spend, your own monthly fee, dividends, tax payments — in your portal with the amount, counterparty, and supporting document. Only items you approve get paid.

Question 17

Who actually runs the day-to-day business?

Accepted Answer

A vetted full-service operating agency that we introduce and contract alongside setup. They propose products and services, plan and run marketing, generate sales, fulfil orders, and handle customer support — all under your company's brand and under a scope you approve. Second Income sets up the company and provides the accountants and tax specialists who manage its finances.

Question 18

What documents do I need to apply?

Accepted Answer

Government photo ID (front and back), a proof of address dated within 3 months, and a selfie holding your ID. US applicants also upload a recent credit report. Everything else can wait until after approval.

Question 19

Where are my documents stored?

Accepted Answer

In a private, encrypted storage bucket. Only you and our reviewing admins can access them. They're never public and never shared with third parties without your written consent.

Question 20

Why do you need a credit report for US applicants?

Accepted Answer

US banks and payment processors require it as part of standard KYB checks on the companies we operate. It's not scored or used to reject you — it just needs to be on file.

Question 21

Can I quit?

Accepted Answer

Yes. Every engagement letter has a notice-based exit clause. You give notice in writing; we file your resignation with the registry; the appointment ends cleanly.

Question 22

What's the notice period?

Accepted Answer

Typically 30 days for a single appointment. Longer for group-level roles. The exact period is in your engagement letter before you sign.

Question 23

Can I be dropped?

Accepted Answer

Yes — we can also end an engagement with notice, for example if you become unresponsive or the appointment is wound down. You'd get a written explanation and the same notice period.

Question 24

How fast do you respond?

Accepted Answer

Any question or issue in your portal gets a written response from your case handler within 24 business hours. Urgent items get flagged and escalated.

Question 25

Who's my point of contact?

Accepted Answer

One named case handler. You'll know their name from day one, and their backup if they're off.

Straight answers.

Legal & risk

Money & tax

Time commitment

How the business runs

Documents & privacy

Quitting

Getting help