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Landlord Documents Needed For Registering Business In Townhouse?


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Hi guys,

I was wondering if you could shed some light on this situation. I would like to rent out our family-owned townhouse to someone that would like to make it into their office space. What documents/legal processes/ registration procedures do I need to know about? I know there are foreign owned businesses that come right out of their home or shop houses, but I want to make sure I can keep everything with the books. Could you guide me?

Thanks!

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Am not 100% sure, but if you do rent out the townhouse to someone registering a company, you then have to make sure that you declare all income from said rental and pay taxes etc on it. A lot of people don't like to have companies registered because they are keeping any income under the table. As soon as you register a company there, it comes under scrutiny.

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