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Can a Subsidiary pay the Payroll of it Parent Company's Employees?

<p>Can a Subsidiary pay the payroll of it parent company's employees, given the employees are working with subsidiary. Consider that GOSI is being paid by parent . </p> <p>Could this lead to any legal Complications ?</p>

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تم إضافة السؤال من قبل Mohamamd Faisal , Head of Corporate Service , AKON International co ltd
تاريخ النشر: 2014/10/23

 .........Yes, you can 

 

$10000(Debit / account dividend paid in advance ..... profit for the parent company (current assets) 

  $10000( (Credit / Bank 

 

 The total  value of money paid EXP. salaries 

 

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Is31.12.2014 

 

To prove the distribution of profits account 

 

$10000(Debit / profit and loss account (income statement) 

 

Credit /  the distribution of profits to the parent company account $10000 FOR THE YEAR ENDED13/12/2014 ..... (Current Liabilities)

 

  The value of the parent company's profit

 

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adjustment- To prove payment to the parent company 

 

Debit /  the distribution of profits to the parent company account$10000 FOR THE YEAR ENDED13/12/2014 ..... (Current Liabilities)

Credit / account dividend paid in advance ..... profit for the parent company $10000 (current assets) //ACC. receivables

Erick Ombaye
من قبل Erick Ombaye , plant operator , WARTSILA EAST AFRICA LTD

only with an authority from the parent company

Malsha Fernando
من قبل Malsha Fernando , Computer Graphic Designer , dinalie studio and color lab and Methuli holdings pvt.ltd

machine cannot replace human because machine assigned to do only specific work. If random mulfunction occur AI will failed to quick response

Shakil Jamal khatib
من قبل Shakil Jamal khatib , Operations , Agility Global Logistics LLC, Dubai. A new name of PWC Logistics Dubai LL

If rum well in organised way

Ali Slim
من قبل Ali Slim , Central Supply Technician Supervisor , Mohamad Slim Establishment

Yes, some they do pay it by a head office and then they charge to subsiduary.

narthan mtambo
من قبل narthan mtambo , engineering technician , Ngwala Projects Engineers

most likely as production wont be compromised with human deficiencies.

Ali Hasan
من قبل Ali Hasan , Network Engineer , NAYATEL Pvt Ltd

Not in the near future I would say. I do think however that the jobs of employees will change and that it is important to make sure your personnel is 'fit for the future'. Are they willing to change into an even more customer-orientated mindset to make sure your company is ready to offer the ultimate High Tech - Human Touch experience in the foreseeable future?

مستخدم محذوف‎
من قبل مستخدم محذوف‎

No; however, you could contract an specific part of the job with an specialized Subsidiary.

Ramadhani Msuya
من قبل Ramadhani Msuya , Hr/Finance & Compliance Manager , Anza Entrepreneurs LTD

can be paid as it has been brought into the same company and the parent company will report it in its financial statement

Muhammad kamran Anwar
من قبل Muhammad kamran Anwar , Business Support

yes new generation super computer like Allians which contact the media on earth through different information resources it is possible

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