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Old 12th Oct 2007, 02:50
  #66 (permalink)  
Maple Leafs
 
Join Date: Jan 2006
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I have a question.

Why not start up your own airline hiring company based out of the Cook Islands or somewhere similar. You will be hiring one pilot only, YOU.

What if the Expat Pilot’s at KAL got together and formed their own company to hire expat pilots and not have those big commissions. Just have some good KAL blokes, say 10, to do some admin stuff. More money for your pockets. Would it not be better for all involved?



Can you just do it all yourself?


KAL will pay the hiring company who will then pay you, lets say 2000 USD a month. The rest will go to an offshore bank. You pay tax on 2000 USD a month? Could you not have the hiring company two company’s deep? The KAL pilots set up a company to hire everyone and then the individual have his own company (basically his or her to be politically correct) and his company pays him/her as an individual ($2000 USD). The rest goes into the individual’s company’s bank account set up in a tax free country.

The KAL Pilots Company will be paid by the Individuals Company a commission, somewhat smaller than the others.

What is KAL paying the hiring companies at the moment and what are the hiring companies paying the pilots they hire? Why is it so different?



Too Hard?


How hard would it be to solve contractual problems? Just a thought.
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