Workhy

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Workhy
IndustryFinancial Services
Founded2022; 2 years ago (2022)
Founder
  • Kenan Acikelli (Co-founder & CEO)
  • Okan Safak (Co-founder & CGO)
HeadquartersHoboken, New Jersey
ServicesBusiness Management & Bookkeeping Solutions
Websiteworkhy.com

Workhy is a fintech company that specializes in assisting entrepreneurs from across the globe in establishing and managing businesses in various countries.[1] The company provides a comprehensive online platform that facilitates business management and financial activities. Founded in 2022, Workhy has rapidly gained traction as a versatile solution for entrepreneurs seeking to navigate the complexities of starting and running a business in the modern era.[2]

Overview

Workhy was established in 2022 by co-founders Kenan Acikelli and Okan Safak, headquartered in Hoboken, New Jersey.[3] The company offers an integrated platform that empowers entrepreneurs to establish businesses in diverse countries, including the US, UK, Germany, Netherlands, Estonia, and Turkey.[4] The company enables entrepreneurs to initiate and manage businesses without being restricted by geographical barriers. By enabling entrepreneurs to transcend geographical limitations, Workhy amalgamates company formation services, financial process management tools, and business growth resources into a unified digital platform.[5]

Workhy provides a comprehensive solution for establishing and managing companies online. The platform simplifies the incorporation process by enabling the remote completion of necessary procedures, negating the requirement for physical presence. Moreover, Workhy's software aids in managing financial processes, encompassing online bookkeeping, monitoring tax-related transactions, and digitally storing crucial business documents.[6] This integration facilitates seamless company formation and financial management, enabling entrepreneurs to concentrate on core business operations.[7]

Beyond its core offerings, Workhy offers an array of supplementary services to enhance the entrepreneurial experience.[8] These services encompass brand registration, online bank account setup, tax identification number application, registered agent designation, and business address provision. Workhy's emphasis on providing a smooth customer experience ensures comprehensive support for entrepreneurs throughout their endeavors.[9]

Since its inception, Workhy has facilitated the establishment of over 20,000 businesses, helping entrepreneurs from 130 different nationalities. Workhy's partnerships with global entities like Payoneer, Wise, Mercury Bank, PayPal, and Stripe underscore its commitment to global entrepreneurial empowerment. Backed by investments from international partners such as Finberg, Colendi, and HIVC, Workhy continues to evolve and expand its influence across continents.[10]

Features and services

Workhy's comprehensive suite of services includes:

  • Company Formation: An online application process that guides entrepreneurs through the steps of establishing a company in various countries, providing digital access to registration documents.
  • Online Bookkeeping Software: WorkhyBooks, free software offered as part of selected packages, empowers entrepreneurs to manage income, expenses, bank transactions, and payments effectively.
  • Tax Information: Stay updated on US tax obligations and changes in tax laws with email notifications and calendar integration to manage important dates.
  • Online Bank Account: Workhy facilitates opening online bank accounts through partnerships with global financial entities such as Payoneer, Stripe, and Wise.
  • Registered Address and Agent: Workhy provides entrepreneurs with a prestigious business address, eliminating the need for physical office rental. Incoming mail and packages can be directed to this registered address, where they are received and stored securely. Furthermore, Workhy's expert team acts as the registered agent, handling official communications on behalf of the entrepreneur's company.
  • EIN and ITIN Applications: Streamlined application processes for obtaining essential identification numbers for tax purposes. Entrepreneurs can efficiently sign the necessary documents and submit applications through the platform.
  • Tax Filing: Workhy offers contracted bookkeeping services to assist with annual federal income tax filing in the US.
  • Trademark Registration: Entrepreneurs can protect their brands legally by availing themselves of Workhy's affordable trademark application services.

In the media

           

References

  1. "Fintech Company Workhy Helps Entrepreneurs Start and Run Businesses Online". The World Financial Review. 29 July 2022. Retrieved 16 August 2023.
  2. Gosavi, Atharva (26 August 2022). "Workhy's fintech software helps entrepreneurs start and run businesses online". interestingengineering.com. Retrieved 16 August 2023.
  3. "workhy". tracxn.com. Retrieved 16 August 2023.
  4. "Workhy - Awwwards". www.awwwards.com. Retrieved 16 August 2023.
  5. "Workhy Facilitates Global Business Expansion for Moroccan Entrepreneurs". Maroc.ma. 13 July 2023. Retrieved 16 August 2023.
  6. "Workhy". Vingle. 9 January 2023. Retrieved 16 August 2023.
  7. "Workhy com". Devfolio. Retrieved 16 August 2023.
  8. "Workhy". workhy.webflow.io. Retrieved 16 August 2023.
  9. "workhy | Mbed". os.mbed.com. Retrieved 16 August 2023.
  10. "Workhy Facilitates Global Business Expansion for Moroccan Entrepreneurs | MapNews". www.mapnews.ma. Retrieved 16 August 2023.

External links