Salaried or non salaried

Hi,

 

I am working on economics and wanted to know if company founders come under employees or not

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Quick Summary
This discussion delves into the economic classification of company founders. It questions whether founders should be treated as employees or owners, noting that while accounting and tax laws lack a strict definition beyond 'ownership interest', economics broadly categorises them as owners. The point is raised that an owner can also be a consumer, potentially equating a director's treatment to that of an employee.

It depends on the nature of understanding.

What ever there is no legal definition of it in accounts and tax apart from a small note called ownership interest. However economics describes it broadly as owners. I have imagine owner is a consumer as well. So this makes a director equal treatment an employee. Founder as stake holder if he just draws profits and doesn’t participate. Silly, I have to do everything by myself 

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