What should be done when hiring the first employee?

When a company begins hiring its first employee, the process goes beyond simply agreeing on a salary. It also involves ensuring that all requirements—such as labor documentation, social security, taxes, and payroll—are handled correctly and in full compliance with the law.
There are 7 key areas that a company must prepare and address:
Prepare employee documentation and information
2️⃣ Establish employment terms and salary structures
3️⃣ Register employees for social security
4️⃣ Calculate monthly payroll
5️⃣ Issue payroll documents and disburse salaries
6️⃣ File monthly tax and social security returns
7️⃣ Prepare year-end documentation and summaries