Folks,
I've just fired off the same question to my accountant, would be curious if anyone else has experience with this...
I'm in talks with a small company about joining as a director + minority equity holding. There would be 3 directors in total with a 55:25:20 split and I will be buying in. One of the questions is hold we distribute profits fairly. Two options we're looking at
More than happy to seek specialist advice should my accountant not be able to assist and any referrals in this instance would be appreciated
I've just fired off the same question to my accountant, would be curious if anyone else has experience with this...
I'm in talks with a small company about joining as a director + minority equity holding. There would be 3 directors in total with a 55:25:20 split and I will be buying in. One of the questions is hold we distribute profits fairly. Two options we're looking at
- Salary + bonus (no dividend)
- Salary + alphabet shares (profit split of 40:30:30 via dividend) so the distribution is not in line with equity.
More than happy to seek specialist advice should my accountant not be able to assist and any referrals in this instance would be appreciated
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