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Who can raise the invoice?

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    Who can raise the invoice?

    I have bought some shares of a Limited company, 30% of the whole company.

    Can I raise invoices for what the company has completed as services to me or to a third party?

    Do I need the director to approve the invoice?

    Can I issue the invoice to the third person on my own as company owner (30%)?

    Thank you

    #2
    Originally posted by hunjeoyajy View Post
    I have bought some shares of a Limited company, 30% of the whole company.

    Can I raise invoices for what the company has completed as services to me or to a third party?

    Do I need the director to approve the invoice?

    Can I issue the invoice to the third person on my own as company owner (30%)?

    Thank you
    Bit confusing this post, are you just a shareholder or are you employed by the company in a formal sense?

    If you are only a shareholder you do not necessarily have any rights over the company at all.

    More info is definitely required!
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    Comment


      #3
      Originally posted by hunjeoyajy View Post
      I have bought some shares of a Limited company, 30% of the whole company.

      Can I raise invoices for what the company has completed as services to me or to a third party?

      Do I need the director to approve the invoice?

      Can I issue the invoice to the third person on my own as company owner (30%)?

      Thank you
      If I'm reading this right, no, you can't issue invoices. Absolutely not.

      Comment


        #4
        ummm how about the trying the following:

        what does the company owner say?
        what does the conmpany ceo/director say?
        what do the other 70% share holders say?
        what does the company accounts dept say?
        what does your contract with the company say?
        The proud owner of 125 Xeno Geek Points

        Comment


          #5
          Originally posted by hunjeoyajy View Post
          I have bought some shares of a Limited company, 30% of the whole company.

          Can I raise invoices for what the company has completed as services to me or to a third party?

          Do I need the director to approve the invoice?

          Can I issue the invoice to the third person on my own as company owner (30%)?
          How about you discuss this with the other shareholders and/or directors?
          Contracting: more of the money, less of the sh1t

          Comment


            #6
            Directors direct what the company does.

            Shareholders do not direct the company directly, although they own it so (as a majority) they get to create and remove directors.

            Employees are paid to do what they're told. If that includes raising an invoice then they do that; but it is not they who decide.

            Nor it is the shareholders who decide (if I'm a shareholder in Barclays, do I get to raise invoices on Barclays behalf?).

            It's the directors who decide what and when to raise as invoices.
            Job motivation: how the powerful steal from the stupid.

            Comment


              #7
              Originally posted by hunjeoyajy View Post
              I have bought some shares of a Limited company, 30% of the whole company.

              Can I raise invoices for what the company has completed as services to me or to a third party?

              Do I need the director to approve the invoice?

              Can I issue the invoice to the third person on my own as company owner (30%)?

              Thank you
              Its a laugh a minute on these forums, it really is!

              So, someone own's 30% of a company and they think they can raise invoices while the other 70% owners cant!?

              Erm, what!?!
              I couldn't give two fornicators! Yes, really!

              Comment

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