Seems like the easiest thing would be to just allocate another 100 shares to you, giving you an equal share. Saves all the potential faff related to gifting/buying shares. You're going into business with each other. Settlements legislation is a red herring - anybody suggesting otherwise is talking nonsense. Businesses do this all the time. Get your accountant to show you how to do it properly.
Shareholding percentage is something for you to both decide but common sense would say split them according to how much input each of you has into the business. If its a true joint venture, then I'd say 50/50.
Shareholding percentage is something for you to both decide but common sense would say split them according to how much input each of you has into the business. If its a true joint venture, then I'd say 50/50.
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