Hi All,
I just heard from a mate that if one closes an existing company and starts a new one, there is some kind of penalty which means you cannot be a director for a few years and therefore cannot be a director for the new company.
Is there some kind of truth in this please ?
Thanks in advance.
I just heard from a mate that if one closes an existing company and starts a new one, there is some kind of penalty which means you cannot be a director for a few years and therefore cannot be a director for the new company.
Is there some kind of truth in this please ?
Thanks in advance.
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