Starting another Ltd for a software project

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Jog On replied

10 December 2007, 21:49
Thanks
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Lucifer Box replied

10 December 2007, 21:07
Originally posted by Jog On View Post

I’m wondering will I be better off just personally owning ½ of this new ltd

Yes, you will.
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Sockpuppet replied

10 December 2007, 18:55
Personally own the Ltd shares otherwise you pay corp tax twice.
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Jog On started a topic Starting another Ltd for a software project

10 December 2007, 15:27
Starting another Ltd for a software project

I’m going into a joint venture with an old school friend where we’ll go 50/50 on everything. It will be a web/software project in which we’ll share costs and revenues

She wants to form a new Ltd for it so I’m wondering will I be better off just personally owning ½ of this new ltd or would it be advantageous to make my current Ltd the (50%) owner – or would it be time to start thinking about offshoring?
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