Who can raise the invoice?

[BolshieBastard]

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!?!

[Ignis Fatuus]

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.

[kingcook]

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?

[chef]

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?

[Platypus]

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.

[Safe Collections]

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!

[hunjeoyajy]

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