Wondering if I have a company that makes around 40k a year, I have 50% share and a 50% share foreign shareholder who does not reside in uk or have a uk passport. Is it okay for that person to take 50% as dividends without doing any work in the company?
The foreign person is not a family...
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Adding a foreign shareholder
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Shareholder to withdraw more dividends
Hi all,
I have been contracting for couple of years. I am looking to buy my house and am in need of more cash for my deposit. My accountant advised me to consider making a (non working) friend as my shareholder. I am single so I dont have an option to make my spouse a shareholder.... -
Appointing mother as Ltd Co shareholder
Hello all,
I am currently contracting and looking to start up a new company with my mother as a 30% shareholder. She is unemployed and I may ask her to look after my financials and invoicing etc in return for dividends or may just gift them to her because she's lovely.
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Overseas Shareholder Expenses
Hi
I am an overseas shareholder visits UK for local business work. I wanted to know how my expenses are treated when I visit UK for local company business and expenses incurred such as fuel, mobile etc, considering we are VAT registered? Do I have a threshold?
Are my dividends... -
Is it legal for a shareholder to work through my company?
I have 100% A shares, my brother has 1% C shares in my company. My question is can he as a shareholder work through my company legally and issue invoices? Or does he need to become self employed? Or does he need to be employed by me? -
What's the point in setting up a company and paying dividends?!
Ok I have read and re-read guidance and posts on this site and I still don't understand... sorry..
We have 2 directors/shareholders, one earning £20k p.a. and the other £40k p.s. in their full time jobs. We rent a house for holiday lettings and have set up a company for that purpose. At the...
