Is this a group?

Is this a group?

Didn't find your answer?

Client wants to set up another limited company for a new business venture in the same trade but different location.

Client currently has one business in a limited format with 50/50 share holding with co director neither has a casting vote in case of deadlock.

Same directors want to form another limited company for a new business venture in the same trade as current business but in a different town. The shareholding will be the same and the new company will be finance separately to the current business with no inter company trading or funding.

I don't think this is a group but just wanted to run this past some more experienced eyes before getting back to the client.

Thanks
Lee

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