Investment in small company
My client has a potential investor who would bring certain skills to their company. The investment will be for 45% stake and will be cash and assets (for newly issued shares). In circumstances where the shares cover the value of the assets so that no debt is showing in the company books against these assets, can the investor further protect themselves by raising a charge/debenture over these assets (plant and machinery)?
Would this be common practice?
Any other factors to consider?
- Is Xero payroll as rubbish as I suspect it is? 1,088 20
- QBO VAT box 2 and 4 134 1
- VAT - Check on clients business 605 25
- Transfer of a trade WITHOUT assets? 128 1
- Amend a 2010/11 return 130 1
- Advanced SMP, but employee returns to work early 178 1
- How to deal with prior year error 177 2
- Repaying Directors Loans within 9 months 545 19
- Bookkeeping Rate of Pay 2,346 33
- What's the Barmiest Reason A Client gave you for going? 2,052 20
- Tax Calculations 660 10
- Tax Fines - HMRC 421 4
- Exemption from CGT 256 2
- VAT Registration 261 3
- Digita Users - Can you please confirm? 469 14
- Autumn statement predictions 455 8
- ACCA Practising Certificate Holder 362 4
- How to claim relief under a Double Taxation Agreement 203 3
- Moneysoft error 436 7
- Repaying Directors loan by transferring an asset 650 26