Pre-startup Intangible Asset

Pre-startup Intangible Asset

Didn't find your answer?

Myself and a partner have spent 3 years developing some business software with a view to selling it via a new startup company with ourselves as 50/50 shareholders.

I have had no income at all during that 3 years of development (have eye-watering personal overdraft now!) and so would like to see it recognized as an Asset of some sort in the business.

Can it be valued somehow? If so, how should it represented the in company accounts so as best use it by offsetting against future profits or whatever?

Replies (0)

Please login or register to join the discussion.

There are currently no replies, be the first to post a reply.