I would like to set up two companies with myself the sole shareholder and director, and then transfer 100% of one company to the other, creating a wholly owned subsidiary. Then I might need to transfer 25% of the subsidiary to a possible business partner. The transfer to the holding company will be prior to the subsidiary starting to trade, but the transfer to the partner might be after we start trading.
Is this easy to do? Any pitfalls I should be aware of?
Any help would be much appreciated.