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 member, a spouse, or ex. Happy to pay ALL taxes and not avoid anything. Your advice is greatly appreciated.
The foreign person is not a family member, a spouse, or ex. Happy to pay ALL taxes and not avoid anything. Your advice is greatly appreciated.
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