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Partner running limited company and being director.

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    Partner running limited company and being director.

    Hi,

    Is there any legal problems with having your partner/wife/husband as sole director and yourself as employee?

    Thanks

    #2
    Originally posted by whitelined View Post
    Hi,

    Is there any legal problems with having your partner/wife/husband as sole director and yourself as employee?

    Thanks
    If your partner/wife/husband is disqualified from being a company director, then yes.

    Do you want to be a bit more specific about the nature of your query?

    Comment


      #3
      Whatever the legal situation is, you aren't going to get any work via agencies with them stipulating you are the director/100% shareholder thing that seems to becoming more and more prevalent.

      You'd need to tell us what you are trying to achieve. It may be legal but no use if you can't bring a penny in doing it.
      'CUK forum personality of 2011 - Winner - Yes really!!!!

      Comment


        #4
        I was told by ip practitioner that best I go bankrupt with debt load, and start new company with partner's as director, and running business. It was mentioned like a thing that happens a lot, but not sure on it.

        Comment


          #5
          Originally posted by whitelined View Post
          I was told by ip practitioner that best I go bankrupt with debt load, and start new company with partner's as director, and running business. It was mentioned like a thing that happens a lot, but not sure on it.
          Certain sectors will not let you work in them again.

          Finance and defence for a start.

          Comment


            #6
            Originally posted by BrilloPad View Post
            Certain sectors will not let you work in them again.

            Finance and defence for a start.
            +1

            Comment


              #7
              Originally posted by BrilloPad View Post
              Certain sectors will not let you work in them again.

              Finance and defence for a start.
              Not wanting to be all negative as usual but I think it's going to be even worse than that.

              He's not going to be able to work for ant agent that is looking for him being a major shareholder. Been a few posts about this but I don't know how widespread it is or if it's going to get worse.

              Won't a bankruptcy show up on even a basic credit check? Finance and defense will be an absolute no no but won't it all also be bad news for any gig that does a basic check. What will they do? What's the point if they do a credit check and it comes back showing massive debts and a bankruptcy and they don't do anything about it?
              'CUK forum personality of 2011 - Winner - Yes really!!!!

              Comment


                #8
                I was about to say I have never had a credit check for contract, but I did once as part of mod sc clearance. Not planning on ever working for government again.

                Comment


                  #9
                  Originally posted by whitelined View Post
                  I was about to say I have never had a credit check for contract, but I did once as part of mod sc clearance. Not planning on ever working for government again.
                  Who are you planning on contracting for?

                  Comment


                    #10
                    Going to provide design consultancy services for an Engineering company.

                    Comment

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