I am the director of my Ltd company and take a combination of salary + dividend each month. I need to write myself dividend vouchers and was wondering if anyone could provide me with a template please? Also, I need to know who are authorised to sign it? Is it a must for company secretary to sign dividend voucher? I have heard that Private companies are no longer required to have a Company Secretary and for a company that no longer has one, it then falls to the Director(s) to ensure that the dividend voucher is prepared and given to each shareholder. Because my company is a private limited company, can I write myself dividend vouchers and sign it myself?
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Dividend Voucher Template
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Originally posted by nomeames View PostAlso, I need to know who are authorised to sign it? Is it a must for company secretary to sign dividend voucher? I have heard that Private companies are no longer required to have a Company Secretary and for a company that no longer has one, it then falls to the Director(s) to ensure that the dividend voucher is prepared and given to each shareholder. Because my company is a private limited company, can I write myself dividend vouchers and sign it myself?Comment
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Originally posted by Craig@InTouch View PostA director usually signs on behalf of the board of the directors. If you are the sole director, then you can sign the dividend declaration. I know it sounds a bit odd, but essentially you can write a dividend declaration and voucher and sign it yourself. You're signing it as the director for the shareholders of the company which just happens to be both you.Comment
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Originally posted by nomeames View PostThanks Craig. My wife is a director too. Does it mean we both have to sign the dividend voucher?
It's not nice being in business with someone who screws you over even if you are married/closely related.
Even if she doesn't look and blankly signs it if there is ever any problems it was her own fault for not looking at what she was signing.
Originally posted by nomeames View PostExcuse my ignorance but you mentioned dividend declaration...I assume it is same as Dividend Voucher?
You can be official and have an agenda which you send out before hand as you have another director.
Originally posted by nomeames View PostFrom the link clippy provided, how frequently the minutes to be prepared? One for each month's dividend?
In short you do just a lot of copy and paste every month."You’re just a bad memory who doesn’t know when to go away" JRComment
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This is quite useful:
Declaring dividends: the paperwork - dividend counterfoils and company board minutesOlder and ...well, just older!!Comment
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You might want to take those examples and put them into excel, seeing as only the date and amount changes each time.
Type in a couple of cells and hit print.
Simples
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