Time for plan B.
New LTD will be created with a few people as investors.
There is going to be only one class of shares, but what I want is to make the shares marked with the rule that the company can buy back the shares for at least the price they costed when the company opened. Provided LTD has the cash.
This is to protect the investors.
Any implications w/r to allowable expense for corp tax when LTD buys back the shares.
New LTD will be created with a few people as investors.
There is going to be only one class of shares, but what I want is to make the shares marked with the rule that the company can buy back the shares for at least the price they costed when the company opened. Provided LTD has the cash.
This is to protect the investors.
Any implications w/r to allowable expense for corp tax when LTD buys back the shares.
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