Buying back shares from existing Shareholder for the exact amount as invested


Job #: 8540 Post Date: 09.07.2017 13:37

General information for the business: We sell swimwear online. Accounting software: Xero Description of support work: We currently have three shareholders. 2 originally put money in the company. One of them has agreed on giving back his shares in return for the exact amount of money that he initially has invested. We spoke to a law firm recently in regards to setting up a shareholder agreement once the restructuring is complete and were advised to consult an accountant to help us out with any tax/financial issues that may arise and basically manage this process for us. Extra notes:

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Tax lawTax reportingReporting

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