Forming a Company to Invest in Shares
2 posts • Page 1 of 1
by tma on Thu Jan 12, 2006 9:28 pm
I am interested in forming a company for the sole purpose of investing in the stock market and trading share options. I have read that this may be treated as a "Close Investment Company". I am a little confused as to the definition. Can anyone please clear this up? Thanks.
- tma
- Posts: 1
- Joined: Wed Aug 06, 2008 3:33 pm
by hashman on Fri Jan 13, 2006 1:01 am
Basically it is a company controlled by a very small group of people which does not carry on a trade or which does not invest in let property.
The drawback of being such a company is that it pays corporation tax at 30% on all its profits so this will make your scheme expensive to operate.
The drawback of being such a company is that it pays corporation tax at 30% on all its profits so this will make your scheme expensive to operate.
- hashman
- Posts: 1287
- Joined: Wed Aug 06, 2008 3:31 pm
2 posts • Page 1 of 1
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