Hi all!
I am more or less experienced lawyer, although I am confused how to tackle the matter when a company has many shareholders.
It is an obvious problem (time and money) to make corporate structure changes to LTD company in Estonia, because we need to involve the notary, translators etc. It is simply difficult to sync with a dozen of people and legal entity representatives who are spread between different continents.
Okay, in Estonia we can have more flexibility if we raise statutory capital to 10k.
Although, now we are creating a new holding layer in the UK. I suppose a Limited liability company with 10 shareholder might be a terrible idea there as well. On the other hand Public Limited company costs more (at least the statutory 50k capital requirement).
What is your opinion? Company management involves investors to our stocks and moreover promises options to our employees, so that number will be more than 10 people.
Thank you! have a lovely august
I am more or less experienced lawyer, although I am confused how to tackle the matter when a company has many shareholders.
It is an obvious problem (time and money) to make corporate structure changes to LTD company in Estonia, because we need to involve the notary, translators etc. It is simply difficult to sync with a dozen of people and legal entity representatives who are spread between different continents.
Okay, in Estonia we can have more flexibility if we raise statutory capital to 10k.
Although, now we are creating a new holding layer in the UK. I suppose a Limited liability company with 10 shareholder might be a terrible idea there as well. On the other hand Public Limited company costs more (at least the statutory 50k capital requirement).
What is your opinion? Company management involves investors to our stocks and moreover promises options to our employees, so that number will be more than 10 people.
Thank you! have a lovely august
