Hi,
Any help would be great! I am involved with an early stage company with number of shareholders (split 5 ways). I have 20 percent, my sister has another 20, my uncle has a further 20 and the remainder is split between 2 others (not family). We have received a small investment from one of the others but other than that we have not begun trading and have little funds/no profit etc.
We have been speaking to a number of investors who have been put off by the amount of "fingers in the pie".
We need to restructure everything and basically we are hoping to transfer all the family shares to me but need to find out what sort of tax (stamp duty) issues arise with this. No payment will be received by any parties.
Thanks in advance.