Hi. I have a private company, which is developing nicely. It has come to the point where the earnings of the company together with my private income will soon qualify for increased 20% of taxes on my personal income, salary.
That is why I would like to transfer the company to my wife, who's personal income is quite smaller than mine, and in such way, will not affect my personal taxes on salary which i am receiving from my employer.
Therefore, i am aware of the process, it is very easy, for my wife to overtake the existing company when creating her own. I would just like to know weather there are some special things I should be aware of when my wife takes over the company, and if yes, what are the things to note?
The diff in tax cannot be more than 15% (buttom to top-tax) It can be transferred but go to an auditor and get it right you cannot just transfer the result, the work must then be done be you wife also - or you can have it with you wife as "assisting spourse" and transfer result to her in proportion the work she is doing
go to an auditor so tax does not see as if you only transfer the result (for tax reasons) and the actually - the private company
br John H
6 stærke Ivæksætterbøger - e-bøger/paperbacks - letlæste I LINK HER Intro til regnskab - og Fradrag - e-bøger letlæste I LINK HER
Shouldn't in such case, to avoid extremely higj auditors prices, be easier and cheaper just to open up a new company for her, and close and settle the existing one on my behalf?
no - that would give same risk as I see it - unless she actually works in the new fully - Extremely high price? I think you can get advice on this for 3000 dkk easily - just advice? Try it
Alternatively pay int o pension ratepension or lifelong - and avoid toptax
br John H
6 stærke Ivæksætterbøger - e-bøger/paperbacks - letlæste I LINK HER Intro til regnskab - og Fradrag - e-bøger letlæste I LINK HER
The case is that at the moment, company has been active only for 6 months, and there hasn't actually been that many transactions in the company, but the growth is exponentially big and therefore i am considering this as for the future.
That is the point of the story, its a new company that only recently started to get the real customers in. But the growth is really really high, and i would like this done before it gets to complicated and will require an auditor, as for now, i see no point for auditor to audit the company who in total had some 90 transactions. Or am I wrong again?
New law fo IVS so I would so no - in that case I would go for ApS but again youo need an auditor as otherwise you would not know if you should transformer taxfree or taxiede - and if you go the wrong Way, tax could be very high
br John H
6 stærke Ivæksætterbøger - e-bøger/paperbacks - letlæste I LINK HER Intro til regnskab - og Fradrag - e-bøger letlæste I LINK HER