99 reputation
8
bio website
location
age
visits member for 11 months
seen Feb 9 at 16:40
stats profile views 20

Feb
5
accepted Workers of a subsidary purely work on products of the parent company
Feb
5
comment Who should process payments?
Ah. Indeed. However, does the income have to be sent to A even if the intention is to let B keep all revenues generated? That is, if the contract between A and B is to let B receive all revenues generated by P, could B handle the payments and keep them in its own bank account? B is a foreign company, so I think forex can become a hassle. A is a bit like a holding company, actually.
Feb
5
comment Who should process payments?
Just to add that, since A is the parent of B, I was wondering if sales contracts could be made with A, but B handles all the payments and keeps the cash.
Feb
5
awarded  Commentator
Feb
5
comment Who should process payments?
Thanks. What if A is to provide B with all revenue, then could B process the payments? Basically A wholly owns B, but A has all the IP rights and ownership of the product. So B is a foreign subsidiary.
Feb
5
asked Who should process payments?
Jan
31
awarded  Promoter
Jan
31
revised Advice on the need for a foreign subsidiary
edited body
Jan
30
revised Advice on the need for a foreign subsidiary
deleted 41 characters in body
Jan
30
comment Workers of a subsidary purely work on products of the parent company
Thanks. However, suppose we only want our people to work on the product, do you think that opening a separate entity employing our developers is better than having a subsidiary? I just thought that it'd be be more attractive to investors if the development firm is under the same umbrella rather than hoping that the contracts with the independent entity for development can be renewed.
Jan
30
comment Workers of a subsidary purely work on products of the parent company
Thanks. But even with a service provider, IP rights will still need to be transferred, right? Is the transfer of money from parent to subsidiary complex?
Jan
29
comment Director service contracts
Right. Then could non-employee Directors perform all tasks, e.g., marketing, sales, etc.? If so, then is that still regarded as 'employment', since they aren't employees?
Jan
29
comment Director service contracts
Thanks. Without contracts, will the Directors be employees of the company? Is this one of the distinctions between Executive and Non-Executive Directors?
Jan
29
awarded  Critic
Jan
29
comment Director service contracts
Sorry, we're from the UK but would like to know about the US as well.
Jan
29
revised Director service contracts
added 82 characters in body
Jan
29
revised Director service contracts
edited tags
Jan
29
awarded  Informed
Jan
29
accepted Need approval to sell shares in limited company?
Jan
29
asked Director service contracts