Hi all
I'm currently on a tier two general visa sponsored by my employer.
I have a few questions regarding owning a share in a friends start up. He'd like me to invest and own 49%' of the share capital in the business. It will be a limited company in his name.
Am I allowed to own shares in the startup? If I don't work or earn a salary in any capacity - would I be breaking any rules? I'm not doing any supplemental work in theory. Would my name be in any official documentation? What is the maximum % of a startup I can own without voiding the conditions of my visa?
Although am I allowed to receive part of the post tax income as dividends?
Thanks!
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