Listen "Commercial Conversions Company Structure"
Episode Synopsis
What’s the Company structure for commercial conversions? is a frequently asked question and in this episode, Shaz explains all
He shares invaluable content on why setting up a holding company provides the flexibility you need to be able to scale and grow and explains why when you are a trading company there are potentially useful tax reliefs available
KEY TAKEAWAYS
Only do one commercial conversion per company at any one time
Before you do your first commercial conversion set up a holding company
A holding company gives you the flexibility to move finance around
You can have different classes of shares
A trading structure is when you buy, refurbish, and sell properties
If it’s a trading structure when you sell shares in the company you can claim substantial shareholding exemption
If you are holding properties the company becomes an investment business and you lose some tax relief
Make sure you are clear about holding or selling and stick to the plan
BEST MOMENTS
‘It’s called a holding company because it holds all the shares for the SPVs you own moving forward’
‘You lose if you lose trading status’
VALUABLE RESOURCES
[email protected]
ABOUT THE HOST
Shaz Nawaz is a serial entrepreneur; he owns five thriving businesses in diverse sectors.
Shaz is committed to helping business owners build successful businesses. Having conducted over 3,000 business growth consultations he has helped his clients generate millions in additional profits. His purpose is to inspire business owners to build businesses that are hugely profitable and sustainable.
He is a huge advocate of having multiple streams of
income. He has written a number of business books and regularly contributes articles to mainstream media outlets.
You can find Shaz on:
Facebook
LinkedIn
Instagram
YouTube.
He shares invaluable content on why setting up a holding company provides the flexibility you need to be able to scale and grow and explains why when you are a trading company there are potentially useful tax reliefs available
KEY TAKEAWAYS
Only do one commercial conversion per company at any one time
Before you do your first commercial conversion set up a holding company
A holding company gives you the flexibility to move finance around
You can have different classes of shares
A trading structure is when you buy, refurbish, and sell properties
If it’s a trading structure when you sell shares in the company you can claim substantial shareholding exemption
If you are holding properties the company becomes an investment business and you lose some tax relief
Make sure you are clear about holding or selling and stick to the plan
BEST MOMENTS
‘It’s called a holding company because it holds all the shares for the SPVs you own moving forward’
‘You lose if you lose trading status’
VALUABLE RESOURCES
[email protected]
ABOUT THE HOST
Shaz Nawaz is a serial entrepreneur; he owns five thriving businesses in diverse sectors.
Shaz is committed to helping business owners build successful businesses. Having conducted over 3,000 business growth consultations he has helped his clients generate millions in additional profits. His purpose is to inspire business owners to build businesses that are hugely profitable and sustainable.
He is a huge advocate of having multiple streams of
income. He has written a number of business books and regularly contributes articles to mainstream media outlets.
You can find Shaz on:
YouTube.
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