Online Share broker; holding shares via a company

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Forums › Finance and wealth management › Online Share broker; holding shares via a company

andysh

228 posts

Master Geek

#305942 15-Jun-2023 13:06

I am looking to further invest in some shares, which include international indices but via a company instead of personally.

Does anyone know any online share brokers that has this option? I have reached out to a few and all seem to be personal accounts only.

Referrals:

Tesla: https://ts.la/andrew897313

Sharesies: https://sharesies.com/r/XRGS77

wellygary

8312 posts

Uber Geek

#3090288 15-Jun-2023 13:39

You'll likely need a full service broker, as I suspect the AML/CFL requirements will be different for company transactions versus personal ones,

Also they will need a process to ensure that the person operating the account is appropriately authorised and approved by the company , and whether or not they need to cite documentation for each transaction from management or Shareholders

(Yes I am aware you are likely fill all of the above positions,- but they will want to ensure there is no way you can have transactions "disputed" )

mentalinc

3225 posts

Uber Geek

Trusted

#3090367 15-Jun-2023 15:23

Seems like a weird approach, investing in other companies vs investing in your own.

If you're trying to minimise tax obligations I guess (company tax rate vs person top tax rate), but sounds like some specific and tailored financial advice would be useful.

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