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Create a new holding company
Please advise me on this.
The UK based company has 5 shareholders. Those 5 shareholders want to transfer their shares to a Turkish company so that the Turkish Company then owns the UK based company. The same 5 shareholders will become the shareholders of the company in Turkey.
Can you please explain the procedure UK:
Stock transfer form signed by the shareholders?
Where do they submit this stock transfer form? There is no consideration for transfer, its a share for share exchange...will there be any tax implications for HMRC (stamp duty, CGT)? At
Turkey side: what is required, if you know would be good.