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There is no problem in both of your being shareholders of the company and then draw dividends out of profits.
As from 6 Apr 2016, there is no dividend tax credit. The dividends you draw are distribution of taxed profits in the company. You could both draw £5,000 each and not suffer any UK income tax.
Your husband would have to declare this investment income to the tax authorities where he resides and this income may become taxable there ..
As far as salary goes, if he is a sleeping director and does not take active part in the running/management of the organisation, HMRC may take a dim view of this. Moreover, he would have to declare this to local tax authorities (same as dividends).
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