12 October 2011
Hi I am a recently qualified CA having a sole prop firm with full time COP. But due to lack of work, I am also desirous of working in my family business and hence, would like to become a part of our Pvt Ltd Co. But there is this issue of directorship. Can I become a director of a Co. in which max shares are held by my family members? Or should I work as an employee and in that case, full time or part-time? Kindly guide me the way through this problem.. and also tell me what application forms are to be submitted in this concern...
12 October 2011
Agree with co-expert. It is better to provide professional service and receive fees in the name of your firm. You can take care of business as a professional too.