webmonkey
28th January 2006, 22:10
Hi
My company has been employing the services of a Romanian company over the last two years working on various web projects. I am now looking to launch a new software business and to keep development costs down I am looking to offer the Romanian company 20% equity in the new company
There role will be to provide the technical side and we will be doing the marketing etc so there investment will be based on $50k of manpower etc
What would the best way to structure this be (it has been suggested we use holding companies) as the romainian team will not be involved with the running of the business on a daily basis
Thanks in advance :)
My company has been employing the services of a Romanian company over the last two years working on various web projects. I am now looking to launch a new software business and to keep development costs down I am looking to offer the Romanian company 20% equity in the new company
There role will be to provide the technical side and we will be doing the marketing etc so there investment will be based on $50k of manpower etc
What would the best way to structure this be (it has been suggested we use holding companies) as the romainian team will not be involved with the running of the business on a daily basis
Thanks in advance :)