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INVESTMENTS IN LLCS
Posted: 21 Jun 2022 12:27 UTC  Post #1
mamarika
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A white "LLC" is created by three co-founders: the owner of the business idea and two investors. Will I have to pay taxes on the investment (working capital) in the LLC? Can the investor in the future try to call the "investment" as a "loan" and make the "LLC" responsible for the obligations (to pay the loan)? If this is possible, how to properly enter the investment into the "LLC" to exclude the possibility of claiming money from the company?
Posted: 22 Jun 2022 11:06 UTC  Post #2
bossboja
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1. You won't have to.
2. No, authorized funds are not a loan, you can take the authorized capital only when withdrawing from the membership of the founders, drawing up an application, minutes of the meeting and other paperwork when withdrawing.
I remember setting up a vermont llc with a comrade. We worked together for a year. Then he started to ask for the money invested, even though they were both investors. Well, he got it only when he left the founders. Lost more than invested.
Last edited: 22 Jun 2022 15:07 UTC by bossboja
Posted: 23 Jun 2022 03:21 UTC  Post #3
charli90
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No taxes are paid on the share capital at all. And it is not only possible, but necessary to spend it, if it comes to money.
Posted: 27 Jul 2022 11:59 UTC  Post #4
MarselDurest
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