Is it legal to have two contracts with your own ltd company?
started this topic @ 19:16 on 04/02/2012
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I'm soon going to register a limited company in the UK. I know that any ltd company is a separate entity and to get paid I as a director of the company have to sign a contract. However, would it be legal for me to sign a contract in the UK and another one in Poland (where I'm from)? As a director I would have a conctract in England, but I am also a web designer and would like to sell the website I create to the company. In Poland there are so-called "contracts for a specific work" (German: Werkvertrag) and a freelancer doesn't have to be registered as a self-employed. It's enough to sign a contract and sell the work to whoever you deal with. I know that according to the EU laws if a company and its contractor come from different countries, the company can decided on which legal system to choose (in this case: English or Polish). I'm not sure whether there are any restrictions or not.
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RE: Is it legal to have two contracts with your own ltd company?
| 26/03/2012 09:54 PM
You can sign an employment contract with the company in UK and also a separate software sale contract.
However, as a director you will have a fiduciary duty to the UK company so you need to consider whether it is the best option for the UK company to buy the software.
Employment contract would be better to be under the laws of England & Wales and software sale contract can be any (whichever is nest for you I guess).
If you need more information or assistance with the UK company formation, please contact me at email@example.com