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promoter

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA LW Exams › promoter

  • This topic has 1 reply, 2 voices, and was last updated 8 years ago by AvatarMikeLittle.
Viewing 2 posts - 1 through 2 (of 2 total)
  • Author
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  • September 15, 2017 at 4:38 pm #407678
    Avataradarsh1997
    Participant
    • Topics: 646
    • Replies: 282
    • ☆☆☆☆

    I am referring to the following post:
    -https://opentuition.com/topic/promoter/

    – I’ve not got your point here.
    1.Your client ask you to form a company.
    2.You form a company on behalf of your client.
    3.But, acting in your professional capacity to form a company for your clients did not make me a promoter.

    4. Then who forms the company? Who is the promoter?

    September 15, 2017 at 5:19 pm #407682
    AvatarMikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23368
    • ☆☆☆☆☆

    I form the company

    But I’m acting as the agent of my clients … it is they that are interested in forming a company and in running the company after its formation so it’s my clients that are the promoters

    I’m just the agent

    OK?

  • Author
    Posts
Viewing 2 posts - 1 through 2 (of 2 total)
  • The topic ‘promoter’ is closed to new replies.

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