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