Share buy-back can be a particularly clever tools for your companies to manage the share register and provide a tax effective result for a shareholder exit. In a share buy-back, a company offer its current shareholders to sell their shares back to the company. Once the sale is agreed, the company immediately cancels the shares, reducing the total number of shares and it may result in return surplus fund to the shareholder group. However there are numerous procedure and paper work to comply with.

As this method is unquestionably confusing, it is best to leave it for our experienced Perth accountant. Before we start, we will look at your overall business and financial position and our tax accountant in Perth will advice you the pro and cons of undertaking share buy back procedures.

Call one of our accountants in Perth now to discuss if this procedure will benefit your company and shareholders.