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Company A lending company B

  • 11-06-2020 6:23pm
    #1
    Registered Users, Registered Users 2 Posts: 539 ✭✭✭


    Hi folks,

    Fairly straightforward question, hoping the answer is the same!

    Person is a Director of Company A and Company B, can that person transfer €1 from A to B and then B transfer it back to A at a later date?

    TIA


Comments

  • Registered Users, Registered Users 2 Posts: 8,827 ✭✭✭Gloomtastic!


    In short, yes. But get professional advice to ensure everything is documented correctly.


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