What to keep in mind
Define positions, qualification standards, reporting lines, pay, performance review and related-party approvals.
Unjustified benefits may become corporate or shareholder disputes.
Distinctions often confused
Payment for actual work is different from a shareholder dividend.
Frequently asked questions
Should relatives be paid according to clear roles?
Yes, with appropriate criteria and documentation.
Can a shareholder be employed by the family business?
Potentially, while keeping the different legal capacities clear.
Informational content. It is not a substitute for professional advice.