UK New Ltd - Initial Bank Deposit

[Esteban]

hello,
i've incorporated in the UK as a non-resident (sole director) and got my hsbc account up and running. i have not invoiced customers yet and i want to deposit some money (3 or 4k) on the company account to pay a few costs we already have.
what is the right way of doing that? i guess sending money from my personal account to the corporate is perhaps not "clean" from a tax point of view?
thanks
esteban

 

[smallbushelp]

Here in the U.S., funding a corporation can be done in a couple of ways. If this in your initial capital contribution then it would be a purchase of the corporation's stock. If you are expecting the money to be paid back, then it would be considered a loan. Regardless, writing a check to the company from your personal account is fine. Just be sure to document the transaction with a corporate resolution or something similar.

 

[Esteban]

Cheers mate!