For a company to be an MSC, it must fulfil all 4 conditions of section 61B (1), Chapter 9, Part 2 ITEPA.

First condition

The company's business must consist wholly or mainly of providing, directly or indirectly, services of an individual to third party clients.

Second condition

The individual (worker) supplying their services to the third party client receives payments (or an aggregate of payments and benefits) from the service company equal to the greater part of the sums received by the service company from the client for the services provided by the worker.

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