I work for a small company that recently entered into a JV with another company. My employment is set to be moved to the now new "JV company". The scope of my job has also changed and as a result there may be an opportunity for me to do work for multiple related companies.

Is it better for me to start my own company and to invoice the entity monthly (on the basis that I will be invoicing other entities as well)? Or should I just become an employee of the new JV company?

Does anyone have any insight into which is the most tax efficient route?

Also, what do I risk losing from going to employee to director of my own company with a committed monthly income considering I have vehicle and home financed in my personal capacity?

Any and all advice will be appreciated.

Thank You!