Every company limited by shares must issue at least one share to a shareholder. You no longer need to have a cap limit on the amount of shares that the company can issue when registering the company and you can appoint yourself as the sole director of the company as the only shareholder.

Shares represent ownership of a company and the shareholders of a company can influence who runs the business and are involved in key decisions.

When setting up a company with Wisteria Formations, the default allotted shares is 100 each at a value of £1. This default is a simple recommendation by Wisteria Formations since it is easily divisible. However you may issue any amount suitable to your situation.

Initial shares issued, referred to as subscriber shares are often issued at par, whereas shares issued subsequently are often issued for a premium. For more information on shares please visit www.businesslink.gov.uk which is a great source of information for new company formations, or for any other questions and advice please contact Wisteria Formations UK support team on 0844 893 0808 who will be happy to assist.

To start your company incorporation now, please follow the link below:

https://www.wisteriaformations.co.uk/uk_company_registration