When forming a limited company you will need to issue at least one share to a share holder. Shares represent an individual member’s interest in a company and total value of all the shares is called the company’s share capital.

Since October 2009 a company is no longer required to have an authorised share capital and thereby limit it’s share capital. Wisteria Formations normally recommend clients issue 100 shares, as if you decide to change the shareholding in the future, it will be much easier to distribute ownership of the company with 100 shares.

Shares may be issued in only whole numbers and can be issued in joint names to a person of any nationality or residence. Share certificates are normally provided as evidence of ownership of the shares.

For more information on company shares please visit our new Wisteria Formations video guide “Shareholding” which you can find at the following link:

http://www.youtube.com/watch?v=lwdEdIP0az0

Wisteria Formations have a simple and easy company registration process for £24.99. You also receive a free one hour consultation with either a Chartered Accountant of Tax Adviser which is worth up to £250.

Please follow the link to start your company formation and contact our support team with any questions you may have or for further advice.

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