Sharepack
What is a Sharepack?
A company limited by shares will necessarily have members (shareholders). It is a legal requirement, placed on companies by the Companies Act 2006 to both keep a register of its members (section 113) and issue the appropriate share certificates (section 769).
Our Sharepack product provides legally binding proof of shareholdings which can be put to use in the event of a dispute between the company directors/secretary/shareholders. It is also useful as your bank may need to see the share certificates before they allow you to open a business bank account. Similarly your account may wish to see your share certificates and/or register of members before preparing your company accounts.
This product can be purchased as an extra when ordering a company formation
Sharepack Includes:
- Register of Members (another name for shareholders).
- Application for Shares letters for each shareholder.
- Minutes of Directors meeting (Approving applications for shares).
- Allotment Journal (Company document recording the allocation of shares).
- Printed share Certificates for each shareholder.
