Registering with Companies House, /biz/
How many shares do I issue, and at what price?
Is a shareholder's agreement necessary (the directors will be myself and 2 friends of mine)?
Am I in over my head or do I just need to educate myself more first?
>>1167509
Oh and to add, would we need 100% of our statement of capital when setting it up, if we have no current plans to transfer our shares?
>>1167509
>UK
Not sure. In the US you just have to say how many shares are available and who your executives are. Shareholders agreement could be very helpful regardless. Honestly, just cough of the cash to get a lawyer to walk you through it.
>>1167567
My main query was whether I needed to actually finance my initial shares (since it's unlikely I'll have the money)
I'll consider that though thanks
bump
>>1167971
No the shares are valued later. Initially.
You could put in 0$ have 90% of the shares and 1 guy put in $1M for 1% shares. and 1 guy could have 9% of the shares with 75% of the voting rights.
THe number of shares can be split and reverse-split later at any time to create what ever dissolution you choose.
What ever is the companies value if you've got $1000 in the business bank account and a gorrillian shares the value per share is 1k/gorillian. or 1 chimpillionth of a dollar.
Its nothing worth worrying about you just put something arbitrary and according to the agreement between you and your buddies.
>>1167509
Just say its 100 shares at 1 pound each, thats what I do.
>>1168919
This clears a lot up, thank you!
>>1168946
sell me some shares
>>1170231
when i'm balling anon
>>8341169
>>>8341169
>>1171182
im that forex tradeing anon from alaska hit me up [email protected]
