When you set up a company, you will decide on the number of share capital and its value per share. This is then included in the company’s Memorandum of Association.
This sets out:
- the amount of share capital the company will have
- the division of the share capital
- the founders of the company who will need to sign on the memorandum and state the number of shares subscribed by them
Posted in: Company Directors and Shareholders FAQs