One of the advantages of using a limited company as the vehicle for your business is that while the company owns all of the business, ownership of the company can be spread among as many people as you like. Most companies start with 100 shares of £1 each. Hence the expression “a hundred pound company”. That means the company has agreed, through its shareholders, to authorise 100 shares. You then decide who gets them. You [...]

Stock transfer form is used to make a private transfer of shares between two parties. In order to validly transfer its shares in the company, the shareholder needed to execute a stock transfer form The stock transfer form / stock form is one of the essential documents used following incorporation of a company. The Stock Transfer Form allows you transfer the legal ownership of company shares to other party. It is appropriate for use when [...]

No one should go in to business blindfolded, so if you are forming a company with someone else then you need to agree a set of ground rules. Set up a shareholders’ agreement to protect each other’s interests. Download a comprehensive template agreement from Net Lawman. All the shareholder agreements lay out the terms of business for new or existing companies needing to protect shareholders against:  Lender warranties and borrowing money,  Consequences of [...]