Form a company - add share capital information
When forming a company, the fourth step is to assign shareholdings for the company, and shares to shareholders.
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Under Share capital, select Add share class.
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Select the Share description to be used and enter the information for the share class. the Total payable amount is automatically calculated.
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A generic set of Prescribed particulars are supplied, but you can add your own. Select Edit.
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Enter the desired text and select Save share class. The Shareholdings tab is enabled and displays each person who has been added as a shareholder in Step 3: Relationships. To revert back to the generic prescribed particulars, select Reset.
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Select Add shareholding.
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Select the Share class type and add the Number of shares allocated to the individual. Total payable and Total paid is automatically calculated. Select Save.
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Repeat the process for all shareholders.
All shares need to be allocated to all shareholders before submitting the company to Companies House.
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Select Save & continue.
The next step is to add the articles of association.