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Registration of UK Limited Companies!
The following information is provide by Companies House website.
What is share capital?
When a company is formed, the person or people forming it decide whether its members' liability will be limited by shares.
The memorandum of association (one of the documents by which the company is formed) will state:
the amount of share capital the company will have; and
the division of the share capital into shares of a fixed amount.
The members must agree to take some, or all, of the shares when the company is registered. The memorandum of association must show the names of the people who have agreed to take shares and the number of shares each will take. These people are called the subscribers.
BACK TO COMPANY REGISTRATION GUIDANCE
Source:
http://www.companieshouse.gov.uk/about/gbhtml/gba6.shtml#one
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