How many shares should my new Company issue?

Unless you have unusual circumstances, the number of shares issued for your company would be 100, and the value of the shares are normally £1 each. There’s not always an actual payment associated with this. The share allocation is split amongst the shareholders and this split will determine the proportion of profit each will receive if dividends are agreed and paid.

The type of shares are normally described as ‘Ordinary shares’. There needs to be at least one shareholder, and one Director appointment to your new company.