Application to register a Private Company limited by shares
Please state number of shareholders
What is a company shareholder?
Shareholders are the owners of companies limited by shares. They are also called ‘members’ and they agree to become part of a company by taking a minimum of one share in it. The quantity and value of the shares held by each person represent how much of the business they own. In turn, this determines their decision-making power, their profit entitlement, and the extent of their personal liability for debts.
A shareholder can be an individual person, a group of people, a partnership, another company, or any other kind of organisation or corporate body. As the beneficial owners of a limited company, they are not involved in day-to-day management or financial affairs. These duties are the responsibility of directors. Members do, however, have the ultimate overriding authority and can also appoint themselves as directors. This means you can set up a limited company on your own and assume both of these roles.