Right,
I've been on the phone to various places to get an answer to this but so far fallen short of getting the answer I need.
I started my limited company up on 3rd April 2007, and the shares are split as follows:-
myself - 500 @ £1
partner - 500 @ £1
Does this mean that with the valuation of the shares, we should both be expected to put £500 each of our own money into our business bank account to start the business up?
I've been on the phone to various places to get an answer to this but so far fallen short of getting the answer I need.
I started my limited company up on 3rd April 2007, and the shares are split as follows:-
myself - 500 @ £1
partner - 500 @ £1
Does this mean that with the valuation of the shares, we should both be expected to put £500 each of our own money into our business bank account to start the business up?
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