Hi Everyone,
I know that everyone get's sick of these "how to add a shareholder" threads. I've been lurking and trying to find something that applies to my situation but I can't really find anything.
My partner (boyfriend) has just set up a Limited Company with him as the Director and 100 shares. Before he set this up, he asked if I wanted to be added and I said no (stupidly) because I didn't want the hassle attached to it - despite knowing was going to be doing work in some capacity for the company anyway.
On reflection I've decided that it makes sense for me to be a Director and Shareholder as it was both of our brainchild and idea, etc. And eventually I would like to run it as well. Again, why I said no in the first place was stupid so it's my own fault.
He has since added me as a Director of the company and I believe that has gone through just fine. The only other thing left is Shares. What is the best way of me acquiring them in the company? Should I buy them off of my partner, he gift them, we add more? I'm only wondering as if anything does go South at any time I won't be losing out entirely.
Also what do you think is the best way to split them, 50/50, 40/60? He's willing to add me as a shareholder also we just aren't sure the best way to go about it.
At the moment we haven't taken any money in just in case that makes any difference, but I believe it will start generating some within the coming weeks so better to act sooner than later?
I appreciate any help! Thanks
I know that everyone get's sick of these "how to add a shareholder" threads. I've been lurking and trying to find something that applies to my situation but I can't really find anything.
My partner (boyfriend) has just set up a Limited Company with him as the Director and 100 shares. Before he set this up, he asked if I wanted to be added and I said no (stupidly) because I didn't want the hassle attached to it - despite knowing was going to be doing work in some capacity for the company anyway.
On reflection I've decided that it makes sense for me to be a Director and Shareholder as it was both of our brainchild and idea, etc. And eventually I would like to run it as well. Again, why I said no in the first place was stupid so it's my own fault.
He has since added me as a Director of the company and I believe that has gone through just fine. The only other thing left is Shares. What is the best way of me acquiring them in the company? Should I buy them off of my partner, he gift them, we add more? I'm only wondering as if anything does go South at any time I won't be losing out entirely.
Also what do you think is the best way to split them, 50/50, 40/60? He's willing to add me as a shareholder also we just aren't sure the best way to go about it.
At the moment we haven't taken any money in just in case that makes any difference, but I believe it will start generating some within the coming weeks so better to act sooner than later?
I appreciate any help! Thanks
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