Issue of Shares Service£59.99 +VATBuy Now

The issue of shares is essentially the process by which companies create new shares to pass onto shareholders, who may themselves be new or existing shareholders. Companies can issue shares to both individuals and corporate bodies.

Need your issued shares to show on Companies House straight away?

Details of issued shares will not be updated on the Companies House register until after the filing of the next confirmation statement. If you wish your issued shares to show on Companies House straight away, you can add the Confirmation Statement Service to your order at the discounted price of £24.99 plus VAT (including Companies House filing fee).

What's included in our price?

We will prepare the following documentation:

  • Application Letter: All shareholders wishing to buy new shares, should sign a letter addressed to the company, applying for new shares, and agreeing to take them in accordance with the company’s constitution.
  • Special Resolution (where applicable): If a company is issuing more shares to a new shareholder, the existing shareholder(s) must pass a special resolution to approve the increase in share capital and disapply pre-emption rights.
  • Meeting Minutes: Companies are required by Companies Act 2006 s.248 to maintain minutes of all meetings of the directors and for these to be available for inspection by any director. The directors should approve minutes to allot new shares to the persons applying for them.
  • Return of Allotment of Shares (Form SH01): This form is used to increase the share capital of a company, and it must be completed and delivered to Companies House within one month of any issue of shares, otherwise an offence is committed by every officer of the company who is in default (under Companies Act 2006 S. 557).
  • Share Certificate(s): Companies are required to issue share certificates to shareholders within two months of an issue of shares or the date when the documents necessary to effect the issue have been received by the company.

How it works:

  • Click on the ‘Buy Now’ button.
  • Enter the required details and complete the application form.
  • Checkout and pay.
  • We will prepare Form SH01 and file it at Companies House online. We will also prepare all required documentation.
  • You will receive digital documents in 2-3 working days by email, including the application letter, board resolution, meeting minutes and share certificate(s).
  • The special resolution requires to be signed, and returned to our offices, for onward submission to Companies House.
  • If required we will file a confirmation statement to record the share transfer(s).

Important points to note:

  • *Updated Statutory Registers are not included.
  • *Documents will be delivered by email. Printed documents are available for an additional fee.
  • *Changes will not be visible on public record until Form SH01 and a confirmation statement are filed at Companies House.
Issue of Shares £59.99 +VAT

Click ‘Buy Now’ and complete the application form with details of the limited company shares you wish to issue.

Frequently asked questions

When will my documents be ready?

Documents will be sent to you by email within 2-3 working days, after all required information is provided.

Are there any restrictions on ordering our share transfer or share issuing services?

These services are only available to clients who set up their company through our websites, using our model articles of association. We do not offer these services to any clients who imported their company to our portal or formed their company somewhere else or used their own articles of association for the company formation.

What information do I need to provide about a new shareholder?

  • Full Name
  • Service Address (This address will be displayed on the share certificate)
  • The number of shares being transferred or issued
  • If the new shareholder is also a PSC (person with significant control), then we also need his or her residential address, date of birth and nationality

What class of shares can be issued?

For most companies, only Ordinary shares can be issued. Creation of additional share classes or amendments to the article of association are not included in this service, and must be purchased separately (speak to the Company Secretarial team by calling us on 020 7871 9990 or emailing us on cosec@rapidformations.co.uk for more information).

What is stamp duty?

Shares in excess of £1,000 incur a tax or duty of 0.5% on the transaction, which will be rounded up to the nearest £5.00. If you buy shares using a stock transfer form, you should send the form to HMRC for stamping, with stamp duty paid no later than 30 days after the date of the transfer. Your guidance booklet will explain what you need to do here.

Example - If you buy shares worth £1,050, you’ll pay 0.5% on this amount which is £5.25. Therefore the amount of £10 is payable in Stamp Duty.

What is a confirmation statement?

A confirmation statement (previously known as the annual return) is a report containing accurate and up-to-date information about a limited company on a certain date. The purpose of filing a confirmation statement (at least once every 12 months) is to confirm the limited company details, and report to Companies House any changes to shareholders' details and/or issued share capital.

Why should I file a confirmation statement?

If you would like to see updated shareholders' information on Companies House records, you should file a confirmation statement, otherwise new shareholders will not be visible until the next confirmation statement is filed. Most banks will request that up-to-date shareholder information is recorded at Companies House.

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