Share certificate- download free template

November 11, 2021

A share certificate is a formal certificate issued by a company to a shareholder to certify that they are registered shareowners in the company from a particular date. The Companies Act 2006 stipulates that a company must issue a share certificate when any shares are issued.  

Share certificates must be issued to shareholders within: 

  • Two months after the initial company registration. 
  • Two months of issuing new shares to the shareholders. Note -the Same time limit should be applied when transferring shares.  

Share certificates information 

A share certificate should have the following information: 

  • Authorising signatures – two executives, an executive and a witness or an executive and the company secretary. 
  • Certificate number  
  • Company name and registration number 
  • The registered office of the company 
  • Name and address of the shareholder 
  • Quantity, nominal value, and type of share issued – for example, 1 x £3 Ordinary Share. 
  • Show if shares are partly paid, fully paid or unpaid. 

Where to get Share certificates  

You should receive your first share certificates from your company formation agent along with your incorporation documents after incorporation. If you register the company yourself, you will need to create your own Shareholder Certificate. 

Alternatively, you can download our free share certificate template (attached below) if you need to issue more certificates to new shareholders. This can also be used when you create new shares or sell your existing ones. 

How to issue share certificate 

A shareholder should be issued with one certificate for each class of shares taken on a particular subscription or transfer date – regardless of the number of shares. It is unnecessary to create separate certificates for each share of the same class if they are issued on the same date. However, if a shareholder takes more than one class of shares, a separate certificate should be issued for that class. 

If there is a situation where more than one person owns the same share, only one certificate needs to be issued although the shareholders can duplicate the certificate for their records if they want. 

When to issue a new certificate 

The company can give another share certificate to a shareholder who: 

  • Loses their share certificate. 
  • Whose certificate gets significantly damaged. Note – damaged certificates must be returned to the company to be destroyed. 
  • Changes their name. There is no need to obtain a new certificate if a shareholder changes their address – you should update the statutory register of members instead.  

Download the free Share Certificate template now!

more tips

Can You Claim Food as a Business Expense?

The golden rule when claiming business expenses is that the cost must be “wholly and exclusively” for business purposes. So, where do you stand when it comes to food and drink? After all, everyone needs these things to survive. When does it become an allowable expense? Read on to find out when your business can claim food and drink as an expense.
READ MORE

Self-Employed National Insurance Class 2 and Class 4 Rates

If you are sixteen and over, self-employed (sole trader or in a partnership) and making a profit befitting the ‘small profits threshold’, you are liable to pay national insurance.
READ MORE

Key UK Personal Tax Year Dates & Deadlines 2021/2022

Are deadlines creeping up on you? Spondoo is here to ensure you keep on top of things and take control again. These are the important dates you should take note of.
READ MORE

How To Set Up A Limited Company 

A Step-by-Step Guide  This is an easy-to-understand, step-by-step guide, to opening a successful limited company. But before we dive in, let’s check the legality surrounding it. 
READ MORE

Accountants in Haslemere, Surrey

We are qualified accountants providing personal and professional services for start-ups, established companies and individuals in and around the Halsemere area in Surrey. With the rise in technology, we have embraced the digitisation of accounting using efficient digital accounting tools to offer reliable services to our customers. Our goal remains to get our clients the best accounting and taxation services at the most affordable rates.
READ MORE

Onsite Canteen and Lunch Vouchers - Are They Taxable?

The provision of food and drink to an employee by their employer is a lovely thing to do. Eventually, it promotes teamwork, loyalty, a sense of belonging and even improves productivity. Taking it at face value makes it look like a simple act of kindness. However, unless it is done correctly, it can cause tax and national insurance compliance issues for the employer.
READ MORE
1 2 3 9
LEARN MORE
Information provided on the site is merely guidance that may change in line with UK law and regulations. Users must not consider this to be financial advice or their sole resource when making any financial decision. Spondoo is a trading name for Accounting SQL Limited, authorised & license accounting firm under the Institute of Financial Accountants.

4.9

Arnie Ayton accountant ratings on VouchedFor
Arnie Ayton accountant ratings on VouchedFor
© Copyright 2020 - Spondoo - All Rights Reserved
linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram