Share certificates are used to confirm the percentage of ownership allocated to each shareholder (owner).
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Companies are registered with a certain amount of authorized shares (normally 100, 1000 or 10 000 shares), which must be allocated to shareholders (owners) after the company registration is completed.
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A single director can also issue all of the shares to themselves and be the only shareholder of the company.
Share Certificates
What are share certificates and do I need them?
Updated over 3 years ago