All UK Private Limited Companies must have at least one shareholder – so it’s an important appointment to get right (and to get it right first time as errors made at the formation stage aren’t easily fixed). Here are some pointers to make sure you get off to the perfect start:

Make sure you have the correct information

You require the following information for each shareholder appointment:

• Name – keep in mind when opening a new business bank account the shareholder name needs to match that on the passport or driving license
• Address – this can be any address that the shareholder has permission to use (it doesn’t need to be the registered office or residential address)
• 3 pieces of security information – we ask for the shareholder’s eye colour, town of birth and telephone number

You can appoint another business as a shareholder Continue reading →