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  1. #1
    The Amazer is offline Junior Member
    Join Date
    Feb 2011
    Posts
    1

    Share Allocation

    Howdy
    we have a new business we want to start and have been on for about 2 years now we are ready to launch. we have a share question to file our company which is a Pty Ltd one.
    there are 6 of us 4 have been allocated 15% of shares if we have a starup share base of 10,000 shares. 1 is at 13% and the other who is doing a lot of the set up work has been allocated 27%.
    My question is when we register under what code, are they put under, should these be all A class shares.
    then start up capital is the same for each or should it be varied, amount of paid shares and unpaid shares.
    If we say each share is worth 1c then do we put in $15, $13 and $27 for a 100% paid share or what other ways can it be done.
    I know this may be a simple question for some and so in my ignorance i would appreciate any help and have a lovely day as it is here.

  2. #2
    awayoflife is offline Senior Member
    Join Date
    Dec 2008
    Location
    Dublin, Ireland
    Posts
    141
    Drop in to a free legal advice centre or something

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