ABSTRACT
Here you fill find everything you need to set up a private limited company in England or Wales, organised as follows: ❍ one or more directors to manage the company; ❍ a company secretary (who can be a director but not
the only director); ❍ nominal share capital of £10,000 made up of 10,000
shares of £1 each. Have no fear! This does not mean you actually need to put £10,000 into the company – the nominal share capital represents the shares you are allowed to allot. You can form your company with a minimum of one share – so if this share has a nominal value of £1, the liability of the subscriber (that is, the first shareholder) is limited to £1.
