Understanding Shareholders in a Limited Company: Explained in Detail

[@musicjunk8266]

What if a shareholder owns 1/3 of the shares in a private company but otherwise has nothing to do with it? Will they receive a third of the profit if the company was liquidated?

[@yourcompanyformationsltd]

This would depend on the particulars assigned to the shares. If we assume there is only one share class, then the shareholder with 1/3 would receive 1/3 of the profit.

[@musicjunk8266]

@@yourcompanyformationsltd in this case there are two classes of share, what then?

[@yourcompanyformationsltd]

@@musicjunk8266 In which case, you will need to establish if there are differences in profit distribution. If there isn't a difference, then the share will still be equal.

[@fifthrow2047]

Do you provide business bank account on international package?

[@yourcompanyformationsltd]

We do have some options for international clients. However, it's very important to understand that it is down to the bank and its latest acceptance policies as to whether or not you will be accepted. Currently, over 85% of international clients who apply for a bank account get accepted. If you purchase a package from us, you will be presented with the most relevant banking options after payment, you can then proceed to apply to the chosen bank.

[@jtlondon81]

Hi I am the sole sharehoder and director of a ltd company in a property investment, however I would like to split half the company in every way with equal shares with my new business partner who will then own half the property in tje company, however i take it they would they also then automatically take on 50% of the debts the company also has? Thanks

[@yourcompanyformationsltd]

Any debts in the company will be owed by the Company not an officer, this comes under the "limited liability" protection offered by a company. The officers of a company will be responsible for the running of the company.

[@jtlondon81]

@@yourcompanyformationsltd ah i see so the directors and shareholders are not liable