As a company owner, you can choose to issue a corporate share through either a share issue or a share transfer.
Share issue involves dividing the company’s ownership into shares and distributing them to new investors, employees or existing shareholders. There are several steps that a Pty Ltd company must take in order to issue shares. These include:
making a directors' resolution to issue shares.
issuing a share certificate to each new shareholder.
updating the register of members.
notifying ASIC of the changes.
On the other hand, a share transfer is similar to a share issue but moves existing shares from one shareholder to another.
When issuing shares, you must ensure that you comply with your company’s Shareholders Agreement, your company’s constitution, and most importantly, The Corporations Act 2001 (Cth).
Knowing how to issue shares is crucial if you want your business to grow.
You will need to consider the particular circumstances of your business when determining when and how much to issue.
Do You Need to Make Changes to Shares?
If you'd like to proceed with the Change Request, please submit your change details via the form link - Company Change
You can access the full article by clicking on this link: Make Changes to My Company
Discover Our Company Price Packages
For more information on our company's pricing packages, visit our Business Registrations page.