If the answer to any of the above questions is ‘yes,’ then you may wish to consider issuing bonus shares.
Bonus shares are shares allotted to existing members of a company pro rata with the shares they already hold. Instead of being paid for by the shareholders, the shares are paid for by the company out of its accumulated profits. This is useful in a variety of circumstances where it’s desirable for profits to be used as payment for additional shares, rather than to finance the payment of a dividend.
Bonus share issues can be tricky and easy to get wrong, especially where a company has a large number of existing shareholders, or multiple classes of shares. We take the hassle out of the process and ensure that everything is done correctly.
We provide everything required to be legally compliant, including:
- minutes of directors' meetings
- notices of shareholders' resolutions
- shareholders' consents to resolutions
- notices for Companies House
- completed official forms for Companies House
- our straightforward, step by step guide to completing the procedures
If required, we can supply share certificates at a small extra cost.
If the company is a ‘single person’ company, with just one director/shareholder, appropriate alternative documentation is provided.
Our charge for most bonus issues is £175 + VAT. However, because every company is different, we need to study the company’s filing history to ensure that there are no complicating factors – for example, some companies’ articles will need to be updated to remove an authorised share capital limit. Please complete our quick quote form below and we will be in touch as soon as possible with a firm, no-obligation quote.
|Bonus shares||From £175.00 + VAT||Quote|
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