{"id":190660,"date":"2024-10-03T02:37:52","date_gmt":"2024-10-03T01:37:52","guid":{"rendered":"https:\/\/legalvision.co.uk\/?p=190660"},"modified":"2024-11-06T00:56:00","modified_gmt":"2024-11-06T00:56:00","slug":"share-capital-requirements","status":"publish","type":"post","link":"https:\/\/legalvision.co.uk\/startups\/share-capital-requirements\/","title":{"rendered":"What Are Share Capital Requirements for Small Businesses?"},"content":{"rendered":"\n<p>Understanding share capital is crucial for small business owners to comply with legal requirements and manage growth effectively. Share capital represents the amount of money a company raises by <a href=\"https:\/\/legalvision.co.uk\/corporations\/share-transfer-and-share-issue\/\">issuing shares<\/a> to its shareholders. This article explores the legal requirements and considerations related to share capital, helping you navigate this critical aspect of company finance.&nbsp;&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">What is Share Capital?<\/h2>\n\n\n\n<p>Share capital refers to the funds that a company raises from issuing <a href=\"https:\/\/legalvision.co.uk\/corporations\/differences-investor-shareholder\/\">shares to shareholders<\/a>. It can be a crucial source of funding for businesses, enabling them to invest in growth, expand operations, and achieve their strategic objectives.&nbsp;<\/p>\n\n\n\n<p>Issued share capital is the value of shares a company has issued to its shareholders. For example, if a company issues 1,000 shares at \u00a31 each, the total value of its issued share capital would be \u00a31,000. The shareholders who own these shares have a stake in the business. They would typically have voting rights and a claim to dividends.&nbsp;<\/p>\n\n\n\n<p>Share capital can be straightforward for small companies, especially if there is only one shareholder and the company has issued one share. In this scenario, the shareholder owns 100% of the business, simplifying decision-making and control. The sole shareholder has complete control over the company.\u00a0<\/p>\n\n\n\n<p>However, share capital can become more complex in larger companies with multiple shareholders and more intricate share structures. The company might also offer different classes of shares (such as ordinary or preference shares), each with distinct rights.&nbsp;<\/p>\n\n\n\n<p>Share capital is vital to a company\u2019s equity and affects ownership structure, control, and financial stability. It is a way to raise funds without debt, making it an attractive option for startups looking to grow. However, it is more than just a funding tool. It dictates the ownership and control dynamics within your company.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Legal Considerations for Share Capital<\/h2>\n\n\n\n<h3 class=\"wp-block-heading\">1. Minimum Share Capital Requirements&nbsp;<\/h3>\n\n\n\n<p>There is no minimum share capital requirement for private companies. However, public companies must have a minimum share capital of \u00a350,000.&nbsp;<\/p>\n\n\n\n<p>Although private companies are not legally required to have a minimum share capital, having an adequate amount can benefit financial stability and credibility. It is also crucial to review your company\u2019s articles of association and ensure compliance with any specified capital requirements.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">2. Issuing Shares&nbsp;<\/h3>\n\n\n\n<p>When a company issues shares, it must comply with specific legal procedures, including:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>filing the necessary forms with <a href=\"https:\/\/www.gov.uk\/government\/organisations\/companies-house\">Companies House<\/a>, such as the SH01 form, which reports the allotment of shares;\u00a0<\/li>\n\n\n\n<li>updating the company\u2019s register of members to reflect new shareholders and their respective shareholdings; and<\/li>\n\n\n\n<li>issuing share certificates to shareholders as proof of ownership.\u00a0<\/li>\n<\/ul>\n\n\n\n<div  class=\"box box--icon box--info\">\n    <p>Proper documentation and timely filing with Companies House are crucial to ensuring that share issuance is legally compliant. Failure to adhere to these procedures can lead to disputes and penalties.<\/p>\n<\/div>\n\n\n\n<p>Moreover, when a business issues new shares, it can dilute existing shareholders\u2019 ownership, significantly affecting control and decision-making. To protect from ownership dilution, existing shareholders may have pre-emption rights, which give them the right to purchase new shares in proportion to their existing shareholdings before offering them to external investors. These rights come from company law and may also exist within your company\u2019s articles of association. When issuing new shares, you must respect pre-emption rights. Otherwise, you may face legal challenges from shareholders.&nbsp;<\/p>\n\n\n\n    <div class=\"my-7 lg:my-10 border-y-2 border-gray-100 py-7 lg:py-10 flex flex-col sm:flex-row items-start gap-10\">\n                    <img decoding=\"async\" class=\"w-52 mx-auto my-0! rounded\" src=\"https:\/\/img.legalvision.com.au\/wp-content\/uploads\/sites\/4\/2024\/08\/19071324\/LegalVision_UK-Cap-Table-Template.jpg\" alt=\"Front page of publication\"\n                 loading=\"lazy\" width=\"208\" height=\"298\">\n                <section>\n            <div class=\"text-2xl font-bold\">Cap Table Template<\/div>\n            <div class=\"body-text\">\n                <p>Capital raising is a critical time for any startup. Take control of your startup&#8217;s equity with this free cap table template.<\/p>\n            <\/div>\n            \n\n<a href=\"https:\/\/go.legalvision.co.uk\/uk-cap-table-template.html\" class=\" block px-5 py-3.5 max-w-fit bg-orange button__hover transition rounded text-white font-bold text-lg no-underline uppercase leading-tight text-center\" target=\"\" rel=\"\">Download Now<\/a>        <\/section>\n    <\/div>\n\n\n\n\n<h3 class=\"wp-block-heading\">3. Share Capital and Articles of Association&nbsp;<\/h3>\n\n\n\n<p>Your company\u2019s articles of association govern the rights attached to shares and the rules for issuing or transferring them. The articles should specify:&nbsp;<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>the <a href=\"https:\/\/legalvision.co.uk\/corporations\/classes-company-shares\/\">classes of shares<\/a> (for example, ordinary or preference shares) and their rights (such as voting rights and dividend rights); and<\/li>\n\n\n\n<li>the process for issuing new shares or altering share capital.\u00a0<\/li>\n<\/ul>\n\n\n\n<p>You should review and update the articles as necessary to reflect changes in share capital or the company\u2019s corporate structure. For example, there is no maximum limit on the shares a company can issue. However, you can set this upper limit in your company\u2019s articles of association. If you want to adjust it, you must seek agreement from your company\u2019s shareholders to amend the articles.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">4. Altering Your Company\u2019s Share Capital<\/h3>\n\n\n\n<p>A company\u2019s directors must maintain and protect its share capital. However, a company can change its share capital in various ways. Changing share capital requires shareholder approval, filing the necessary forms, and amending your company\u2019s articles of association if necessary. Altering your company\u2019s share capital can be complex and highly regulated, so it is best to seek professional advice.&nbsp;<\/p>\n\n\n\n<p>A company might alter its share capital by reducing it. Improper reduction or return of capital can result in liability for directors, who may be held personally responsible for any losses. Therefore, you must ensure that share capital transactions comply with the relevant legal requirements.<\/p>\n\n\n\n\n<a href=\"#content-next\"\n   class=\"block p-4 mt-10 text-xl font-bold text-center text-white no-underline bg-gray-800 rounded-t-xl\">\n    Continue reading this article below the form\n    <i class=\"text-xl fa-regular fa-arrow-down\"><\/i>\n<\/a>\n<div class=\"px-6 pt-10 pb-12 mb-10 text-center bg-gray-100 rounded-b-xl sm:px-12 test\">\n    <div class=\"mb-8 text-2xl font-bold text-orange\">\n        Need legal advice?\n        <br>\n        <span class=\"text-lg not-prose\">\n                            Call <a href=\"tel:+448081968584\" class=\"not-prose\">0808 196 8584<\/a> for urgent assistance.\n                <br>\n                Otherwise, complete this form, and we will contact you within one business day.\n                    <\/span>\n    <\/div>\n\n    \n\n<div class=\"not-prose flex justify-center text-left gform_input_bg_white    \">\n    <script>\nvar gform;gform||(document.addEventListener(\"gform_main_scripts_loaded\",function(){gform.scriptsLoaded=!0}),document.addEventListener(\"gform\/theme\/scripts_loaded\",function(){gform.themeScriptsLoaded=!0}),window.addEventListener(\"DOMContentLoaded\",function(){gform.domLoaded=!0}),gform={domLoaded:!1,scriptsLoaded:!1,themeScriptsLoaded:!1,isFormEditor:()=>\"function\"==typeof InitializeEditor,callIfLoaded:function(o){return!(!gform.domLoaded||!gform.scriptsLoaded||!gform.themeScriptsLoaded&&!gform.isFormEditor()||(gform.isFormEditor()&&console.warn(\"The use of gform.initializeOnLoaded() is deprecated in the form editor context and will be removed in Gravity Forms 3.1.\"),o(),0))},initializeOnLoaded:function(o){gform.callIfLoaded(o)||(document.addEventListener(\"gform_main_scripts_loaded\",()=>{gform.scriptsLoaded=!0,gform.callIfLoaded(o)}),document.addEventListener(\"gform\/theme\/scripts_loaded\",()=>{gform.themeScriptsLoaded=!0,gform.callIfLoaded(o)}),window.addEventListener(\"DOMContentLoaded\",()=>{gform.domLoaded=!0,gform.callIfLoaded(o)}))},hooks:{action:{},filter:{}},addAction:function(o,r,e,t){gform.addHook(\"action\",o,r,e,t)},addFilter:function(o,r,e,t){gform.addHook(\"filter\",o,r,e,t)},doAction:function(o){gform.doHook(\"action\",o,arguments)},applyFilters:function(o){return gform.doHook(\"filter\",o,arguments)},removeAction:function(o,r){gform.removeHook(\"action\",o,r)},removeFilter:function(o,r,e){gform.removeHook(\"filter\",o,r,e)},addHook:function(o,r,e,t,n){null==gform.hooks[o][r]&&(gform.hooks[o][r]=[]);var d=gform.hooks[o][r];null==n&&(n=r+\"_\"+d.length),gform.hooks[o][r].push({tag:n,callable:e,priority:t=null==t?10:t})},doHook:function(r,o,e){var t;if(e=Array.prototype.slice.call(e,1),null!=gform.hooks[r][o]&&((o=gform.hooks[r][o]).sort(function(o,r){return o.priority-r.priority}),o.forEach(function(o){\"function\"!=typeof(t=o.callable)&&(t=window[t]),\"action\"==r?t.apply(null,e):e[0]=t.apply(null,e)})),\"filter\"==r)return e[0]},removeHook:function(o,r,t,n){var e;null!=gform.hooks[o][r]&&(e=(e=gform.hooks[o][r]).filter(function(o,r,e){return!!(null!=n&&n!=o.tag||null!=t&&t!=o.priority)}),gform.hooks[o][r]=e)}});\n<\/script>\n\n                <div class='gf_browser_chrome gform_wrapper gravity-theme gform-theme--no-framework lawyer-form_wrapper gplaceholder_wrapper form-with-labels-no-asterisks_wrapper has-new-validation-error-styling_wrapper' data-form-theme='gravity-theme' data-form-index='0' id='gform_wrapper_2453' style='display:none'><div id='gf_2453' class='gform_anchor' tabindex='-1'><\/div><form method='post' enctype='multipart\/form-data' target='gform_ajax_frame_2453' id='gform_2453' class='lawyer-form gplaceholder form-with-labels-no-asterisks has-new-validation-error-styling' action='\/api\/wp\/v2\/posts\/190660#gf_2453' data-formid='2453' novalidate>\n                        <div class='gform-body gform_body'><div id='gform_fields_2453' class='gform_fields top_label form_sublabel_below description_below validation_below'><div id=\"field_2453_1000\" class=\"gfield gfield--type-honeypot gform_validation_container field_sublabel_below gfield--has-description field_description_below field_validation_below gfield_visibility_visible\"  ><label class='gfield_label gform-field-label' for='input_2453_1000'>X\/Twitter<\/label><div class='ginput_container'><input name='input_1000' id='input_2453_1000' type='text' value='' autocomplete='new-password'\/><\/div><div class='gfield_description' id='gfield_description_2453_1000'>This field is for validation purposes and should be left unchanged.<\/div><\/div><div id=\"field_2453_1\" class=\"gfield gfield--type-text gfield--input-type-text gf_left_half gfield--width-half gfield_contains_required field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_visible\"  ><label class='gfield_label gform-field-label' for='input_2453_1'>First Name<span class=\"gfield_required\"><span class=\"gfield_required gfield_required_text\">(Required)<\/span><\/span><\/label><div class='ginput_container ginput_container_text'><input name='input_1' id='input_2453_1' type='text' value='' class='medium'     aria-required=\"true\" aria-invalid=\"false\"   \/><\/div><\/div><div id=\"field_2453_12\" class=\"gfield gfield--type-text gfield--input-type-text gf_right_half gfield--width-half gfield_contains_required field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_visible\"  ><label class='gfield_label gform-field-label' for='input_2453_12'>Last Name<span class=\"gfield_required\"><span class=\"gfield_required gfield_required_text\">(Required)<\/span><\/span><\/label><div class='ginput_container ginput_container_text'><input name='input_12' id='input_2453_12' type='text' value='' class='medium'     aria-required=\"true\" aria-invalid=\"false\"   \/><\/div><\/div><div id=\"field_2453_2\" class=\"gfield gfield--type-email gfield--input-type-email gf_left_half gfield--width-half gfield_contains_required field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_visible\"  ><label class='gfield_label gform-field-label' for='input_2453_2'>Email Address<span class=\"gfield_required\"><span class=\"gfield_required gfield_required_text\">(Required)<\/span><\/span><\/label><div class='ginput_container ginput_container_email'>\n                            <input name='input_2' id='input_2453_2' type='email' value='' class='medium'    aria-required=\"true\" aria-invalid=\"false\"  \/>\n                        <\/div><\/div><div id=\"field_2453_3\" class=\"gfield gfield--type-phone gfield--input-type-phone gf_right_half gfield--width-half gfield_contains_required field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_visible\"  ><label class='gfield_label gform-field-label' for='input_2453_3'>Phone<span class=\"gfield_required\"><span class=\"gfield_required gfield_required_text\">(Required)<\/span><\/span><\/label><div class='ginput_container ginput_container_phone'><input name='input_3' id='input_2453_3' type='tel' value='' class='medium'   aria-required=\"true\" aria-invalid=\"false\"   \/><\/div><\/div><div id=\"field_2453_14\" class=\"gfield gfield--type-select gfield--input-type-select gfield--width-full custom-select gfield_contains_required field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_visible\"  ><label class='gfield_label gform-field-label' for='input_2453_14'>Number of Employees in Your Business<span class=\"gfield_required\"><span class=\"gfield_required gfield_required_text\">(Required)<\/span><\/span><\/label><div class='ginput_container ginput_container_select'><select name='input_14' id='input_2453_14' class='large gfield_select'    aria-required=\"true\" aria-invalid=\"false\" ><option value='' selected='selected'>Select ...<\/option><option value='0' >0<\/option><option value='1' >1-5<\/option><option value='6' >6-20<\/option><option value='21' >21-50<\/option><option value='51' >51-250<\/option><option value='250' >250+<\/option><\/select><\/div><\/div><div id=\"field_2453_4\" class=\"gfield gfield--type-textarea gfield--input-type-textarea gfield_contains_required field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_visible\"  ><label class='gfield_label gform-field-label' for='input_2453_4'>Tell us about your enquiry<span class=\"gfield_required\"><span class=\"gfield_required gfield_required_text\">(Required)<\/span><\/span><\/label><div class='ginput_container ginput_container_textarea'><textarea name='input_4' id='input_2453_4' class='textarea medium'     aria-required=\"true\" aria-invalid=\"false\"   rows='10' cols='50'><\/textarea><\/div><\/div><div id=\"field_2453_5\" class=\"gfield gfield--type-html gfield--input-type-html gfield_html gfield_html_formatted gfield_no_follows_desc field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_visible\"  >By submitting this form, you agree to receive emails from LegalVision and can unsubscribe at any time. View our <a href=\"https:\/\/legalvision.co.uk\/privacy-notice\/\" target=\"_blank\">Privacy Policy<\/a>. <\/div><div id=\"field_2453_8\" class=\"gfield gfield--type-hidden gfield--input-type-hidden gform_hidden field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_visible\"  ><div class='ginput_container ginput_container_text'><input name='input_8' id='input_2453_8' type='hidden' class='gform_hidden'  aria-invalid=\"false\" value='http:\/\/legalvision.co.uk\/api\/wp\/v2\/posts\/190660' \/><\/div><\/div><div id=\"field_2453_13\" class=\"gfield gfield--type-hidden gfield--input-type-hidden gform_hidden field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_visible\"  ><div class='ginput_container ginput_container_text'><input name='input_13' id='input_2453_13' type='hidden' class='gform_hidden'  aria-invalid=\"false\" value='generic_form' \/><\/div><\/div><fieldset id=\"field_2453_999\" class=\"gfield gfield--type-checkbox gfield--type-choice gfield__uk-marketo-opt-in field_sublabel_below gfield--no-description field_description_below field_validation_below gfield_visibility_visible\"  ><legend class='gfield_label gform-field-label screen-reader-text' ><\/legend><div class='ginput_container ginput_container_checkbox'><div class='gfield_checkbox ' id='input_2453_999'><div class='gchoice gchoice_2453_999_1'>\n\t\t\t\t\t\t\t\t<input class='gfield-choice-input' name='input_999.1' type='checkbox'  value='1'  id='choice_2453_999_1'   \/>\n\t\t\t\t\t\t\t\t<label for='choice_2453_999_1' id='label_2453_999_1' class='gform-field-label gform-field-label--type-inline'>By submitting this form, you agree to receive content and event invitations from us to help you grow your business. If you do not want to receive such messages, tick here.<\/label>\n\t\t\t\t\t\t\t<\/div><\/div><\/div><\/fieldset><\/div><\/div>\n        <div class='gform-footer gform_footer top_label'> <button type=\"submit\" id=\"gform_submit_button_2453\" class=\"gform_button button\" onclick=\"gform.submission.handleButtonClick(this);\" data-submission-type=\"submit\"><span class=\"gform_submit_button__text\">Submit Now<\/span><\/button> <input type='hidden' name='gform_ajax' value='form_id=2453&amp;title=&amp;description=&amp;tabindex=0&amp;theme=gravity-theme&amp;hash=ec2463697d0d9cef7b71236ae60964c7' \/>\n            <input type='hidden' class='gform_hidden' name='gform_submission_method' data-js='gform_submission_method_2453' value='iframe' \/>\n            <input type='hidden' class='gform_hidden' name='gform_theme' data-js='gform_theme_2453' id='gform_theme_2453' value='gravity-theme' \/>\n            <input type='hidden' class='gform_hidden' name='gform_style_settings' data-js='gform_style_settings_2453' id='gform_style_settings_2453' value='' \/>\n            <input type='hidden' class='gform_hidden' name='is_submit_2453' value='1' \/>\n            <input type='hidden' class='gform_hidden' name='gform_submit' value='2453' \/>\n            \n            <input type='hidden' class='gform_hidden' name='gform_currency' data-currency='GBP' value='yzaGkQ3ek6d034Nyhe4Y+x6j9yDAIaZnlGd2gyEOWZdxNyTh6QE3K6uUsAcgQ9nLCobFj4qeEPa5J5OaVZaiAF0HrE0i0iGslIVW8oWEXVEwCCo=' \/>\n            <input type='hidden' class='gform_hidden' name='gform_unique_id' value='' \/>\n            <input type='hidden' class='gform_hidden' name='state_2453' value='WyJ7XCIxNFwiOltcIjIyODY0N2ViMWU3NTcxZjA4YTY4NGJmMDcwMTk3Y2I0XCIsXCJiMzk3YmQ1MDBmMmFjNjk1ODE4MzdmNTBhYTA2MzQ0OFwiLFwiNGYyNGZkZGEwMzlkNDUxMWFhZGE1NGYwZmQwZmNiZTdcIixcIjUyMmJkMDE2M2I2ZmEwOTI3NDZhZjU5YTg0ZmM1NDk5XCIsXCIzODRlNjk1YjQxMTAzMWFiYmQ2ODEyMGYyZWFhMDYyNlwiLFwiYjkzNDcwNTE2MjkxOGRjZWViMjQzNzRjNmE0NGVmNTlcIixcIjQxMTliODZhMzVjYzJiMWViNDZiMmQ4NjRlNGUzZmNjXCJdfSIsIjQ3MjNiMzA2ZDIyZGVkODA2N2YyMjYyOThkYzI1ODVmIl0=' \/>\n            <input type='hidden' autocomplete='off' class='gform_hidden' name='gform_target_page_number_2453' id='gform_target_page_number_2453' value='0' \/>\n            <input type='hidden' autocomplete='off' class='gform_hidden' name='gform_source_page_number_2453' id='gform_source_page_number_2453' value='1' \/>\n            <input type='hidden' name='gform_field_values' value='' \/>\n            \n        <\/div>\n                        <\/form>\n                        <\/div>\n\t\t                <iframe style='display:none;width:0px;height:0px;' src='about:blank' name='gform_ajax_frame_2453' id='gform_ajax_frame_2453' title='This iframe contains the logic required to handle Ajax powered Gravity Forms.'><\/iframe>\n\t\t                <script>\ngform.initializeOnLoaded( function() {gformInitSpinner( 2453, 'https:\/\/legalvision.co.uk\/wp-content\/themes\/legalv-v6\/img\/spinner.svg', true );jQuery('#gform_ajax_frame_2453').on('load',function(){var contents = jQuery(this).contents().find('*').html();var is_postback = contents.indexOf('GF_AJAX_POSTBACK') >= 0;if(!is_postback){return;}var form_content = jQuery(this).contents().find('#gform_wrapper_2453');var is_confirmation = jQuery(this).contents().find('#gform_confirmation_wrapper_2453').length > 0;var is_redirect = contents.indexOf('gformRedirect(){') >= 0;var is_form = form_content.length > 0 && ! is_redirect && ! is_confirmation;var mt = parseInt(jQuery('html').css('margin-top'), 10) + parseInt(jQuery('body').css('margin-top'), 10) + 100;if(is_form){form_content.find('form').css('opacity', 0);jQuery('#gform_wrapper_2453').html(form_content.html());if(form_content.hasClass('gform_validation_error')){jQuery('#gform_wrapper_2453').addClass('gform_validation_error');} else {jQuery('#gform_wrapper_2453').removeClass('gform_validation_error');}setTimeout( function() { \/* delay the scroll by 50 milliseconds to fix a bug in chrome *\/ jQuery(document).scrollTop(jQuery('#gform_wrapper_2453').offset().top - mt); }, 50 );if(window['gformInitDatepicker']) {gformInitDatepicker();}if(window['gformInitPriceFields']) {gformInitPriceFields();}var current_page = jQuery('#gform_source_page_number_2453').val();gformInitSpinner( 2453, 'https:\/\/legalvision.co.uk\/wp-content\/themes\/legalv-v6\/img\/spinner.svg', true );jQuery(document).trigger('gform_page_loaded', [2453, current_page]);window['gf_submitting_2453'] = false;}else if(!is_redirect){var confirmation_content = jQuery(this).contents().find('.GF_AJAX_POSTBACK').html();if(!confirmation_content){confirmation_content = contents;}jQuery('#gform_wrapper_2453').replaceWith(confirmation_content);jQuery(document).scrollTop(jQuery('#gf_2453').offset().top - mt);jQuery(document).trigger('gform_confirmation_loaded', [2453]);window['gf_submitting_2453'] = false;wp.a11y.speak(jQuery('#gform_confirmation_message_2453').text());}else{jQuery('#gform_2453').append(contents);if(window['gformRedirect']) {gformRedirect();}}jQuery(document).trigger(\"gform_pre_post_render\", [{ formId: \"2453\", currentPage: \"current_page\", abort: function() { this.preventDefault(); } }]);        if (event && event.defaultPrevented) {                return;        }        const gformWrapperDiv = document.getElementById( \"gform_wrapper_2453\" );        if ( gformWrapperDiv ) {            const visibilitySpan = document.createElement( \"span\" );            visibilitySpan.id = \"gform_visibility_test_2453\";            gformWrapperDiv.insertAdjacentElement( \"afterend\", visibilitySpan );        }        const visibilityTestDiv = document.getElementById( \"gform_visibility_test_2453\" );        let postRenderFired = false;        function triggerPostRender() {            if ( postRenderFired ) {                return;            }            postRenderFired = true;            gform.core.triggerPostRenderEvents( 2453, current_page );            if ( visibilityTestDiv ) {                visibilityTestDiv.parentNode.removeChild( visibilityTestDiv );            }        }        function debounce( func, wait, immediate ) {            var timeout;            return function() {                var context = this, args = arguments;                var later = function() {                    timeout = null;                    if ( !immediate ) func.apply( context, args );                };                var callNow = immediate && !timeout;                clearTimeout( timeout );                timeout = setTimeout( later, wait );                if ( callNow ) func.apply( context, args );            };        }        const debouncedTriggerPostRender = debounce( function() {            triggerPostRender();        }, 200 );        if ( visibilityTestDiv && visibilityTestDiv.offsetParent === null ) {            const observer = new MutationObserver( ( mutations ) => {                mutations.forEach( ( mutation ) => {                    if ( mutation.type === 'attributes' && visibilityTestDiv.offsetParent !== null ) {                        debouncedTriggerPostRender();                        observer.disconnect();                    }                });            });            observer.observe( document.body, {                attributes: true,                childList: false,                subtree: true,                attributeFilter: [ 'style', 'class' ],            });        } else {            triggerPostRender();        }    } );} );\n<\/script>\n<\/div>\n<\/div>\n<div id=\"content-next\"><!-- scroll anchor --><\/div>\n<h2 class=\"wp-block-heading\">Key Takeaways&nbsp;<\/h2>\n\n\n\n<p>Share capital is the total value of the funds your company raises when it issues shares. Effectively managing share capital is crucial for companies to ensure legal compliance and support growth. Understanding the legal requirements, such as minimum capital requirements and the process for issuing shares, can help avoid pitfalls, mitigate risks, and maintain good governance. By proactively addressing these aspects and seeking professional advice, you can navigate the complexities of share capital.&nbsp;<\/p>\n\n\n\n<p>If you require legal advice about share capital or issuing shares, our experienced <a href=\"https:\/\/legalvision.co.uk\/startup-lawyers-lp\/\">startup lawyers<\/a> can assist as part of our LegalVision membership. For a low monthly fee, you will have unlimited access to lawyers to answer your questions and draft and review your documents. Call us today on <a href=\"tel:+448081968584\" class=\"AVANSERnumber dynamic-number\">0808 196 8584<\/a> or visit our <a href=\"https:\/\/legalvision.co.uk\/membership\/\">membership page<\/a>.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Frequently Asked Questions&nbsp;<\/h2>\n\n\n\n<div class=\"schema-faq wp-block-yoast-faq-block\"><div class=\"schema-faq-section\" id=\"faq-question-1727919221497\"><strong class=\"schema-faq-question\"><strong>Is there a minimum share capital requirement for private companies in the UK?<\/strong><\/strong> <p class=\"schema-faq-answer\">No, private companies have no statutory minimum share capital requirement, but public companies must have at least \u00a350,000.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1727919232510\"><strong class=\"schema-faq-question\"><strong>What are pre-emption rights?<\/strong><\/strong> <p class=\"schema-faq-answer\">Pre-emption rights give existing shareholders the first right to purchase new shares, protecting them from dilution when a company they hold shares in issues more.\u00a0<\/p> <\/div> <\/div>\n<div class=\"not-prose m-feedback-prompt\">\n    <!-- Thumbs up\/down bar -->\n    <div class=\"m-feedback-prompt__main\">\n        <div class=\"m-feedback-prompt__title\">Was this article helpful?<\/div>\n        <div>\n            <!--span class=\"m-feedback-prompt__button--text\">Thanks!<\/span-->\n            <button type=\"button\" class=\"m-feedback-prompt__button m-feedback-prompt__button--yes\"\n                    data-analytics-link=\"feedback-prompt:yes\" aria-label=\"Agree\">\n                <i class=\"fa-regular fa-thumbs-up fa-3x\"><\/i>\n            <\/button>\n            <button type=\"button\" class=\"m-feedback-prompt__button m-feedback-prompt__button--no\"\n                    data-analytics-link=\"feedback-prompt:no\" aria-label=\"Disagree\">\n                <i class=\"fa-regular fa-thumbs-down fa-3x\"><\/i>\n            <\/button>\n        <\/div>\n    <\/div>\n\n    <!-- Feedback form -->\n    <div class=\"m-feedback-prompt__form\">\n        <div class=\"m-feedback-prompt__form--thanks \">\n            <div>Thanks!<\/div>\n            <p>\n                We appreciate your feedback \u2013 your submission has been successfully received.            <\/p>\n        <\/div>\n        <form id=\"contact-form\" class=\"m-feedback-prompt__form--form\" action=\"\" method=\"post\">\n            <input type=\"hidden\" id=\"authenticity_token\" name=\"authenticity_token\" value=\"11ba8863dd\" \/><input type=\"hidden\" name=\"_wp_http_referer\" value=\"\/api\/wp\/v2\/posts\/190660\" \/>            <input value=\"https:\/\/legalvision.co.uk\/startups\/share-capital-requirements\/\" type=\"hidden\" name=\"currenturl\"\n                   id=\"currenturl\">\n            <input value=\"What Are Share Capital Requirements for Small Businesses?\" type=\"hidden\" name=\"currenttitle\"\n                   id=\"currenttitle\">\n            <label>\n                <!-- display on thumbs-up -->\n                <span class=\"m-feedback-prompt__feedback m-feedback-prompt__feedback--yes\">\n                    Can you tell us <span class=\"font-semibold\">why<\/span> you found it helpful?\n                <\/span>\n\n                <!-- display on thumbs-down -->\n                <span class=\"m-feedback-prompt__feedback m-feedback-prompt__feedback--no text-lg\">\n                    How can we better improve this article?\n                <\/span>\n                <textarea name=\"feedbackmessage\" id=\"feedbackmessage\" required><\/textarea>\n            <\/label>\n\n            <div class=\"m-feedback-prompt__form--error\" id=\"form-submit-error\"><\/div>\n            <button id=\"submit-contact-form-button\" type=\"submit\" name=\"commit\" class=\"m-feedback-prompt__form--submit\"\n                    data-analytics-link=\"feedback-prompt:submit\">\n                Submit            <\/button>\n        <\/form>\n    <\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Understanding share capital is crucial for small business owners to comply with legal requirements and manage growth effectively. Share capital represents the amount of money a company raises by issuing shares to its shareholders. This article explores the legal requirements and considerations related to share capital, helping you navigate this critical aspect of company finance.&nbsp;&nbsp;<a href=\"https:\/\/legalvision.co.uk\/startups\/share-capital-requirements\/\">Continue reading <span class=\"sr-only\">&#8220;What Are Share Capital Requirements for Small Businesses?&#8221;<\/span><\/a><\/p>\n","protected":false},"author":13435,"featured_media":3133,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_relevanssi_hide_post":"","_relevanssi_hide_content":"","_relevanssi_pin_for_all":"","_relevanssi_pin_keywords":"","_relevanssi_unpin_keywords":"","_relevanssi_related_keywords":"","_relevanssi_related_include_ids":"","_relevanssi_related_exclude_ids":"","_relevanssi_related_no_append":"","_relevanssi_related_not_related":"","_relevanssi_related_posts":"","_relevanssi_noindex_reason":"","editor_notices":[],"footnotes":""},"categories":[31],"tags":[117,433,566,951],"class_list":["post-190660","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-startups","tag-startup","tag-ordinary-shares","tag-shareholders","tag-share-capital"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.1.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>What Are Share Capital Requirements for Small Businesses? | LegalVision UK<\/title>\n<meta name=\"description\" content=\"This article explores the legal requirements related to share capital, helping you navigate this critical aspect of company finance.\u00a0\u00a0\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/legalvision.co.uk\/startups\/share-capital-requirements\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"What Are Share Capital Requirements for Small Businesses? | LegalVision UK\" \/>\n<meta property=\"og:description\" content=\"This article explores the legal requirements related to share capital, helping you navigate this critical aspect of company finance.\u00a0\u00a0\" \/>\n<meta property=\"og:url\" content=\"https:\/\/legalvision.co.uk\/startups\/share-capital-requirements\/\" \/>\n<meta property=\"og:site_name\" content=\"LegalVision UK\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/LegalVision\" \/>\n<meta property=\"article:published_time\" content=\"2024-10-03T01:37:52+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-11-06T00:56:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/img.legalvision.com.au\/wp-content\/uploads\/sites\/4\/2022\/05\/24121628\/business-image-052274.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1089\" \/>\n\t<meta property=\"og:image:height\" content=\"726\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Jessica Drew\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@LegalVision_law\" \/>\n<meta name=\"twitter:site\" content=\"@LegalVision_law\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Jessica Drew\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/legalvision.co.uk\/startups\/share-capital-requirements\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/legalvision.co.uk\/startups\/share-capital-requirements\/\"},\"author\":{\"name\":\"Jessica Drew\",\"@id\":\"https:\/\/legalvision.co.uk\/#\/schema\/person\/7a672563f269eb009b1eaefd0625ae36\"},\"headline\":\"What Are Share Capital Requirements for Small Businesses?\",\"datePublished\":\"2024-10-03T01:37:52+00:00\",\"dateModified\":\"2024-11-06T00:56:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/legalvision.co.uk\/startups\/share-capital-requirements\/\"},\"wordCount\":966,\"image\":{\"@id\":\"https:\/\/legalvision.co.uk\/startups\/share-capital-requirements\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/img.legalvision.com.au\/wp-content\/uploads\/sites\/4\/2022\/05\/24121628\/business-image-052274.jpg\",\"keywords\":[\"startup\",\"ordinary shares\",\"shareholders\",\"share capital\"],\"articleSection\":[\"Startup Articles\"],\"inLanguage\":\"en-GB\"},{\"@type\":[\"WebPage\",\"FAQPage\"],\"@id\":\"https:\/\/legalvision.co.uk\/startups\/share-capital-requirements\/\",\"url\":\"https:\/\/legalvision.co.uk\/startups\/share-capital-requirements\/\",\"name\":\"What Are Share Capital Requirements for Small Businesses? | LegalVision UK\",\"isPartOf\":{\"@id\":\"https:\/\/legalvision.co.uk\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/legalvision.co.uk\/startups\/share-capital-requirements\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/legalvision.co.uk\/startups\/share-capital-requirements\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/img.legalvision.com.au\/wp-content\/uploads\/sites\/4\/2022\/05\/24121628\/business-image-052274.jpg\",\"datePublished\":\"2024-10-03T01:37:52+00:00\",\"dateModified\":\"2024-11-06T00:56:00+00:00\",\"author\":{\"@id\":\"https:\/\/legalvision.co.uk\/#\/schema\/person\/7a672563f269eb009b1eaefd0625ae36\"},\"description\":\"This article explores the legal requirements related to share capital, helping you navigate this critical aspect of company finance.\u00a0\u00a0\",\"breadcrumb\":{\"@id\":\"https:\/\/legalvision.co.uk\/startups\/share-capital-requirements\/#breadcrumb\"},\"mainEntity\":[{\"@id\":\"https:\/\/legalvision.co.uk\/startups\/share-capital-requirements\/#faq-question-1727919221497\"},{\"@id\":\"https:\/\/legalvision.co.uk\/startups\/share-capital-requirements\/#faq-question-1727919232510\"}],\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/legalvision.co.uk\/startups\/share-capital-requirements\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\/\/legalvision.co.uk\/startups\/share-capital-requirements\/#primaryimage\",\"url\":\"https:\/\/img.legalvision.com.au\/wp-content\/uploads\/sites\/4\/2022\/05\/24121628\/business-image-052274.jpg\",\"contentUrl\":\"https:\/\/img.legalvision.com.au\/wp-content\/uploads\/sites\/4\/2022\/05\/24121628\/business-image-052274.jpg\",\"width\":1089,\"height\":726,\"caption\":\"What Are Share Capital Requirements for Small Businesses? | LegalVision UK\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/legalvision.co.uk\/startups\/share-capital-requirements\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/legalvision.co.uk\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Startup Articles\",\"item\":\"https:\/\/legalvision.co.uk\/category\/startups\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"What Are Share Capital Requirements for Small Businesses?\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/legalvision.co.uk\/#website\",\"url\":\"https:\/\/legalvision.co.uk\/\",\"name\":\"LegalVision UK\",\"description\":\"LegalVision is a commercial law firm in the UK with a commitment to innovation\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/legalvision.co.uk\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-GB\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/legalvision.co.uk\/#\/schema\/person\/7a672563f269eb009b1eaefd0625ae36\",\"name\":\"Jessica Drew\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\/\/legalvision.co.uk\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/img.legalvision.com.au\/wp-content\/uploads\/sites\/4\/2022\/03\/12052028\/LegalVision_square_logo-150x150.png\",\"contentUrl\":\"https:\/\/img.legalvision.com.au\/wp-content\/uploads\/sites\/4\/2022\/03\/12052028\/LegalVision_square_logo-150x150.png\",\"caption\":\"Jessica Drew\"},\"description\":\"Jessica is a Legal Content Writer at Legal Vision. She is currently studying for a PhD in international law and has specific expertise in international law, migration and climate change. She holds a first-class LLB and LLM degrees. In addition to studying for her third Law degree, Jessica teaches Law on the LLB Law modules at the university where she is studying for her PhD. She is also a Director of a charity which supports asylum seekers and refugees. Qualifications: PhD, Law (Underway), Edge Hill University, Masters of Laws - LLM, International Human Rights Law, University of Liverpool, Bachelor of Laws - LLB, Edge Hill University.\",\"sameAs\":[\"https:\/\/www.linkedin.com\/in\/jessica-d-16931492\/\"],\"url\":\"https:\/\/legalvision.co.uk\/author\/jessicadrew\/\"},{\"@type\":\"Question\",\"@id\":\"https:\/\/legalvision.co.uk\/startups\/share-capital-requirements\/#faq-question-1727919221497\",\"name\":\"Is there a minimum share capital requirement for private companies in the UK?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"No, private companies have no statutory minimum share capital requirement, but public companies must have at least \u00a350,000.\",\"inLanguage\":\"en-GB\"},\"inLanguage\":\"en-GB\"},{\"@type\":\"Question\",\"@id\":\"https:\/\/legalvision.co.uk\/startups\/share-capital-requirements\/#faq-question-1727919232510\",\"name\":\"What are pre-emption rights?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Pre-emption rights give existing shareholders the first right to purchase new shares, protecting them from dilution when a company they hold shares in issues more.\u00a0\",\"inLanguage\":\"en-GB\"},\"inLanguage\":\"en-GB\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"What Are Share Capital Requirements for Small Businesses? | LegalVision UK","description":"This article explores the legal requirements related to share capital, helping you navigate this critical aspect of company finance.\u00a0\u00a0","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/legalvision.co.uk\/startups\/share-capital-requirements\/","og_locale":"en_GB","og_type":"article","og_title":"What Are Share Capital Requirements for Small Businesses? | LegalVision UK","og_description":"This article explores the legal requirements related to share capital, helping you navigate this critical aspect of company finance.\u00a0\u00a0","og_url":"https:\/\/legalvision.co.uk\/startups\/share-capital-requirements\/","og_site_name":"LegalVision UK","article_publisher":"https:\/\/www.facebook.com\/LegalVision","article_published_time":"2024-10-03T01:37:52+00:00","article_modified_time":"2024-11-06T00:56:00+00:00","og_image":[{"width":1089,"height":726,"url":"https:\/\/img.legalvision.com.au\/wp-content\/uploads\/sites\/4\/2022\/05\/24121628\/business-image-052274.jpg","type":"image\/jpeg"}],"author":"Jessica Drew","twitter_card":"summary_large_image","twitter_creator":"@LegalVision_law","twitter_site":"@LegalVision_law","twitter_misc":{"Written by":"Jessica Drew","Est. reading time":"5 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/legalvision.co.uk\/startups\/share-capital-requirements\/#article","isPartOf":{"@id":"https:\/\/legalvision.co.uk\/startups\/share-capital-requirements\/"},"author":{"name":"Jessica Drew","@id":"https:\/\/legalvision.co.uk\/#\/schema\/person\/7a672563f269eb009b1eaefd0625ae36"},"headline":"What Are Share Capital Requirements for Small Businesses?","datePublished":"2024-10-03T01:37:52+00:00","dateModified":"2024-11-06T00:56:00+00:00","mainEntityOfPage":{"@id":"https:\/\/legalvision.co.uk\/startups\/share-capital-requirements\/"},"wordCount":966,"image":{"@id":"https:\/\/legalvision.co.uk\/startups\/share-capital-requirements\/#primaryimage"},"thumbnailUrl":"https:\/\/img.legalvision.com.au\/wp-content\/uploads\/sites\/4\/2022\/05\/24121628\/business-image-052274.jpg","keywords":["startup","ordinary shares","shareholders","share capital"],"articleSection":["Startup Articles"],"inLanguage":"en-GB"},{"@type":["WebPage","FAQPage"],"@id":"https:\/\/legalvision.co.uk\/startups\/share-capital-requirements\/","url":"https:\/\/legalvision.co.uk\/startups\/share-capital-requirements\/","name":"What Are Share Capital Requirements for Small Businesses? | LegalVision UK","isPartOf":{"@id":"https:\/\/legalvision.co.uk\/#website"},"primaryImageOfPage":{"@id":"https:\/\/legalvision.co.uk\/startups\/share-capital-requirements\/#primaryimage"},"image":{"@id":"https:\/\/legalvision.co.uk\/startups\/share-capital-requirements\/#primaryimage"},"thumbnailUrl":"https:\/\/img.legalvision.com.au\/wp-content\/uploads\/sites\/4\/2022\/05\/24121628\/business-image-052274.jpg","datePublished":"2024-10-03T01:37:52+00:00","dateModified":"2024-11-06T00:56:00+00:00","author":{"@id":"https:\/\/legalvision.co.uk\/#\/schema\/person\/7a672563f269eb009b1eaefd0625ae36"},"description":"This article explores the legal requirements related to share capital, helping you navigate this critical aspect of company finance.\u00a0\u00a0","breadcrumb":{"@id":"https:\/\/legalvision.co.uk\/startups\/share-capital-requirements\/#breadcrumb"},"mainEntity":[{"@id":"https:\/\/legalvision.co.uk\/startups\/share-capital-requirements\/#faq-question-1727919221497"},{"@id":"https:\/\/legalvision.co.uk\/startups\/share-capital-requirements\/#faq-question-1727919232510"}],"inLanguage":"en-GB","potentialAction":[{"@type":"ReadAction","target":["https:\/\/legalvision.co.uk\/startups\/share-capital-requirements\/"]}]},{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/legalvision.co.uk\/startups\/share-capital-requirements\/#primaryimage","url":"https:\/\/img.legalvision.com.au\/wp-content\/uploads\/sites\/4\/2022\/05\/24121628\/business-image-052274.jpg","contentUrl":"https:\/\/img.legalvision.com.au\/wp-content\/uploads\/sites\/4\/2022\/05\/24121628\/business-image-052274.jpg","width":1089,"height":726,"caption":"What Are Share Capital Requirements for Small Businesses? | LegalVision UK"},{"@type":"BreadcrumbList","@id":"https:\/\/legalvision.co.uk\/startups\/share-capital-requirements\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/legalvision.co.uk\/"},{"@type":"ListItem","position":2,"name":"Startup Articles","item":"https:\/\/legalvision.co.uk\/category\/startups\/"},{"@type":"ListItem","position":3,"name":"What Are Share Capital Requirements for Small Businesses?"}]},{"@type":"WebSite","@id":"https:\/\/legalvision.co.uk\/#website","url":"https:\/\/legalvision.co.uk\/","name":"LegalVision UK","description":"LegalVision is a commercial law firm in the UK with a commitment to innovation","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/legalvision.co.uk\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-GB"},{"@type":"Person","@id":"https:\/\/legalvision.co.uk\/#\/schema\/person\/7a672563f269eb009b1eaefd0625ae36","name":"Jessica Drew","image":{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/legalvision.co.uk\/#\/schema\/person\/image\/","url":"https:\/\/img.legalvision.com.au\/wp-content\/uploads\/sites\/4\/2022\/03\/12052028\/LegalVision_square_logo-150x150.png","contentUrl":"https:\/\/img.legalvision.com.au\/wp-content\/uploads\/sites\/4\/2022\/03\/12052028\/LegalVision_square_logo-150x150.png","caption":"Jessica Drew"},"description":"Jessica is a Legal Content Writer at Legal Vision. She is currently studying for a PhD in international law and has specific expertise in international law, migration and climate change. She holds a first-class LLB and LLM degrees. In addition to studying for her third Law degree, Jessica teaches Law on the LLB Law modules at the university where she is studying for her PhD. She is also a Director of a charity which supports asylum seekers and refugees. Qualifications: PhD, Law (Underway), Edge Hill University, Masters of Laws - LLM, International Human Rights Law, University of Liverpool, Bachelor of Laws - LLB, Edge Hill University.","sameAs":["https:\/\/www.linkedin.com\/in\/jessica-d-16931492\/"],"url":"https:\/\/legalvision.co.uk\/author\/jessicadrew\/"},{"@type":"Question","@id":"https:\/\/legalvision.co.uk\/startups\/share-capital-requirements\/#faq-question-1727919221497","name":"Is there a minimum share capital requirement for private companies in the UK?","acceptedAnswer":{"@type":"Answer","text":"No, private companies have no statutory minimum share capital requirement, but public companies must have at least \u00a350,000.","inLanguage":"en-GB"},"inLanguage":"en-GB"},{"@type":"Question","@id":"https:\/\/legalvision.co.uk\/startups\/share-capital-requirements\/#faq-question-1727919232510","name":"What are pre-emption rights?","acceptedAnswer":{"@type":"Answer","text":"Pre-emption rights give existing shareholders the first right to purchase new shares, protecting them from dilution when a company they hold shares in issues more.\u00a0","inLanguage":"en-GB"},"inLanguage":"en-GB"}]}},"_links":{"self":[{"href":"https:\/\/legalvision.co.uk\/api\/wp\/v2\/posts\/190660","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/legalvision.co.uk\/api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/legalvision.co.uk\/api\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/legalvision.co.uk\/api\/wp\/v2\/users\/13435"}],"replies":[{"embeddable":true,"href":"https:\/\/legalvision.co.uk\/api\/wp\/v2\/comments?post=190660"}],"version-history":[{"count":2,"href":"https:\/\/legalvision.co.uk\/api\/wp\/v2\/posts\/190660\/revisions"}],"predecessor-version":[{"id":191180,"href":"https:\/\/legalvision.co.uk\/api\/wp\/v2\/posts\/190660\/revisions\/191180"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/legalvision.co.uk\/api\/wp\/v2\/media\/3133"}],"wp:attachment":[{"href":"https:\/\/legalvision.co.uk\/api\/wp\/v2\/media?parent=190660"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/legalvision.co.uk\/api\/wp\/v2\/categories?post=190660"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/legalvision.co.uk\/api\/wp\/v2\/tags?post=190660"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}