Share certificate in short - what is this share certificate template?
The basics: Shares are a normal part of running a company and can serve a number of functions. Whether that’s securing funding for the business, or incentivising existing team members to remain with the company, shares can be a particularly valuable asset in propelling a business forward. There’s plenty to consider when doling out shares, from issues of tax, to how you slice and dice the business: but what kind of documentation might you need?
Share certificate is required: There are legal considerations to issuing shares, which include the requirement of a share certificate. Under company law a company has a duty to provide a shareholder with a certificate for any shares issued or transferred to them. This needs to be done within a period of 2 months from the date that shares are issued, or a transfer of shares is lodged with the company.
What should your share certificate include? Get it right by using Docue's share certificate template
A share certificate provides evidence of title to shares in a company. Simple stuff. It’s important to note that a share certificate should be signed as a deed. This means that it needs to be signed by two directors, one director and the company secretary (if appointed) or one director in the presence of a witness in order to be validly executed.
What should I do if have lost a share certificate?
Losing a share certificate can be frustrating, but there’s a straightforward solution. Most companies require shareholders to sign a lost share certificate indemnity before issuing a replacement. This document protects the company from potential claims or financial risk if the lost certificate resurfaces.
To simplify the process, use our lost share certificate indemnity template a legally sound and easy-to-customise document that ensures compliance and peace of mind.
Docue’s share certificate template adapts to your needs
Created by lawyers: With Docue, you can create a top-quality share certificate in minutes. The share certificate template includes ready-made content designed by business lawyers.
Easy to use: To create your share certificate with confidence and speed, simply click through the intelligent tick box options and text box answers in Docue's share certificate template. Once you are all done, you can leverage Docue’s automatic storage to keep your share certificate safe and sound in Docue Drive.
Affordable: At Docue, we believe in transparent and cost-effective pricing without any hidden fees. You can check out our pricing here.
Tags: share certificate template, share certificate, issue of shares, stock certificate
