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Have you ever heard about a UK company with bearer shares? Coddan provides bearer shares companies formation in the UK!

Welcome to Coddan, UK limited companies incorporation agent. Our company offers companies formation services in England, Wales, Scotland and Northern Ireland for clients from all over the world.

Why should you bother with registering a company? Leave this complicated process to the professionals! We are pleased to provide you with information, guidance, and advice about setting-up a small business in the UK. Do you want to incorporate your business in Edinburgh, London, or Liverpool? Are you looking for information and guidance regarding limited company registration and small business start-up?

Are you interested in the registration of a UK company, but would like to keep the names of the company’s owners private? Are you thinking that formation of a UK company with bearer shares is just theory? Most of the UK companies formation agents will tell you that there is no such type of entity in the UK and that bearer shares are not allowed in the UK … You should not listen to those who tell you this; they are totally wrong!
Important Note:

Our electronic customised company registration service offers a fast, simple, and economic incorporation service. All that you need to do to start-up your business is to complete our online order form, Coddan will take care of the rest. Your documents will be promptly filed electronically with Companies House and we will send you your Certificate of Incorporation for your new company by e-mail as a PDF file. Incorporation will usually be completed within 24 hours, and your company’s incorporation documents will also be e-mailed to you.

We provide clients with our full expert assistance throughout every step of the formation process; however, our service does not stop there. For more information about the bearer shares company formation service available from Coddan, please visit the bearer shares company registration section of our main website.
British Companies Formation
In addition to incorporating an ordinary company limited by shares, we can provide formation and management of companies with bearer shares. Bearer shares can be converted into registered shares and vice versa.

Bearer Share Basics: bearer shares are legal instruments denoting company ownership; however, they are not the same as stock certificates. Usually, the legal shareholders of a limited company are those persons whose names appear on the corporation's official shareholders list, or register. These shareholders may, or may not, be issued a tangible stock certificate that they may possess. Many UK residents have never heard of bearer shares. The trick behind bearer shares, however, is that they must be issued properly by a qualified and knowledgeable corporate Director.

How bearer shares are supposed to work: normally, when you fill out the back of a stock certificate, you must print the name or the company name of who owns that stock. Then you must record in the stock ledger the shareholder, address, date, number of shares, and if it was an original issue or a transfer. Obviously, whomever the stock is issued to is the owner of the company. If it is to the bearer, then whoever holds that certificate at a particular moment, will thereby be considered the owner of the company.

If you are interested in learning more about the formation of a company with the bearer shares incorporation service, please feel free to visit the UK company with bearer shares section of our main website.
The advantages of bearer shares are privacy and ease of transfer. A company with only bearer shares has no shareholders list or register. Therefore it is impossible to know for certain who the shareholders of the company are. Because a transfer of the shares can be made by simply handing them to another person, bearer shares can be transferred more easily than non-bearer shares.

Subject to any restrictions for the time being imposed by law, the Directors on behalf of the company shall have the power of issuing share warrants to bearer, in respect of fully-paid shares, stating that the bearer is entitled to the shares specified in the warrants, as conferred by Section 188 of the Act, and may determine and from time to time vary.

The conditions under which share warrants to bearer may be issued and replaced : these provide that no fresh warrant shall be issued except on proof, to the satisfaction of the Directors, that the original warrant has been destroyed.

The conditions under which a share warrant may be surrendered and the name of the bearer entered in the register in respect of the shares specified in the warrant : the bearer of a share warrant shall be subject to the conditions relating to share warrants for the time being in force, whether made before or after its issue, but, subject to those conditions and to the provisions of the Act, the bearer of a share warrant shall be deemed to be a holder of the shares specified in it for all the purposes of the company.

If you think that you already know everything you should know about UK companies with bearer shares, you can simply place your order by filling in the bearer shares company online order form.
Coddan offers electronic bearer shares company formation and electronic filing of documents. We also offer Nominee Secretary and registered office facilities in addition to bearer shares company formation. We will form your new company with your intended Directors, Company Secretary, and registered office all in place and recorded at Companies House at the time of incorporation, although we can of course still use our nominees for registration purposes if you prefer.

Before starting the incorporation process, please check the legal requirements for UK company registration:

Company subscribers may be residents outside the UK.
You must appoint a minimum of ONE Director. There is no maximum number of Directors. Directors can be corporate bodies or private individuals of any nationality or residence.
All companies must appoint a Company Secretary. Secretaries can be corporate bodies or private individuals of any nationality or residence.
If there is only ONE Director, he or she CANNOT also be the Secretary.
A company must have a minimum of one shareholder which may be a corporate body or an individual.
There is no minimum paid-up share capital.
A minimum of one share may be issued. Shares may be registered or issued to bearer.
The company is required to have a registered office in the UK.

Need a company formation expert? You've come to the right place. To place your order, please complete the online order form.