Company shareholders are the owners of a company. Shares are allocated in proportion to the level of ownership that a person/company has in the new company. For example, if a company has 100 ordinary shares issued and Bill owns 50 of those 100 shares, then he owns 50% of the company. Conversely Susan who only owns 10 shares owns 10% of the same company.

All PTY LTD companies (the type registered through eCompanies) must have at least one owner having minimum 1 share, so you can't skip the share allocation section.


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