Application for shares
Before shares are allotted, the incoming shareholder applies for them in writing. Generate that application, free.
When you need this document
The application for shares is the incoming shareholder's side of an allotment: what they want, at what price, and their undertaking to pay. It is short, it is easily overlooked, and its absence is exactly the sort of gap a buyer's lawyer finds years later.
The application (or subscription) letter is the incoming shareholder’s side of an allotment: they apply for a stated number of shares at a stated price, agree to be bound by the articles, and ask to be entered in the register of members. It pairs with the allotment pack — members’ authority, board resolution and the NSC1 filing.
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Download your application letter — free
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The application is step one of an allotment — the board resolution and the NSC1 return follow.
Would rather not do it yourself? LAULEGA files it for you at a published price, and the documents land in your client portal.
After you sign
- The company approves the allotment — members’ authority and board resolution: use the allotment pack.
- Pay the subscription price — the shares are issued credited as fully paid on receipt.
- Filings follow — Form NSC1 within 1 month, share certificate within 2 months, registers (and SCR at 25%+) updated.