Hi Mike,
When we talk about the minimum share capital for a public & private ltd company, the requirement is one share for private and £50,000 for a public one. Does one share here equal to £1.00 as a minimum nominal value? I am just bit confused here.
Thanks.
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One share
6y ago#1Any share can have nominal value of whatever value you choose
So, I suppose, in theory you could have a public company with a share capital of £50,000 being one single share of £50,000 nominal value
Of course, that will never happen ….
…. or will it?
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