Register of members and share ledger
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What’s a register of members and share ledger and when do you need one?
The register of members and share ledger is designed to provide a record of who the company shareholders are.
It will include a reference to the register of allotments and the register of transfer (if applicable).
This register is part of our suite of registers, often called the ‘statutory books’, that a limited company must have in place.
Other registers within this suite include:
- Register of secretaries
- Register of debentures
- Register of directors' interests
- Register of directors' residentialaddress
- Register of directors
- Register of mortgages and charges
- Register of persons with significant control (PSCs)
- Register of relevant legal entities (RLEs)
- Register of share applications and allotments*Register of transfers
Not all of these will be relevant to your business in its initial stages of setup and development, but many, if not all, of them, will be relevant as your business grows.
You will need to have them in place and to keep them up to date. Some are mandatory from the outset.