Establishing the share ledger (Swedish: upprättande av aktiebok) means a new limited company creates its share ledger. By law, it must be established as soon as the memorandum of association has been signed. It first shows who subscribed, usually the founders, and how many shares each holds.
Outside CSD-registered companies, it can be kept digitally, in a bound book or in a secure loose-leaf or card system, see form of the share ledger. NVR's digital share ledger makes later changes easy to record.
A memorandum of association is the document drawn up when a limited company is formed.
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The form of the share ledger refers to how it may be kept: digitally, in a bound book or loose-leaf.
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A founder is the person or company that forms a limited company.
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The board's responsibility for the share ledger means ensuring it is kept, retained and made available.
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Streamline the management of your ownership with an online digital share register – get started for free in minutes and let our guides help you easily handle everything from ownership changes to complex processes such as share issues, whether you are a large or small company.
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