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What are authorised shares?

April 26, 2017authorised Shares

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What are authorised shares?

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A These are the total number of shares that it is possible for your company to issue. On incorporation, the number of authorised shares is usually 1000. The number of authorised shares is often different from the number of issued shares. Issued shares are those authorised shared that have actually been issued. In terms of who owns the company, the number of issued shares owned will be the determining factor.