A founder is the natural person or legal entity that forms a limited company. The founder subscribes for shares in the new company and signs the memorandum of association.
As soon as the company is formed, a share ledger must be set up in which the founders are entered as the first shareholders. Getting it right from the start is easiest with help — NVR can create the share ledger for you.

A memorandum of association is the document drawn up when a limited company is formed.
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A limited company is a business form that is its own legal entity and is owned through shares.
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A shareholder is a person or company that owns one or more shares in a limited company.
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A share ledger is a record of a company's shares and who its shareholders are.
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