Tag: AIFC
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Shares in Private Company
Let’s start from the definition of Share. In accordance with AIFC Companies Regulations, the Share, in a company, means a share in the share capital of the company, of whatever class of share it may be. So, we can get two key points from this definition: Given that shares represent a proportional interest in a…
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Employee Share Scheme: Aligning Interests for Long-Term Success
The Employee Share Scheme is an integral program designed by companies to allow their employees to acquire company shares. Its inception is rooted in the ethos of recognizing and rewarding dedicated employees for their pivotal contributions to the company. Furthermore, the Employee Shares Scheme promotes the alignment of employee interests with the overarching goals of…
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Employee Shares Scheme through Redeemable Shares
An Employee Share Scheme is a program that allows employees of a Company to acquire ownership in the Company through the purchase or allocation of shares. AIFC Companies Regulations determine Employee Shares Scheme as “a scheme or arrangement for encouraging or facilitating the holding of Shares in the Company by or for the benefit of:…
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Share Subscription
Share subscription is a process that companies can use to raise capital. It involves an arrangement between the Company and the Investor, whereby the Company commits to issuing a predetermined number of shares to the investor at an agreed-upon price. There are two ways of realising the Share Subscription: 1. Share Subscription Agreement; and 2….
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Written resolution of Private Company
Decisions of a private company can be made by resolution, which is a document that describes a company decision made by Shareholders or Board of Directors. There are two types of resolutions – those passed at a meeting and those passed in writing. This article focuses on the written resolution of a private company operating…