Step 3 - Governing bodies and share register

 

In step 3 of getting started, we will guide you through adding governing bodies and completing the share register.

Governing bodies

Managing your governing bodies such as the board of directors, daily management, statutory auditors or even custom bodies such as executive committee is essential. Below we give you a summary of the information you can manage:

  • Name of the members;
  • Start and optionally end date of each member;
  • Extra roles such as chairman, secretary, etc.
  • Additional information such voting rights, D&O insurance, remuneration, casting votes, collegial body or not and if the members represents a certain share class.
  • Additional specifications that you would like to incorporate into Corporify but are uncertain how to do so? Please contact support@corporify.com for further assistance.

Below you can find a step by step guide on how to create a governing body.

For detailed instructions, click 'Start tutorialbelow.

Share register

The heart of the legal entity is the share register. Below we give you a summary of the information you need to take in consideration in order to create the share register with all necessary specifications:

  • Numbered shares: numbered shares, optionally categorized by class or choose to leave the shares unnumbered. 
  • Start date of the register: at incorporation or choose a specific date afterward, which will serve as the cut-off for tracking shareholders in Corporify.
  • Currency: optionally customize the currency.
  • Type of share capital: The option to track share capital. Such as capital with par value, nominal value or share equity. And the option to track share premium.
  • Share classes: Track share classes and specify key details, including voting rights, preferred dividends, liquidation preferences and a description.
  • Classifications: other classifications can be added (other than Share classes, e.g. to indicate specific share transfer restrictions).
  • Additional specifications that you would like to incorporate into Corporify but are uncertain how to do so? Please contact support@corporify.com for further assistance.

Below you can find a step by step guide on how to create a share register.

For detailed instructions, click 'Start tutorialbelow.

 

Once finished, click here to proceed to step 4, where you will learn more about the org chart, UBOs and delegations module.