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are you looking to set up a limited company what about their shareholder structure is it right can you be making mistakes well make sure you watch this video before you set up any limited company um but two people setting the limits company um who have 50 shares each what classification whose shares will company formation give you well if youre not careful and you dont know what youre doing youll end up with ordinary shares which all sounds fantastic but its quite extraordinary sorry sorry i had to start that was pretty bad yeah i was its your level i know oh thats shocking um but unfortunately if youre all in the same share class if i can only put my teeth in um then im afraid you can only take dividends in the proportion of shares that you own so if you have 50 50 shares you must take 50 50 dividends if one of you doesnt wish to take dividends be very careful because that realistically means in most scenarios no one takes dividends so youve either got to both agree or you
