How are shares issued?
In order to become a shareholder of a company, a person (which includes a legal entity) can (a) purchase (subscribe for) shares directly from the corporation (i.e. purchase from treasury); or (b) buy previously issued shares from another person.
While shares can be issued to founding members, employees and contractors of a corporation, there are laws that may restrict the issuance/purchase of shares to other persons.
Consultation with a lawyer is typically recommended. To consult with a member of our team, contact a lawyer at Oziel Law.