CAC LIMITED LIABILITY COMPANY SHARE CAPITAL

Shares means the amount of rights you own in a company usually calculated in money terms. E.g if a company is said to worth 1 million shares and you have 300,000 shares out of that 1 Million shares, automatically you own 30% of that company. So when there is a profit, you get 30% of that profit and if there is a loss, you get 30% of the losses. It's not a must that the company have the said amount in their bank account to get the Company registered as an LLC.

Share capital is like the statutory worth of the company. In a private limited company, its the amount of money invested by its owners in exchange for shares of ownership.

Company directors are typically shareholders in their own companies.

Shareholders exercise certain powers over how the company is run.

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