Easily create a Register Of Members through Carta.
A Register Of Members (ROM) is one of the most important statutory registers which a UK company must maintain. It contains details of shareholders and their holdings and it is a crucial piece of staying compliant. This feature replaced the Shareholder Register report for UK companies. Non-UK companies can still use the Shareholder Register.
Please ensure you have completed the Company Registers Set-up On Carta to successfully use the Register of Members.
Entering New Transactions and Members
It is possible to add allotments, transfers, conversions, adjustments and cancellations using this workflow, but adding an allotment will be used in this article.
1. Navigate to Company registers > Members > Register of members.
2. Click More > Add allotment.
3. Click Register a new share issuance.
4. You will be directed to the issue shares workflow. Enter the required information and click Save draft.
5. The issuance will be saved as draft and you will be re-directed back to the Register of members tab. Navigate to the Pending transactions tab and click More > Publish transactions.
6. Select the transactions to be published and click Publish to register.
7. If this is the first time the member is being registered, enter the date of entry as a member for each individual and click Publish to register again.
| Please note, to make full use of the feature, it is recommended to add all existing registered transactions to the register. |