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Hi, Thank you for your question and welcome. My name is ***** ***** I will assist you. The danger of accepting unpaid shares is the following - if the company went insolvent you would be liable to contribute £5000 to the assets of the company. If you are listed as an unpaid shareholder this will be recorded as a debt in the company accounts. I would get him to either register the shares as paid and let him put the money in or not accept the shares. Kind regards AJ