Creating a share scheme (plan), also known as a stock plan, for a startup involves several steps.

However, it's important to note that this process is a legal matter that should be undertaken with the guidance of a qualified attorney or financial advisor.

Attorneys to do this competently typically cost about $300-700/hr in the States, and may have fixed-price packages for this type of work.

Here's a simplified step-by-step guide:

Step 1: Define the Purpose of the Plan

The founder needs to be clear about why they are creating this plan. This could be to attract talent, retain employees, or provide a financial reward for early contributors like yourself. The purpose will guide the structure of the plan.

Step 2: Decide the Type of Stock Plan

There are several types of share plans, including but not limited to:

• Ordinary Shares: These shares offer full voting rights and dividends, if the company pays them.
• Preference Shares: These shares have priority over ordinary shares in terms of dividends and asset distribution if the company is wound up.
• Options: This is the right to buy shares at a fixed price in the future.
• Restricted Stock Units (RSUs): These are company shares that are promised to an employee through an agreement. The shares are issued once a specific vesting schedule is met.