diff --git a/src/libs/ReportUtils.ts b/src/libs/ReportUtils.ts
index d86323cf915e..6eaa68b115e5 100644
--- a/src/libs/ReportUtils.ts
+++ b/src/libs/ReportUtils.ts
@@ -6570,6 +6570,27 @@ function getReportActionActorAccountID(reportAction: OnyxEntry<ReportAction>, io
     }
 }
 
+function createDraftWorkspaceAndNavigateToConfirmationScreen(transactionID: string, actionName: IOUAction): void {
+    const isCategorizing = actionName === CONST.IOU.ACTION.CATEGORIZE;
+    const {expenseChatReportID, policyID, policyName} = PolicyActions.createDraftWorkspace();
+    IOU.setMoneyRequestParticipants(transactionID, [
+        {
+            selected: true,
+            accountID: 0,
+            isPolicyExpenseChat: true,
+            reportID: expenseChatReportID,
+            policyID,
+            searchText: policyName,
+        },
+    ]);
+    const iouConfirmationPageRoute = ROUTES.MONEY_REQUEST_STEP_CONFIRMATION.getRoute(actionName, CONST.IOU.TYPE.SUBMIT, transactionID, expenseChatReportID);
+    if (isCategorizing) {
+        Navigation.navigate(ROUTES.MONEY_REQUEST_STEP_CATEGORY.getRoute(actionName, CONST.IOU.TYPE.SUBMIT, transactionID, expenseChatReportID, iouConfirmationPageRoute));
+    } else {
+        Navigation.navigate(iouConfirmationPageRoute);
+    }
+}
+
 function createDraftTransactionAndNavigateToParticipantSelector(transactionID: string, reportID: string, actionName: IOUAction, reportActionID: string): void {
     const transaction = allTransactions?.[`${ONYXKEYS.COLLECTION.TRANSACTION}${transactionID}`] ?? ({} as Transaction);
     const reportActions = allReportActions?.[`${ONYXKEYS.COLLECTION.REPORT_ACTIONS}${reportID}`] ?? ([] as ReportAction[]);
@@ -6605,25 +6626,7 @@ function createDraftTransactionAndNavigateToParticipantSelector(transactionID: s
         return;
     }
 
-    const {expenseChatReportID, policyID, policyName} = PolicyActions.createDraftWorkspace();
-    const isCategorizing = actionName === CONST.IOU.ACTION.CATEGORIZE;
-
-    IOU.setMoneyRequestParticipants(transactionID, [
-        {
-            selected: true,
-            accountID: 0,
-            isPolicyExpenseChat: true,
-            reportID: expenseChatReportID,
-            policyID,
-            searchText: policyName,
-        },
-    ]);
-    const iouConfirmationPageRoute = ROUTES.MONEY_REQUEST_STEP_CONFIRMATION.getRoute(actionName, CONST.IOU.TYPE.SUBMIT, transactionID, expenseChatReportID);
-    if (isCategorizing) {
-        Navigation.navigate(ROUTES.MONEY_REQUEST_STEP_CATEGORY.getRoute(actionName, CONST.IOU.TYPE.SUBMIT, transactionID, expenseChatReportID, iouConfirmationPageRoute));
-    } else {
-        Navigation.navigate(iouConfirmationPageRoute);
-    }
+    return createDraftWorkspaceAndNavigateToConfirmationScreen(transactionID, actionName);
 }
 
 /**
@@ -6924,6 +6927,7 @@ export {
     shouldShowMerchantColumn,
     isCurrentUserInvoiceReceiver,
     isDraftReport,
+    createDraftWorkspaceAndNavigateToConfirmationScreen,
 };
 
 export type {
diff --git a/src/pages/iou/request/MoneyRequestParticipantsSelector.tsx b/src/pages/iou/request/MoneyRequestParticipantsSelector.tsx
index ec05c5ad6fda..14686eaba78a 100644
--- a/src/pages/iou/request/MoneyRequestParticipantsSelector.tsx
+++ b/src/pages/iou/request/MoneyRequestParticipantsSelector.tsx
@@ -298,7 +298,7 @@ function MoneyRequestParticipantsSelector({participants = [], onFinish, onPartic
 
         return (
             <>
-                {shouldShowReferralBanner && (
+                {shouldShowReferralBanner && !isCategorizeOrShareAction && (
                     <ReferralProgramCTA
                         referralContentType={referralContentType}
                         style={[styles.flexShrink0, !!participants.length && !shouldShowSplitBillErrorMessage && styles.mb5]}
@@ -313,7 +313,7 @@ function MoneyRequestParticipantsSelector({participants = [], onFinish, onPartic
                     />
                 )}
 
-                {!!participants.length && (
+                {!!participants.length && !isCategorizeOrShareAction && (
                     <Button
                         success
                         text={translate('common.next')}
@@ -323,9 +323,29 @@ function MoneyRequestParticipantsSelector({participants = [], onFinish, onPartic
                         isDisabled={shouldShowSplitBillErrorMessage}
                     />
                 )}
+                {isCategorizeOrShareAction && (
+                    <Button
+                        success
+                        text={translate('workspace.new.newWorkspace')}
+                        onPress={() => onFinish()}
+                        pressOnEnter
+                        large
+                    />
+                )}
             </>
         );
-    }, [handleConfirmSelection, participants.length, isDismissed, referralContentType, shouldShowSplitBillErrorMessage, styles, translate, shouldShowReferralBanner]);
+    }, [
+        handleConfirmSelection,
+        participants.length,
+        isDismissed,
+        referralContentType,
+        shouldShowSplitBillErrorMessage,
+        styles,
+        translate,
+        shouldShowReferralBanner,
+        isCategorizeOrShareAction,
+        onFinish,
+    ]);
 
     return (
         <SelectionList
diff --git a/src/pages/iou/request/step/IOURequestStepParticipants.tsx b/src/pages/iou/request/step/IOURequestStepParticipants.tsx
index 45e644607d34..e0be24db5c85 100644
--- a/src/pages/iou/request/step/IOURequestStepParticipants.tsx
+++ b/src/pages/iou/request/step/IOURequestStepParticipants.tsx
@@ -7,6 +7,7 @@ import useThemeStyles from '@hooks/useThemeStyles';
 import DistanceRequestUtils from '@libs/DistanceRequestUtils';
 import * as IOUUtils from '@libs/IOUUtils';
 import Navigation from '@libs/Navigation/Navigation';
+import * as ReportUtils from '@libs/ReportUtils';
 import * as TransactionUtils from '@libs/TransactionUtils';
 import MoneyRequestParticipantsSelector from '@pages/iou/request/MoneyRequestParticipantsSelector';
 import * as IOU from '@userActions/IOU';
@@ -104,6 +105,7 @@ function IOURequestStepParticipants({
 
     const goToNextStep = useCallback(() => {
         const isCategorizing = action === CONST.IOU.ACTION.CATEGORIZE;
+        const isShareAction = action === CONST.IOU.ACTION.SHARE;
 
         const isPolicyExpenseChat = participants?.some((participant) => participant.isPolicyExpenseChat);
         if (iouType === CONST.IOU.TYPE.SPLIT && !isPolicyExpenseChat && transaction?.amount && transaction?.currency) {
@@ -113,6 +115,11 @@ function IOURequestStepParticipants({
 
         IOU.setMoneyRequestTag(transactionID, '');
         IOU.setMoneyRequestCategory(transactionID, '');
+        if ((isCategorizing || isShareAction) && numberOfParticipants.current === 0) {
+            ReportUtils.createDraftWorkspaceAndNavigateToConfirmationScreen(transactionID, action);
+            return;
+        }
+
         const iouConfirmationPageRoute = ROUTES.MONEY_REQUEST_STEP_CONFIRMATION.getRoute(action, iouType, transactionID, selectedReportID.current || reportID);
         if (isCategorizing) {
             Navigation.navigate(ROUTES.MONEY_REQUEST_STEP_CATEGORY.getRoute(action, iouType, transactionID, selectedReportID.current || reportID, iouConfirmationPageRoute));