Change of Shareholder

Change of Shareholder (Member)

₦30,000

File Notice of Change of Company Shareholders with CAC

Every Nigerian company limited by shares must maintain an accurate register of its members. Whenever there is a Change of Shareholder, whether through a transfer of existing shares, the allotment of new shares, or the exit of a member due to death or resignation, the company must officially notify the Corporate Affairs Commission (CAC).

SplashDict helps companies file the Notice of Change of Shareholder (Member) quickly and accurately, ensuring your company remains compliant and your shareholder register is properly updated on the CAC registry.

Service Fee (All inclusive):

₦30,000

Admit or Remove Shareholder (Member) in Nigeria

Here's how SplashDict's CAC-accredited experts assist you:

  • Filing & Documentation: We prepare and file the required CAC forms, share transfer instruments, board resolutions, and all necessary documents for the change in shareholding.

  • Official Document: Receive an updated CAC Status Report reflecting the current list of shareholders and their respective shareholdings.

  • Transparent Pricing: Covers all statutory CAC filing fees and our professional service fee with no hidden charges.

  • Fast Processing: Your request is typically completed within 2–10 working days, subject to CAC approval.

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Why File a Change of Shareholder with CAC?

Shareholders (members) are the owners of a company and have the right to vote on significant matters, such as the election of directors, mergers, and financial decisions. Changes in ownership or shares must be reported to the Corporate Affairs Commission (CAC) to ensure accurate and up-to-date records.

Filing a Change of Shareholder (Member) with the CAC is necessary whenever there is a shift in the shareholder structure, such as the addition of a new shareholder or changes in the distribution of shares.

  • Statutory Requirement:  Companies are mandated to notify the CAC of any changes in their membership or share distribution to ensure the public record is accurate.

  • Maintain Accurate Public Records: Banks, investors, regulators, and government agencies rely on the CAC registry to verify the ownership structure of a company.

  • Ensure Valid Authority: Only shareholders officially recorded with the CAC are recognized as legal members of the company. Updating the record ensures that new members can validly exercise their voting rights and receive dividends.

CAC Post-Incorporation Services

Requirements for Filing Change of Shareholder with CAC

  • Up-to-Date Annual Returns: The CAC usually requires all outstanding annual returns to be filed before approving any post-incorporation changes.

  • Company Details: Provide the company’s full registered name and RC (Registration) Number as recorded with the CAC.

  • Reason for Change: Indicate the nature of the change (e.g., Transfer of Shares, Allotment of New Shares, or Transmission of Shares due to death).

  • Company Resolution: A signed resolution from the board of directors approving the change in members (addition, removal, or transfer).

  • New Member Details: Provide personal details (name, DOB, gender, nationality), contact details (phone, email, occupation), service address, residential address (if different), consent letter, and one form of ID (passport, ID card, driver's license, etc.).

  • Share Certificate: A copy of the share certificate(s) for the shares being transferred.

  • Authorization: The application must be signed by the company’s directors, secretary, or an authorized representative.

Change Shareholder

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