Increase in Share Capital & Share Allotment

Increase in Share Capital & Share Allotment

NGN30,000

File Allotment of issued share capital and notice of increase of share capital with CAC

Increase your company’s issued share capital and file the notice of allotment with the Corporate Affairs Commission (CAC). This service enables you to issue new shares to existing shareholders, new investors, or partners, thereby enhancing your company’s capital base to fund expansion, admit new members, or meet regulatory capital requirements.

  • *Type of Company:

    *Increase From:

    *Increase in Share Capital of N1 Million to:

    *Increase in Share Capital of N2 Million to:

    *Increase in Share Capital of N3 Million to:

    *Increase in Share Capital of N4 Million to:

    *Increase in Share Capital of N5 Million to:

    *Increase in Share Capital of N6 Million to:

    *Increase in Share Capital of N7 Million to:

    *Increase in Share Capital of N8 Million to:

    *Increase in Share Capital of N9 Million to:

    *Increase in Share Capital of N10 Million to:

    *Increase From:

    *Increase in Share Capital of N2 Million to:

    *Increase in Share Capital of N3 Million to:

    *Increase in Share Capital of N4 Million to:

    *Increase in Share Capital of N5 Million to:

    *Increase in Share Capital of N6 Million to:

    *Increase in Share Capital of N7 Million to:

    *Increase in Share Capital of N8 Million to:

    *Increase in Share Capital of N9 Million to:

    *Increase in Share Capital of N10 Million to:

Service Fee (All inclusive):

NGN30,000

Expand Company’s Share Capital & Issue New Shares in Nigeria

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

  • Documentation & Filing: We prepare the necessary documents and resolutions, and file the notice of increase and share allotment with the CAC.

  • Official Document: Receive a Certificate of Issued Share Capital, updated CAC Status Report, and updated Memorandum and Articles of Association (MEMART) confirming the increase in your company's share capital.

  • Transparent Pricing: Covers CAC fees, FIRS' stamp duty fees, and our service fee with no hidden charges.

  • Fast Processing: Filing is completed within 3 to 7 working days, depending on CAC approval.

  • Ongoing Support: Get expert help from our Chartered Secretary and compliance team for all regulatory needs.

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Why File Increase in Share Capital & Share Allotment with CAC?

Share capital represents the value of ownership in a company, determining the rights, liabilities, and profit entitlements of shareholders. Increasing your share capital and filing an allotment with CAC is a strategic move, whether you’re raising funds, meeting regulatory requirements, or bringing in new shareholders.

This filing ensures your company’s records are up-to-date, transparent, and legally recognized.

  • Attract Investors: A substantial share capital signals financial stability, which is highly attractive to potential investors and creditors.

  • Accommodate New Shareholders: This process is legally required when a company admits new investors or partners, providing a formal structure for their ownership.

  • Meet Regulatory Requirements: Many industries, like banking and oil & gas, have mandatory minimum share capital thresholds that must be met to remain compliant and operate legally.

  • Strategic Financial Expansion: Issuing new shares is a non-debt way to raise capital for business expansion, funding new projects, or increasing your market presence.

  • Versatile Share Allocation: The process allows for flexibility in allotting new shares, either ordinary or preference, to existing shareholders or new investors, enabling you to tailor your ownership structure as needed.

CAC Post-Incorporation Services

Requirements for Filing Increase in Share Capital & Share Allotment with CAC

  • Company Details: Provide the company’s name and CAC registration number.

  • Board Resolution: A copy of the resolution passed by the board of directors and shareholders, authorizing the increase in share capital and the allotment of new shares. This resolution must be signed by a director and the company secretary.

  • Share Increase Details: Specify the current and new total share capital, including the type of shares, the price per share, and the total value of the new equity.

  • Particulars of Allottees: Detail the allotment of new shares, including allocations to existing shareholders or new shareholders, with their share type and amount, to accurately reflect ownership changes.

  • Annual Returns: It is mandatory that all of your company’s annual returns are fully paid and up to date before submitting this application.

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

Increase Share Capital

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