Surrender of Shares

Surrender of Shares

₦25,000

Register Voluntary Share Surrender with CAC

The Surrender of Shares allows shareholders to voluntarily give up their shares in the company, whether due to a decision to exit, restructuring, or a company agreement. With SplashDict, our CAC-accredited team ensures that your share surrenders are processed quickly and efficiently.

Service Fee (All inclusive):

₦25,000

File Surrender of Shares in Nigeria

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

  • Documentation & Filing: We manage all the required documents, resolutions, and statutory forms for CAC filing.

  • Official Document: Receive an updated CAC Status Report reflecting the changes in your company’s shareholding structure.

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

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

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Why File Surrender of Shares with CAC?

The surrender of shares is a formal process by which a shareholder voluntarily gives up their shares in the company. This can be done for a variety of reasons, including exiting the company, restructuring ownership, or complying with a company agreement.

  • Voluntary Exit: A shareholder may choose to surrender their shares and exit the company, either due to personal reasons or to restructure the company’s ownership.

  • Restructuring Ownership: Companies may require the surrender of shares as part of an internal restructuring, reorganization, or consolidation of ownership.

  • Company Agreement: Shareholders may need to surrender shares as part of a shareholder agreement or company policy.

  • Preventing Disputes: Proper documentation and filing ensure that the surrender is legally recognized, preventing confusion over ownership.

  • Facilitating Corporate Actions: Filing the surrender enables official recognition of the new shareholding structure, allowing remaining shareholders to exercise their rights.

CAC Post-Incorporation Services

Requirements for Filing Share Surrender with CAC

  • Annual Returns: All of your company’s annual returns must be fully paid and up to date before submitting this application.

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

  • Board or Company Resolution: A signed resolution by directors or authorized officers approving the action.

  • Surrendering Shareholder Details: The full name, contact information, nationality, occupation, and a valid ID (for individuals) or company name and RC number (for corporate entities) surrendering the shares.

  • Share Surrender Details: Includes the class and number of shares being surrendered.

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

File Share Transaction

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