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Increasing share capital may include creation of a new class of shares or split of existing shares. All these require specific procedures to be followed.
The authorised share capital of a company can be increased by way of special resolution as it is a change to the Memorandum of Association. It should be noted that if there is a change to the memorandum specific forms should be filed with the Registrar of Companies which should include the shareholders resolution approving the change
Our Value
Through experience, we are extensively familiar with the procedures and relevant legislation and forms required and we rely on this experience to simplify the process for our customers by facilitating the increase on their behalf. Our service includes the following:
Guidance as to the applicable procedures.
Preparation of shareholders' resolutions.
Preparation of forms for the registrar of companies.