Authorized Capital Change



We get it: business needs change over time, and we understand that your compliance solution should be scalable to support those changing requirements. Amend the Authorized Capital: Our service for an amendment of authorized capital helps you with this requirement as it keeps changing. Our experts walk you through the entire process of either growing your financial base or using resources in a more effective and legal way. ComplyLocal provides you with the tools to be able to bend your corporate structure and feel safe knowing that your compliance is taken care of.

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Documents Required for the Change in Authorized Capital

Board Resolution

A formal resolution is required to be passed by your board of directors in respect of a change in authorized capital. This paper is very important for the implementation of this alteration. It confirms internal consent to the capital adjustment.

Shareholders' Resolution

Shareholders need to pass a resolution to authorize the capital adjustment. This step is required for legal compliance. It ensures that all stakeholders are on board with the change.

Amendment of Memorandum of Association (MoA)

Update the MoA to reflect the new authorized capital. This amendment must be filed with the relevant authorities. It officially records the change in your company’s capital structure.

Filing and Payment

Complete the required forms, such as Form INC-27, for the capital change. Submit these forms along with proof of payment for any fees. This step finalizes the change in authorized capital.

Steps for Registering Your Company

Business Details

Provide essential information about your company, including its name and registered address. This information forms the basis of your registration. It helps establish your company’s legal identity.

Identification Documents

Submit identification documents for directors and shareholders as required. These documents verify the identities of key personnel. They are essential for compliance and registration.

MoA and AoA Preparation

Draft the Memorandum of Association and Articles of Association. These documents outline your company’s objectives and internal rules. They are crucial for defining your company’s governance.

Filing and Fees

Fill out and submit the necessary registration forms. Pay the required fees to complete the registration process. This ensures your company is officially recognized and compliant.

Why Register with ComplyLocal?

Expert Support

We provide expert assistance throughout the registration process. Our team ensures all legal requirements are met. You receive personalized support to navigate the complexities of registration.

Efficiency and Transparency

Our streamlined processes save you time and money. We offer clear pricing with no hidden fees. This efficiency allows you to focus on growing your business.

Complete Services

From initial registration to ongoing compliance, we handle it all. Our comprehensive services cover every aspect of company management. You can rely on us for all your business needs.

Confidence in Compliance

Rest assured that your registration is in capable hands. We ensure that all compliance matters are addressed. This provides peace of mind and reduces the risk of legal issues.

Faqs

How long does registration take?

The duration varies based on jurisdiction and document completeness. We work to expedite the process as much as possible. Expect a timeline that keeps you informed throughout.

What’s the difference between authorized and paid-up capital?

Authorized capital is the maximum amount your company can issue. Paid-up capital is the actual amount shareholders have paid. Understanding this difference is key to managing your capital.

Can I change my company’s authorized capital later?

Yes, you can adjust your authorized capital post-registration. Follow the required procedures to make the change. This flexibility supports your evolving business needs.

Does ComplyLocal help with post-registration compliance?

Yes, we offer services to ensure ongoing compliance with regulations. This includes managing annual filings and other requirements. Our support helps keep your company in good standing.

What happens if I don’t comply with registration rules?

Non-compliance can lead to penalties or legal issues. It’s important to meet all regulatory obligations. We help you avoid these risks by ensuring compliance.

Can ComplyLocal assist with international company registration?

Yes, we support international company registration and expansion. We ensure compliance with local laws in different countries. Our global expertise helps you navigate international markets.