Authorized Capital Change



Welcome to ComplyLocal, your trusted partner for seamless corporate compliance solutions. At ComplyLocal, we understand the dynamic nature of business and the need for flexibility in corporate structures. Our Authorized Capital Change service enables businesses to adapt to changing market conditions and growth opportunities by adjusting their authorized capital.

Whether you're looking to increase your company's authorized capital to fuel expansion plans or reduce it to optimize resources, we've got you covered. Our team of experienced professionals will guide you through the entire process, ensuring compliance with regulatory requirements and seamless execution.

With ComplyLocal, you can navigate the complexities of corporate compliance with confidence, allowing you to focus on what matters most – driving your business forward.

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Required Document

Requirements for Authorized Capital Change

Board Resolution:

A resolution passed by the board of directors approving the change in authorized capital.

Shareholders' Resolution:

A resolution passed by the shareholders approving the alteration of the company's capital.

Memorandum of Association (MoA) Amendment:

Amendment to the MoA to reflect the new authorized capital.

Filing Forms:

Relevant forms prescribed by the regulatory authority, such as Form INC-27 in India, for filing with the Registrar of Companies.

Payment Proof:

Evidence of payment of requisite fees for the authorized capital change.

Requirements to Register

Requirements for AOA And MOA

Business Information:

Provide essential details about your company, including its name, registered address, and business activities.

Identification Documents:

Submit identification documents of directors, shareholders, and other key personnel as per regulatory requirements.

Memorandum of Association (MoA) and Articles of Association (AoA):

Draft and finalize the MoA and AoA outlining the company's objectives, rules, and regulations.

Filing Forms:

Complete and submit the necessary registration forms as per the jurisdiction's regulations.

Authorized Capital:

Specify the authorized capital of your company and any changes if applicable.

Payment of Fees:

Pay the requisite registration fees as per the prescribed schedule.

Benefits of Company Registration with ComplyLocal

Expert Guidance:

Access to expert guidance and assistance throughout the registration process, ensuring compliance with all legal requirements.

Time and Cost Efficiency:

Streamlined processes and transparent pricing structures save you time and money, allowing you to focus on growing your business.

Comprehensive Services:

From company formation to ongoing compliance management, ComplyLocal offers a comprehensive suite of services to meet all your business needs.

Peace of Mind:

Rest assured knowing that your company's registration and compliance matters are in the hands of experienced professionals dedicated to your success.

Legal Compliance:

Ensure compliance with statutory and regulatory requirements, reducing the risk of penalties and legal issues.

Faqs

How long does the company registration process take?

The duration of the registration process varies depending on various factors such as the jurisdiction and completeness of documentation. However, with ComplyLocal's efficient processes, we strive to expedite the process as much as possible.

What is the difference between authorized capital and paid-up capital?

Authorized capital refers to the maximum amount of share capital that a company can issue, while paid-up capital is the actual amount of capital that shareholders have paid for their shares.

Can I change the authorized capital of my company after registration?

Yes, you can change the authorized capital of your company by following the prescribed procedures and obtaining approval from relevant authorities.

Does ComplyLocal offer post-registration compliance services?

Yes, ComplyLocal provides comprehensive post-registration compliance services to ensure that your company remains compliant with all statutory and regulatory requirements.

What are the consequences of non-compliance with company registration requirements?

Non-compliance with registration requirements can result in penalties, fines, or even legal action against the company and its directors. It's essential to adhere to all regulatory obligations to avoid such consequences.

Can ComplyLocal assist with international company registration?

Yes, ComplyLocal offers assistance with international company registration, helping businesses expand their operations globally while ensuring compliance with local laws and regulations.