Increase of Company's Share Capital

The company may change its registered office for a variety of reasons. i.e., as a result of the relocation of core business operations, the relocation of management, or for operational convenience. Submit Resolution, rental agreement, and a most recent utility bill, and change the registered office’s address.

Increase in the Company's Share Capital

Increase in the Company's Share Capital:

When a company plans to expand its operations through the issuance of new capital, an increase in authorized capital may be necessary. A limited company with share capital must follow the following procedure to increase its authorized share capital:

Law Governing Increase of Share Capital of the Company:

Section 64 (1)(a) of the Companies Act states that a corporation may modify its share capital in any of the ways specified in subsection (1) of section 61.

Below you will find the instruction for KIT:

Required Documents for Increasing the Company's Share Capital:

The following documents are required to increase the company’s share capital:

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Prepare the board resolution and member resolution, provide us with copies of the resolutions, a digital signature certificate, the amended MOA and AOA, and increase the company's share capital.

Extracts from the Board Resolution for capital change;

Extracts of Individuals Resolution for capital modification;

Notification and Explanation of Members' Meeting;

Memorandum of Association (MOA) alterations; 

Amended Articles of Incorporation (AOA).

No, a professional signature is not required to attest to the documents' accuracy.

Within 10 to 15 days, the company's share capital will be increased.

It depends on the authorized share capital of the company. The MCA system will calculate both the application fee and the applicable stamp duty.

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