What Is It?
A share capital increase is the formal allotment of new shares to existing or new shareholders, raising your company's paid-up capital. The allotment cannot exceed the company's registered Authorised Capital and must be properly resolved and filed with SSM.
Grow your company's capital structure
Why You Need It
- Increasing paid-up capital strengthens your company's financial position on record, which banks and partners may require.
- Some business licenses, permits, and government tenders require a minimum paid-up capital.
- Bringing in a new investor or shareholder through a fresh allotment requires this process.
What You'll Need
- Bank-in slip showing capital injected as share application money
- Details of shares to be allotted and to whom
- Directors' resolution and EGM documents, where required
- Form 11 and Form 24 lodged with SSM
Pricing
Frequently Asked Questions
Authorised capital is the maximum amount of shares your company is allowed to issue. Paid-up capital is the amount actually paid by shareholders for shares issued. You can allot shares only up to your authorised limit.
Not directly. You would first need to pass a special resolution to increase the authorised capital in your constitution, then proceed with the allotment. We can help with both steps.
Once we have all documents, the allotment and SSM lodgement are typically completed within 3 to 5 working days.
Increase Your Company's Paid-Up Capital
We prepare the allotment, resolutions, and SSM filings for you.
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