Increase Authorized Capital of Company
- Stamp Duty as per state on increased capital
- Approval from Shareholders
- Simple and Secure Online Process
- Dedicated Professional
- Expert CS Advice
- Increase your capital in 7-10 days
Introduction
“Tax and Services,” your trusted destination for comprehensive legal solutions. We understand that the business landscape is dynamic, and companies often need to adapt to new opportunities and challenges. One crucial aspect of corporate governance is the management of authorized share capital, a fundamental element that defines a company’s financial flexibility.
In response to the evolving needs of our clients, we are pleased to introduce a specialized service focused on the Increase of Authorized Share Capital for companies. Authorized share capital represents the maximum value of shares that a company can issue to its shareholders. Recognizing the significance of this financial parameter, our dedicated team of legal experts is here to guide you through the process of expanding your authorized share capital.
As businesses grow and diversify, the need for additional capital becomes inevitable. Whether it’s for strategic expansion, investment opportunities, or addressing financial requirements, increasing authorized share capital can be a pivotal step. At “Tax and Services,” we offer a seamless and comprehensive approach to help your company navigate the complexities of this process.
Our seasoned professionals bring a wealth of experience in corporate law, ensuring that your company’s interests are safeguarded throughout the authorization expansion journey. From the preparation of necessary legal documentation to liaising with regulatory authorities, we handle the intricate details, allowing you to focus on your core business activities.
At “Tax and Services,” we pride ourselves on delivering tailored legal solutions that align with the unique needs of each client. Trust us to be your partners in progress as you embark on the journey of increasing your authorized share capital. With our commitment to excellence and a client-centric approach, we aim to make this pivotal legal process both efficient and effective for your company’s sustained success.
Need for Increase in the Authorized Share Capital
- For issue of Further Capital:- For issuing more capital it cannot raise capital beyond the amount prescribed in the Memorandum of Association. Therefore, in case the need arises to increase the paid-up capital the Authorized Share Capital must be increased.
- Increase in the borrowing capacity:- Increasing the Authorized Share Capital of the Company helps in increasing the internal funding capacity which supports the borrowing capacity of the company. Higher the capital the higher the net worth.
Need for Name Change of Company
Voluntarily change
The Board of Directors and the Members of the Company own their own can decide to change the business name either for reflecting.
Change of Business Objective
Due to change in the business objectives of the Company a Company is required to change its name.
Rebranding
In order to increase and improve the brand value of the company change of name is required. As the trends change in industries over a period of time and for creating a distinct identity an appropriate name can be chosen in line with the trend. It is considered a good marketing strategy to enhance brand value.
Removing the obstacle by name
Sometimes by the use of words representing the geographical region. By changing the name and Expanding it by capturing a wide market includes removing boundaries assumed by the name. Furthermore, if the name becomes irrelevant to the products or services offered then it must be changed to targets.
Documents Required
- Digital Signature Certificate of the one of the Authorized Director
- Copy of the latest Memorandum of Association and Articles of Association of the Company
Process of Increase in the Authorized Capital of the Company
Complete the Application Form
Document Processing
Conducting the Board Meeting and passing the necessary Board Resolution
Conducting the Members of the Meeting
Approval from the Ministry of Corporate Affairs
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