Share allotment

Work with Register Your Company on your share allotment

Share allotment – summary

An allotment of shares is when a company issues new shares in exchange for cash or otherwise both to individuals or corporate bodies.

Companies issue share for different reasons like:

  1. To repay some or all of the company’s borrowing.
  2. To grow the business.
  3. To fund a new development or project etc.

Register Your Company offers a service which handles this entire process, including the paperwork, from just US$45.00.

For help and advice on share allotment, please call, WhatsApp or text us on +263 778 702 715, (0242) 709 883 or email us at info@registeryourcompany.co.zw.

Share allotment – our service

Our share allotment service includes the following:

  • Allotment minutes – minutes for a board meeting where the share allotment is accepted and passed, in accordance with the Companies and Other Business Entities Act (Chapter 24:32)
  • Completion and submission of the share allotment form to the Companies Registry
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Share Allotment Frequently Asked Questions

How long will the allotment take?

Once we have all the information from you that we require, you will receive the documentation required to start the process within 48 working hours.

The share allotment will take 3-5 working days.

What information will you need to start the process?

We need the following information:

  • Company name and company number
  • .
What information do you need to start the process?

We need the following:

Transferors information;

  • Name(s) and surname
  • National identity number
  • Address
  • Number of shares being transferred

Transferee’s information

  • Name(s) and surname
  • National identity number
  • Address
  • Number of shares being transferred
Is there a maximum number of directors my business can have?

The maximum number of directors is 50 for a Private Limited Company.

Have a question? Get in touch today

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I just searched company registration in Zimbabwe on Google and found you guys. Your company registration service was outstanding. My company was registered within the specified time. I would recomend your service to anyone any day. Thank you.

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Founder, Belavin Incorporated

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