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:

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

For help and advice on share allotment, please call, WhatsApp or text us on +263 786 507 158 or +263 (0242) 753 168 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

Experience High Quality Service

Why choose us for company registration

No hidden charges
Speedy service
30+ years combined industry experience
Trusted service
Simple company registration service

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
.The names of the allottees
The number of shares being alloted

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? Contact us today

We provide FREE qualified guidance to help get you started with your business needs.

Tel: +263 (0242) 753 168

Cell: +263 786 507 158

See what our clients are saying

Most of clients think our service is great

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.

Susan Shumba

Founder, Belavin Incorporated

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