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This form is primarily required by newly incorporated companies in Nigeria that have issued shares. It is crucial for directors and company secretaries who need to report share allotments to the Corporate Affairs Commission (CAC). For instance, a startup that has recently raised capital from investors must file this form to reflect the new share distribution accurately. Additionally, existing companies that issue new shares or change their share structure must also complete this form to maintain accurate records.
Filing this form requires adherence to specific deadlines set by the CAC, typically within a stipulated period after the allotment of shares. Companies must ensure they provide accurate details regarding the number of shares allotted, their nominal value, and any consideration received. Necessary documentation includes proof of payment for shares and identification details of shareholders.
To submit Form CAC 2A, follow these steps: first, obtain the template from DocHub or directly from the CAC website. Next, fill out all required sections accurately, ensuring all shareholder information is complete. After completing the form, gather any necessary supporting documents such as payment receipts. Finally, submit your completed form either online through the CAC portal or in person at a designated office.
It is vital for companies to keep copies of submitted forms and related documents for their records. Inaccuracies in reporting can lead to penalties or complications with future filings. Furthermore, if additional space is needed on Form CAC 2A, attaching supplementary sheets formatted correctly is permitted.
