I am currently registering a company and encountered an issue with share allotment. The company has a total share capital of β¦1,000,000. One shareholder was allotted 1%, which is β¦10,000.
However, when adding this shareholder on the CAC portal, I entered β¦10,000 but could not proceed to the next page. The system requested the full company share capital.
I am concerned because I cannot recall where to input the directorβs own share allotment of β¦990,000.
Kindly advise on the correct way to handle this. ?
You are to add individual shareholders
Add the first person with 990 first and the other lastly