Cr11 form zimbabwe pdf download

A redenomination of share capital is to convert shares from having a fixed nominal value in one currency to having a fixed nominal value in another currency. Each share in a company limited by shares has a nominal value also known as par value , which is its face value.

This means all Companies registered before July are required to submit a CR11 form re-denominating their Nominal Capital. All rights reserved. Facebook Twitter Linkedin Instagram Youtube. Facebook Twitter Linkedin. Why every company registered before July need a cr11 form.

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While at face value it seems registering a company is not a necessity, years of research has proven that it is indeed important. In fact, your success in business may actually depend on it. August 26, Please Note: Due to the changes in the currency in Zimbabwe, companies are now required to reevaluate their company share capital from US Dollars to Zimbabwe Dollars. For a company to do that they will need to prepare a CR11 Form. This means all registered Companies are required to submit a CR11 form re-denominating their Nominal Capital.

Company Registration.