CR5: Statement of Share Capital

Defining Ownership, Equity, and Strategic Control

🧾 What Is CR5 For?

CR5 is the Statement of Share Capital—a foundational document that outlines how ownership is distributed within your company. It declares the number of shares issued, their value, and who holds them.

Think of CR5 as your company’s equity blueprint. It determines who owns what, how decisions are made, and how future investments or rewards are structured.

👥 Who Needs CR5?

✅ Founders formalizing ownership among co-founders ✅ SMEs preparing for external investment or partnerships ✅ Civil engineering firms allocating equity to technical directors or strategic advisors ✅ Educational institutions or consultancies assigning shares to contributors or board members

📅 When & How to Use It

✅ When: During company registration, before incorporation is finalized ✅ How:

• Decide on the total authorized share capital
• Allocate shares to founders, investors, or partners
• Specify the nominal value of each share
• Submit the CR5 form to the Companies Registry

💡 Tips for Equity Structuring

✅ Align shareholding with contribution—financial, intellectual, or strategic ✅ Consider future scalability: leave room for new investors or team members ✅ Use share classes (e.g., ordinary vs. preference) to manage voting rights and dividends ✅ Document shareholder agreements to avoid future disputes

🧠 Strategic Insight

Your share capital isn’t just numbers—it’s a strategic instrument. It allows you to: ✅ Attract and reward talent ✅ Secure funding while retaining control ✅ Build trust through transparent ownership ✅ Institutionalize legacy through structured equity

“Equity is not just ownership—it’s stewardship. Structure it to reflect your values, your vision, and your legacy.” – Dr. K. Vere

📜 CR6: Declaration of Compliance

Affirming Legal Integrity and Statutory Readiness

🧾 What Is CR6 For?

CR6 is the Declaration of Compliance, a statutory affirmation that all legal requirements for company registration have been met. It’s signed by a director or authorized representative and submitted with CR5.

Think of CR6 as your company’s oath of legitimacy—confirming that your foundation is lawful, ethical, and ready for formal recognition.

👥 Who Needs CR6?

✅ All entities registering a company ✅ Directors or founders responsible for legal compliance ✅ Civil engineering firms, consultancies, and educational institutions formalizing operations

📅 When & How to Use It

✅ When: Alongside CR5, during the final stage of incorporation ✅ How:

• Complete the CR6 form with accurate details
• Ensure all prior steps (CR2, CR5) are completed
• Sign the form as a director or authorized person
• Submit to the Companies Registry for approval

💡 Tips for Compliance

✅ Review all submitted documents for accuracy ✅ Ensure your company name is approved and reserved ✅ Confirm shareholding and director appointments are properly documented ✅ Keep a copy of all submitted forms for future reference

🧠 Strategic Insight

Compliance isn’t just about ticking boxes—it’s about institutional integrity. It enables you to: ✅ Operate with confidence and legal protection ✅ Build trust with regulators, partners, and clients ✅ Lay the groundwork for ethical leadership and sustainable growth

“Compliance is the compass that keeps your enterprise aligned with purpose, policy, and progress.” – Dr. K. Vere

🔜 Coming Up Next:

CR7 – Appointment of Directors and Secretary We’ll explore how to structure your leadership team, assign responsibilities, and comply with governance standards.

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