Somaliland
Corporate Guide

Are there any filing requirements for a change of directors or a change in shareholding in Somaliland?

Yes. The law requires companies to report any changes to the company, including a change of directors or shareholding by filing a statement of amendment. Article 33 of the Regulations stipulates that a company is “obliged to register modifications on its articles of association, shareholder structure and directors as well changes of its registered office with the Registry”. However, the law is silent on the timelines and the penalty for failing to file the modifications.