Zambia
Corporate Guide

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

A notice of change of directors must be filed with the Registrar of Companies within 20 days of the change (section 100 of the Companies Act).

Depending on the nature of the change in shareholding, the relevant forms must be filed with the Registrar. These changes include alteration of share capital (section 140); variation of class rights (section 143); forfeiture or surrender (section 148); allotment (section 149); reduction (section 150); transfer of shares (section 188); transmission (section 190); and conversion of shares (section 296).