Constitution Updates
 
  The provisions of the Company's existing Constitution will be deleted (except those provisions relating to shares and share rights) and replaced with an updated Constitution which includes sole Member/Director provisions.

It is important that the existing Constitution be read carefully before it is deleted as it is possible that it contains important provisions that have been drafted for particular reasons. An inappropriate change to a Constitution might expose your client to capital gains tax and problems between shareholders and stamp duty issues.

If you only require sole director/member provisions to be added to the existing Constitution our Company Conversion service is more appropriate than the Constitution Update service. Please complete the Conversion Order Form instead.