Categories
COMPANY

How to change a member

InfoDocs is the only company secretarial software to integrate with CIPC, allowing you to appoint and terminate members directly from the company dashboard. On InfoDocs you are able to appoint and resign a member with the click of a few buttons. Once CIPC has approved of your member appointment or resignation these changes will reflect […]

Categories
COMPANY

Financial Statements and Independent Reviews

Private or personal liability companies that are required to be audited by the Companies’ Act 2008, or Regulation 28, these companies must file a copy of the latest approved Audited  Financial Statements on the date that they file their annual return with the CIPC. The following private companies are required to have their annual financial […]

Categories
COMPANY

How to make a director change with CIPC

The memorandum of incorporation (MOI) determines the minimum number of directors and alternate directors, which, in the case of a private company may not be less than one director.  A customised MOI will also set out the eligibility requirements for a director as well as the directors’ term of office.  In the case of a […]

Categories
COMPANY

Changes to the Company Authorised Shares

Shares are the units into which the ownership interest in a profit company is divided. The share capital of a company is made up of the funds contributed by shareholders to the company in exchange for their shares in the company. The new Companies Act, 2008 has changed the basis on which companies are capitalised. […]

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Uncategorized

What are shares and share classes?

Shares are a units of ownership of a company. A company will issue or allot shares to a person or entity if they wish to allot or transfer a certain percentage or unit of ownership. The shares are the vehicle to allocate ownership in a company in the form of voting power and or profit […]

Categories
COMPANY

Edit access vs View-only

Whether you’re a professional or a business owner, InfoDocs has a number of helpful features to let you to collaborate on and securely share access to your company records. Edit access Edit access allows users to view, edit and update company, director and shareholder information. This includes filing annual returns, appointing directors, allotting new shares, […]

Categories
COMPANY

How to remove a third party

Third parties allow you to share access to individual companies. This option works particularly well for directors, shareholders and other stakeholders who you would like to grant edit or view-only access to. Log in to your InfoDocs account here. If you don’t already have an account, you can sign up for a free trial. Step 1: Once […]

Categories
COMPANY DIRECTORS

How to appoint a registered representative

A “registered representative” is a person who is appointed with full rights to act on behalf of another legal entity with SARS. In the case of a registered company this individual is also known as a “public officer” and needs to be appointed by a resolution of the board of directors. SARS recently enhanced the […]

Categories
CIPC COMPANY

Company Deregistrations

A company can be deregistered either automatically by failing to file annual returns or manually by referring the company for deregistration to the Companies and Intellectual Property Commission (“CIPC”). Deregistration will begin automatically when a company fails to file two or more annual returns. The CIPC will then notify the company to inform them of […]

Categories
COMPANY SHARES

How to redeem shares

InfoDocs offers four share reorganisation transactions that are easily completed on the app: Changing Authorised Shares, Re-classifying or Converting Shares, Redeeming Shares, and Share buy-backs. All of these can be found in the Share Classes tab, under Actions, and by clicking on Share Reorganisations. Follow the easy steps below to complete your company’s share redemption. […]