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COMPANY DIRECTORS SHAREHOLDERS SHARES

Company Records

The Companies Act 71 of 2008 (as amended) requires all companies to maintain certain company records for a period of seven years. A company must at all times have a copy of its Memorandum of Incorporation (“MOI”) and any amendments or alterations to it, as well as any rules that apply to the company in […]

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SHAREHOLDERS SHARES

How to record a share re-organisation

InfoDocs offers four share re-organisation 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. Below is an outline of each of the four transactions and […]

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SHAREHOLDERS SHARES

How do I do a share re-organisation?

InfoDocs offers four share re-organisation 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. Below is an outline of each of the four transactions and […]

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SHAREHOLDERS SHARES

How do I reprint a share certificate?

All companies are required to keep a register of certificated shares (also known as a “share register”). At any time, there may only be one original signed share certificate, and this must be kept in a safe place. Despite best intentions, however, share certificates do get misplaced, lost or stolen, and reprinting original share certificates […]

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BLOG SHAREHOLDERS

Companies Act Series – Part 3

Part 3: Shareholders’ Meetings By Dommisse Attorneys on 2nd December 2015 In order for a company to achieve its objectives, it must make decisions about its day-to-day operations, as well as its long-term goals and business aspirations. So, you may ask, how does one practically give effect to this? And between the shareholders and the […]

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BLOG SHAREHOLDERS SHARES

The Ins and Outs of Issuing Shares to Employees

By Dommisse Attorneys on 29th June 2016 We are frequently asked to advise clients on the best way to incentivise their existing and future employees. This is an important consideration for any company (and particularly start-ups) who wish to, for example, attract and retain talent. There are a variety of ways in which employees can […]

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SHAREHOLDERS

What is an authorised dealer?

According to the Exchange Control Regulations, all foreign shareholders of South African companies must be endorsed by a commercial bank, “authorized dealer”.

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SHAREHOLDERS

Why do I need to endorse foreign shares?

According to the Exchange Control Regulations, all foreign shareholders of South African companies must be endorsed by a commercial bank, “authorized dealer”.

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COMPANY SHAREHOLDERS SHARES

How to transfer shares

Transferring shares is the process of moving allotted (“issued”) shares from one shareholder to another. With InfoDocs, your shareholder records are held digitally which simplifies the process of making shareholder changes and populating the corresponding records.

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SHAREHOLDERS SHARES

Authorised vs. issued share capital

Most people are not aware of the difference between authorized share capital and issued share capital. In order to reflect your company shareholding accurately and legally, it is vital that you understand the difference between these two. Authorized shares are the amount of shares that can be issued by a company as per the Memorandum […]