Categories
COMPANY SHARES

How to create a share class

Once you have registered your company with the Companies and Intellectual Property Commission (“CIPC”), InfoDocs can help you to create your shareholder records in under 10 mins.

If you have already added a company to your profile, you can create shareholder records by either starting with the creation of shareholders, or share classes. To create shareholders, follow the steps outlined here.

To create a share class, follow the steps below:

  1. In your company profile, navigate to the Share Classes Tab, and click on Create New Share Class.

2. In the Create New Share Class box, fill in the date that the share class was created. There is also an option to select the Incorporation Date of the company, or the current date for your convenience. Name the shares, select the Share Type and then specify the amount of Authorised Shares for this specific share class. Registered companies will pull through share information from CIPC. You have the option to all the authorised shares for the company if there is only one share class. Click Save when you are done.

3. The new share class should show up in the Share Classes tab.

This step can be repeated for every new share class that needs to be created.

Leave a Reply

Your email address will not be published. Required fields are marked *