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Share Capital: What to consider?

By Dommisse Attorneys on 2nd June 2016 The monies raised by a company through the issue of shares is commonly referred to as the share capital of that company. The Companies Act, 71 of 2008 (as amended) (“Companies Act“) regulates certain aspects regarding share capital, which every director, shareholder and potential investor should be aware […]

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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 […]