Every Company in South Africa needs to have Share Certificates for their Shareholders. We prepare these Share Certificates setup according to the Companies Act for our Clients all over South Africa @ only R490 within 48 hours. Apply below or call us now.
A Share Certificate is a physical, written document signed by the Directors of a Company, and serves as legal proof of each Director’s shareholding / ownership in the Company. These Certificates need to be prepared according to the Companies Act of 2008 through a Company Secretary. If the process is not followed accurately, the Certificates will be declared invalid in court by South African Companies law.
When is a Share Certificate needed:
1. Banks. Most banks requires new companies to have valid Share Certificate when opening a bank account.
2. Change of Shareholding. If Shareholders are added or removed, the original Share Certificates will be required. To track shareholding changes in your company you need a Share Register as well. This is a formal electronic ‘logbook’ which indicates exactly when shares has moved hand between which shareholders.
3. In Court. This document is proof of your ownership in a Company – if there is ever a dispute which are taken to court, this document will be the difference between a Shareholder’s success or failure to prove ownership in a Company.
In summary, a Share Certificate is proof of how much ownership a person has in a specific Company.
Cost: R 490 (all inclusive)
This cost includes Share Certificates for up to 4 Shareholders. For R200 extra you can include an ‘Electronic Share Register’ to formally track share transactions.
Timeframe: 48 Hours.
NOTE: Existing Companies may need other services before they can issue Share Certificates to new shareholders. Read about Share Transfers, Share Registers and much more.
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