Yes, that is true, my recommendation is to focus on your shareholder agreement. Minority shareholders in a private company are not in a strong position especially on exit.
Hi how can a holding company that acquired shares in my company be listed as a shareholder of my company and obtain share certificates as well @@swiftreg
HI, Do i understand this correctly. The cipc only issues the MOI with proof of the amount of shares available in the company. So where is the record for the amount of shares owned by individual people.(as i understand it now it it is completely managed by the directors and printed by them and issued)
Hi Anton, yes you are 100% correct. Its crazy, but that is how the law is written. Eventually SARS will have the shareholder information as it will form part of your financials. If you are having trouble issuing share certificates you are welcome to try our website www.swiftreg.co.za which has a function to help you print share certificates.
can you make a video on the process of getting a business started all the way to when the business is functioning. What to do first, second, third. when to register it ect
Hi Jason, I have made two series of videos covering your suggested topic. The first is the Entrepreneur's Journey (4 videos) and the second covers Business Basics (5 videos) Please subscribe to our channel to take a look let me know if it was helpful. Kind regards Douglas
I would really appreciate it as well. Especially with the book Keeping. Since as an business owner I am using my money to fund the business at its inception
Hi, when I registered my company, I didn't allocate shares. In my MOI it states "no more than 0 shares of a single class share". And do not have a share certificate. I need to open a business bank account and need a share certificate. How do I create one if I have zero shares issued in my MOI?
Hi Anushka, You will need to authorize new share capital and then issue the shares. We can assist you with this process. Please send and email to info@swiftreg.co.za requesting the application form for an increase in authorized share capital.
Hi, i want to register my business and i am the owner, i have no partners or anything of the sort. I dont really understand why i need shareholders and i dont really want people to be able to invest and take ownership of the business. I want to be the only person who has ownership, how do i go about that?
Hi Damian, Great question. You will be BOTH the director (The person who manage the business on a day to day basis) as well as the 100% shareholder (The person who owns the company) Most start up companies with sole directors are also the sole shareholders. I hope this answers your question.
i have registered a new company(with half a billion authorized shares) with a standard moi but ive only recently added 3 new directors and one of which is my business partner. how do i go about in allocating shares?
Hi Motsepe, Wow 500,000,000 is a very large number of authorised shares for a private company. I suggest you take a look at my video covering this topic th-cam.com/video/SXCJgoDyaAs/w-d-xo.html Remember the value of the company has nothing to do with the number of authorised shares and having such a large number of shares complicates the calculations. To decide how many of these shares you are going to issue and to whom, I suggest you simplify matters by doing the initial calculations in percentages and then working backwards from there, this also depends on how many shares you intent to issue in total, from the 500,000,000 and how many you intent to leave unallocated for future use.
Hi Molatelo there is a different process to follow when issuing shares for the first time vs transferring shares from an existing shareholder to a new shareholder. To answer your question on issuing shares for the first time, you simply minute it, write it up the share register and issue the share certificate www.sharevault.co.za will do all of this for you.
Hi Junior, my video was aimed at private companies, but the same principles apply when dealing with public companies. If you would like to buy shares in a public company listed on the JSE you would need to do so via a stock broking company. Most of the banks also offer a similar service. Good luck with your investing journey.
Hi Rezwan, CIPC does not capture, maintain or issue any shareholding information. In fact, they don't know who the shareholders are on private companies. I know it is absolutely crazy, but this is how the companies Act was written. Anyway, we can help you out with share certificates. Please log on the our website www.swiftreg.co.za and scroll down to the section to print your own share certificates the cost is R390
Hi Priddy, please use the following link to print your own share certificates. The cost is R390 for unlimited shareholders. www.swiftreg.co.za/Swiftreg/products/Share_Certificates.aspx Please get back to me if you get stuck or you have any further questions.
@@swiftreg I really appreciate your reply , my documents were rejected and it seems I need a new tracking number. Do you know how I could retrieve a new one ?
Hi Zaydan, did we submit your registration or did you apply directly with CIPC? If you did it directly with CIPC then you should start a new application and you will receive a new tracking number.
Hi Kwenzakwenkosi Please go to www.swiftreg.co.za (Using a PC) and click on the registration tab and then scroll down to the company amendment section and you should see the print share certificates option
Hi Angel, sadly we do not have representation in the USA. The reason for this is that we are South African based and all company legislation differs for country to country.
The printing of shareholder certificates using our service is optimized for the South African market would only work for you if Nepal's Company Law is similar to that of South Africa.
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Your vedios are excellent. Thank you
Glad you like them!
Thanks for the videos. Trying to understand setting up and buying into South African business is difficult!
Yes, that is true, my recommendation is to focus on your shareholder agreement. Minority shareholders in a private company are not in a strong position especially on exit.
Hi how can a holding company that acquired shares in my company be listed as a shareholder of my company and obtain share certificates as well @@swiftreg
@@swiftreg I patiently await your response
HI, Do i understand this correctly. The cipc only issues the MOI with proof of the amount of shares available in the company. So where is the record for the amount of shares owned by individual people.(as i understand it now it it is completely managed by the directors and printed by them and issued)
Hi Anton, yes you are 100% correct. Its crazy, but that is how the law is written. Eventually SARS will have the shareholder information as it will form part of your financials. If you are having trouble issuing share certificates you are welcome to try our website www.swiftreg.co.za which has a function to help you print share certificates.
can you make a video on the process of getting a business started all the way to when the business is functioning. What to do first, second, third. when to register it ect
Hi Jason, I have made two series of videos covering your suggested topic. The first is the Entrepreneur's Journey (4 videos) and the second covers Business Basics (5 videos) Please subscribe to our channel to take a look let me know if it was helpful. Kind regards Douglas
I would really appreciate it as well. Especially with the book Keeping. Since as an business owner I am using my money to fund the business at its inception
I am required to print a share certificate with a stamp of the accountant or auditor. Can you help and how much does it cost? Thank you.
Hi there, we charge R390, please use the following link. www.swiftreg.co.za/swiftreg/products/share-certificates.aspx
Hi, when I registered my company, I didn't allocate shares. In my MOI it states "no more than 0 shares of a single class share". And do not have a share certificate. I need to open a business bank account and need a share certificate. How do I create one if I have zero shares issued in my MOI?
Hi Anushka, You will need to authorize new share capital and then issue the shares. We can assist you with this process. Please send and email to info@swiftreg.co.za requesting the application form for an increase in authorized share capital.
Hi, i want to register my business and i am the owner, i have no partners or anything of the sort. I dont really understand why i need shareholders and i dont really want people to be able to invest and take ownership of the business. I want to be the only person who has ownership, how do i go about that?
Hi Damian, Great question. You will be BOTH the director (The person who manage the business on a day to day basis) as well as the 100% shareholder (The person who owns the company) Most start up companies with sole directors are also the sole shareholders. I hope this answers your question.
i have registered a new company(with half a billion authorized shares) with a standard moi but ive only recently added 3 new directors and one of which is my business partner. how do i go about in allocating shares?
Hi Motsepe, Wow 500,000,000 is a very large number of authorised shares for a private company. I suggest you take a look at my video covering this topic th-cam.com/video/SXCJgoDyaAs/w-d-xo.html
Remember the value of the company has nothing to do with the number of authorised shares and having such a large number of shares complicates the calculations.
To decide how many of these shares you are going to issue and to whom, I suggest you simplify matters by doing the initial calculations in percentages and then working backwards from there, this also depends on how many shares you intent to issue in total, from the 500,000,000 and how many you intent to leave unallocated for future use.
What is the process to issue shares before share certificate?
Hi Molatelo there is a different process to follow when issuing shares for the first time vs transferring shares from an existing shareholder to a new shareholder. To answer your question on issuing shares for the first time, you simply minute it, write it up the share register and issue the share certificate www.sharevault.co.za will do all of this for you.
I need to buy shares in one of the banks how do I go about doing that?
Hi Junior, my video was aimed at private companies, but the same principles apply when dealing with public companies. If you would like to buy shares in a public company listed on the JSE you would need to do so via a stock broking company. Most of the banks also offer a similar service. Good luck with your investing journey.
You print your own. Just máke sure you have all the relevent information on the certificate. Or you can use their website to make one. Swift. Reg
I lost my share certificate how do I get new one can't find any option from cipc website.
Hi Rezwan, CIPC does not capture, maintain or issue any shareholding information. In fact, they don't know who the shareholders are on private companies. I know it is absolutely crazy, but this is how the companies Act was written. Anyway, we can help you out with share certificates. Please log on the our website www.swiftreg.co.za and scroll down to the section to print your own share certificates the cost is R390
Where and how can one get the "share certificate "
Hi Priddy, please use the following link to print your own share certificates. The cost is R390 for unlimited shareholders. www.swiftreg.co.za/Swiftreg/products/Share_Certificates.aspx
Please get back to me if you get stuck or you have any further questions.
hey man , how do you recapture a notice on cipc
Hi Zaydan, I am not sure what notice you are referring to, is it a ticket that you have lodged with CIPC regarding a query?
@@swiftreg I really appreciate your reply , my documents were rejected and it seems I need a new tracking number. Do you know how I could retrieve a new one ?
Hi Zaydan, did we submit your registration or did you apply directly with CIPC? If you did it directly with CIPC then you should start a new application and you will receive a new tracking number.
i need a to print a share certificate please
Hi Kwenzakwenkosi Please go to www.swiftreg.co.za (Using a PC) and click on the registration tab and then scroll down to the company amendment section and you should see the print share certificates option
HOW CAN I SPEAK WITH SOMEONE FROM YOUR COMPANY IN USA
Hi Angel, sadly we do not have representation in the USA. The reason for this is that we are South African based and all company legislation differs for country to country.
is it avaiable in nepal too?
The printing of shareholder certificates using our service is optimized for the South African market would only work for you if Nepal's Company Law is similar to that of South Africa.
This guy is great
Thank you, much appreciated!