Where To Get A Share Certificate In South Africa
What is a Share Certificate?
A share certificate is a certificate issued by a company certifying that on the date the certificate is issued a certain person is the registered owner of shares in the company. The key information contained in the share certificate is: the name and address of the shareholder. the number of shares held.
Where To Get A Share Certificate In South Africa
The Companies Intellectual Property Commission (CIPC) is responsible for the registration of businesses, cooperatives and intellectual property rights in South Africa. The following certificates can be requested from CIPC (at a fee of R30)
Frequently Asked Questions
Who can issue a share certificate in South Africa?
Requirements concerning Share Certificates
The share certificate must be signed by two persons authorized by the board of directors, one of which is typically the company secretary, who normally issue the share certificates on behalf of the company.
Can I create my own share certificate?
You can get one from a company director. Most companies prefer to give an electronic proof. If you are a company owner, you can use a share certificate generator online. Interestingly, they are free.
Who signs a share certificate South Africa?
The share certificate must be signed by two persons authorised by the board of the company, one of whom is normally the company secretary.
How long does it take to get a share certificate?
After your primary enlistment, company share certificates should be issued to subscribers within two months. Generally, this is carried out as part of the first board meeting. Thereafter, a company have to within two months of share issuance allot the share certificate that represents those shares.
Does a company have to issue share certificates?
Companies must issue share certificates to shareholders (members) when new shares are allotted (issued) and when existing shares are transferred from one person to another.
How long does it take to get certificate from CIPC?
Currently names are taking about one to seven business days, as soon as you receive the name and submit for registration it can also take one to seven business days, anywhere in between.
Can I sell shares without a certificate?
“Can I sell shares without a certificate?” is a question many shareholders end up asking themselves. The answer is no because the certificate needs to be endorsed to be sold, but you can get your paper certificate reissued.
Do all companies have share certificates?
Companies are required to issue share certificates to shareholders within two months after an issue of shares or the date when the documents necessary to affect a transfer have been received by the company, unless the company holds its shares within the CREST system.
Can FNB help me register a company?
FNB will help facilitate your CIPC company registration and provide you with a business account and the tools needed to grow your business.
How much is it to register a company on CIPC?
If you wish to register a company, you have two options: Register a private company with a standard Memorandum of Incorporation with a name at a fee of R175. Register a private company without a name at a fee of R125.
Does CIPC certificate expire?
Please remember that you have to write your CIPC customer code on the form P10. Renew every year on or before the expiration of the 3rd year from the filing date. You can also pay the renewal fee plus fine within 6 months after the due date.
What documents are required to register a company with CIPC?
The following supporting documents are required: o Certified identity copy of applicant; o Certified copies of the Identity Documents of the Directors and Incorporators; o The name confirmation certificate (COR9.