How to create a share register with info docs
To inform delegates how to create the mandatory share register using InfoDocs.
What you will learn
By the end of this event the participant should:
Understand the requirements of Section 50 of the Companies Act 71 of 2008;
Know how to create a share register and the contents thereof;
Know how to create share certificates;
Understand how to create minutes and resolutions; and
Know how to create a BBBEE affidavit.
What is Section 50 of the Companies Act 71 of 2008?
Types of securities to be shown in a share register.
Creating a share register.
Creating share certificates.
How to create minutes and resolutions.
The BBBEE affidavit.
Who should attend
The following persons will benefit from attending this webinar:
- Professional Accountants including: RA(SA), CA(SA),PA(SA) and BAP(SA);
- Accounting officers;
- Company secretaries;
- Company directors; and
- Compliance officers.
Compliance with the Companies Act is mandatory and directors, through the company secretary or company compliance officer, have a duty to ensure that the company complies with relevant sections of the Companies Act at all times!
Compliance with Section 50 of the Companies Act 71 of 2008 is a case in point. This Section requires every registered company to maintain an up-to-date share register. Recent statistics indicate that less than 10% of companies comply with this requirement, which means that the majority of your clients are non-compliant!
This was the reality when the CIPC mandated the compliance checklist earlier this year. Moving forward, you can expect share registers to be sought after by clients as the CIPC makes a stricter call on this requirement. In fact, the CIPC may even require companies to submit a share register as part of their annual returns, according to Clause 8 of the Companies Amendment Bill of 2018.
THIS WEBINAR RECORDING WILL BE AVAILABLE FROM 23 MARCH 2020
Joshua Alexandre, CEO InfoDocs
Joshua is a university dropout turned company secretary on a mission to automate the legal requirements for registered companies in South Africa. As a business owner, entrepreneur and director, he knows firsthand the challenges of starting a business and maintaining its legal status.
With his innovative startup InfoDocs, he is building what he refers to as "the Xero of company secretarial".