How to create a share register with info docs
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.
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.
Adhoc – Free webinar
Study Unit 1
What is Section 50 of the Companies Act 71 of 2008?
Study Unit 2
Types of securities to be shown in a share register.
Study Unit 3
Creating a share register.
Study Unit 4
Creating share certificates.
Study Unit 5
How to create minutes and resolutions.
Study Unit 6
The BBBEE affidavit.
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”.
There are no preconditions for this course.
Recorded webinar made available on a specified date
By attending this webinar, you will be provided with:
- Summarised slide presentation
- Reference documents and / or course material where available
- Access to a technical knowledge base
- Recorded webinar that includes an expert presenter and participant interaction
Additional Course Information
|Verifiable CPD Hours||N/A|
|Non-verifiable CPD Hours||2|
Who should attend?
Business Accountant in Practice SA);
Business Accountant (SA)
Company directors; and