memorandum of incorporation
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The importance of shareholding of a private company.
There seems to be confusion about what is the difference between a director and a shareholder. The article will attempt to explain how it works and the importance of getting the paper work up to date as soon as a private company is registered. Director vs Shareholder Being a director of a company doesn’t automatically make you a shareholder. A director is seen as merely an employee of the company that has to attend to the day to day running of the operation. This is where the shareholders come in. They are the owners of the shares of the company, thus making them the owners of the company. They have…
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Company Registration at CIPC
Do you want your business to look more professional? Get a private company registered at CIPC now. We offer the following the following for only R350: This offer is valid until 31 May 2023. Simply click on the link below to get started. Also look at all the other services we offer. Register a company Other services we offer AndreI have over 10 years experience in dealing with CIPC, tax and accounting matters. I have been self employed for the last 5 years. We always strive to give customers the best advise and service possible. cipcservices.co.za
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Get a fully functional business package
Business Registration Package – Only R950 This offer includes the following: Get your business registered now!! AndreI have over 10 years experience in dealing with CIPC, tax and accounting matters. I have been self employed for the last 5 years. We always strive to give customers the best advise and service possible. cipcservices.co.za
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What is the difference between a private company and a sole proprietor?
Private company vs Sole Proprietor Ever wondered what the difference between the 2 is? Well, wonder no more!! We will explain the differences and requirements for each below. Sole Proprietor If you trade as a sole proprietor, the individual and the company is the same legal entity. The name of the company will be your own initials and surname trading as the company name. The trading name has to be registered at SARS on your personal income tax profile. A sole proprietor has to compile financial statements consisting of an income statement, balance sheet, statement of owner’s equity and notes to the financial statements. The sole proprietor does not file…
