What is the difference between a shareholder and a director? A shareholder, or shareholders owns the company. The percentage of ownership is determined by the amount of shares they own. The director, or directors are responsible for the day to day running of the company. It is important to note that a director can also be a shareholder. Who issues a share certificate? It is the responsibility of the company to issue all share certificates. CIPC does not issue share certificates. Why it is important to have a share certificate. When you have registered a private company, it is important to havea share certificate, to show that you are the…