Good day all,
Can somebody please advise if the is any restriction age wise into who can be a shareholder, in other words can a minor own shares in a (Pty) Ltd.
Thanks
Neil
Good day all,
Can somebody please advise if the is any restriction age wise into who can be a shareholder, in other words can a minor own shares in a (Pty) Ltd.
Thanks
Neil
Hi
Being a shareholder is no problem that I am aware of. What can be a problem is the manner in which the shares were acquired; a minor must be assisted by a guardian to acquire assets, other than through inheritance, donation, or damages award.
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