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Hi,
I am not South Africa`s citizen, but I want to make business here. I need advice: how to register a company with nominee director and I should control 100% of shares?
Is it possible?
Maybe there is a consultant in this area?
Have u tried searching this forum yet ? Becaus there is quite a bit of info ....
Yes, but as I searched there is a quite little info concerning nominee. The only thing I have found is a company that offers to create offshore company with SA citizen, but I don`t need an offshore.
Hi,I am not South Africa`s citizen, but I want to make business here. I need advice: how to register a company with nominee director and I should control 100% of shares?
Is it possible?
Yes, it is possible. Directors don't have to be shareholders. So you can register a company with yourself as the sole shareholder and a director who doesn't own any shares.
Founder of Growth Surge - Helping entrepreneurs create more wealth and enjoy more freedom.
Yes, it is possible. Directors don't have to be shareholders. So you can register a company with yourself as the sole shareholder and a director who doesn't own any shares.
Greig,
And maybe You know some one or a company that offers such services? I really need assistant in this question
Any reputable auditor can handle the necessary registration for you. There are also some companies (like Swiftreg) that specialise in business registration, but I haven't personally used any of them so I can't comment on their service.
It sounds like registering a business here in South Africa is just the first step in a bigger plan. If you send me a private message explaining what you are trying to achieve (e.g. what sort of business you want to set up), I can advise you further and share some (hopefully) useful recommendations.
Founder of Growth Surge - Helping entrepreneurs create more wealth and enjoy more freedom.
Any reputable auditor can handle the necessary registration for you.
There are companies in SA that check for names etc and register companies. They are a lot cheaper than auditors ...... I certainly would not go to an auditor to register a company - save the money - you will need it for other things.
Hi,
I am not South Africa`s citizen, but I want to make business here. I need advice: how to register a company with nominee director and I should control 100% of shares?
Is it possible?
Maybe there is a consultant in this area?
Hi
When you control 100% l should think the way is to register with you as a sole director, l am thinking a director with 0% shareholding may not make practical sense.
Why not consider other directors with 0.1-1% shareholding as an example, you can always fire those.
In my experience registering companies l am yet to see registered 0.00 % shareholders.
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