Nominee for a company registration

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  • business_girl
    New Member
    • May 2017
    • 6

    #1

    [Question] Nominee for a company registration

    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?
  • HR Solutions
    Suspended

    • Mar 2013
    • 3358

    #2
    Have u tried searching this forum yet ? Becaus there is quite a bit of info ....

    Comment

    • business_girl
      New Member
      • May 2017
      • 6

      #3
      Originally posted by HR Solutions
      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.

      Comment

      • Greig Whitton
        Silver Member

        • Mar 2014
        • 338

        #4
        Originally posted by business_girl
        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.

        Comment

        • business_girl
          New Member
          • May 2017
          • 6

          #5
          Originally posted by Greig Whitton
          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

          Comment

          • Greig Whitton
            Silver Member

            • Mar 2014
            • 338

            #6
            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.

            Comment

            • HR Solutions
              Suspended

              • Mar 2013
              • 3358

              #7
              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.

              Comment

              • business_girl
                New Member
                • May 2017
                • 6

                #8
                Originally posted by HR Solutions
                There are companies in SA that check for names etc and register companies. They are a lot cheaper than auditors.
                Yeap, auditor sounds expensive, but sometimes it is reasonable. Register companies are quite confusing and offer only offsores

                Comment

                • Tawa_mu
                  New Member
                  • Jun 2017
                  • 3

                  #9
                  Originally posted by business_girl
                  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.

                  Comment

                  • Tamall01
                    New Member
                    • Nov 2018
                    • 1

                    #10
                    Hi business girl I was wondering if you had any luck if you did please message me I am in the same position

                    Comment

                    • jonmalema
                      New Member
                      • Nov 2018
                      • 2

                      #11
                      Originally posted by Tamall01
                      Hi business girl I was wondering if you had any luck if you did please message me I am in the same position
                      You might want to start your own topic for quicker response.

                      Comment

                      • rourke
                        Full Member
                        • Jan 2013
                        • 30

                        #12
                        HI Guys i read this yesterday

                        I can help with the registraton and so forth and wont charge an arm and a leg

                        I did a few registrations for guys who are not residents in SA

                        Regards
                        PM me

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