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Thread: Shareholders

  1. #1
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    Shareholders

    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

  2. #2
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    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.

  3. #3
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    Quote Originally Posted by Andromeda View Post
    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.

    I always wondered can you become one if you have a criminal record ? lol i don't have one, but I often wondered about it...

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