Company Registers Help System

After the Company has Been Registered

The following initial secretarial duties must be performed immediately after registration:
 
  • Prepare inaugural minutes by incorporator and director/s (the first minutes of the incorporator to the MOI containing the following:
  • Confirming the incorporation of the company.
  • Confirming the nature of the business.
  • Confirming the authorised and issued share capital.
  • Confirming the appointment of the first directors.
  • Resolving any immediate share transfers.
  • Confirming the company secretary (compulsory for public and state owned companies), not for a private company.
  • Confirming the auditors, if any.
  • Appointing the public officer.
  • Confirming the registered address.
  • Confirming the year end.
  • Ensure written consents are signed and received from the first directors.
  • Issue share certificates
  • Prepare securities register and company register.
  • Open Board of Directors Minute Book.
  • Ensure a letter of consent is received from the public officer.
  • Send notification to SARS, informing SARS of the appointment of the Public Officer and advise them of the registered office.  (The appointment of a public officer is compulsory in any registered legal entity).  This must be an individual and resident in the Republic of South Africa.
  • The company must now lodge their notifications to SARS via e-filing.  It can't be done through an agent anymore.