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In this video tutorial, Brend from Company Partners emphasizes the importance of having a share certificate and a shareholders agreement in place. He explains the difference between a director and a shareholder, noting that a director is responsible for the day-to-day management while a shareholder owns the company. It is crucial to understand that a director without shares is essentially an employee and can be held liable for any financial issues. When registering a company, CIPC only records directors, not shareholders.
