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This form is primarily required by private companies in South Africa that need to establish a formal record of their shareholders. It is particularly useful for new businesses looking to incorporate, as well as existing companies that are updating their shareholder information. Professionals such as company secretaries and legal advisors also utilize this form to ensure compliance with regulatory requirements.
To file the share register template, companies must adhere to specific requirements including submission deadlines and necessary documentation. The completed form must be filed alongside Form CoR 14.1, Notice of Incorporation, along with any required annexures and fees. Companies should ensure all pages are submitted if filing by paper.
Submitting the share register template involves several steps: first, obtain the fillable PDF from DocHub or relevant sources; next, complete all required fields accurately; then, gather any additional documents needed for submission; finally, send either a printed version or an electronic copy through the designated channels provided by the Companies and Intellectual Property Commission (CIPC).
It is crucial for companies to keep their share registers updated regularly to reflect any changes in ownership or structure. Failure to maintain accurate records can lead to legal complications or penalties under South African law.
