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FOR OFFICE USE ONLYINDEFINITE PERIOD PAID UP SHARES APPLICATION FORM Authorized Financial Services ProviderApplication No. Application Date: DD/MM/YYYYAPPLICANT TYPE COMPLETE SECTIONS: Individual:ABDEFGForeign
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Individuals who want to ensure continuous coverage of a specific service or product.
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People who want to secure their financial future and have the means to make regular payments.
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Indefinite period paid up refers to the situation where a company has fully paid up their shares but has not set a deadline for when the shares must be paid for.
Companies who have fully paid up their shares but have not set a deadline for when the shares must be paid for are required to file indefinite period paid up.
Indefinite period paid up can be filled out by providing information about the company's fully paid up shares and explaining that there is no set deadline for when the shares must be paid for.
The purpose of indefinite period paid up is to disclose to relevant authorities that a company has fully paid up their shares but has not set a deadline for when the shares must be paid for.
Information such as the total number of fully paid up shares, the amount paid for each share, and the absence of a deadline for payment must be reported on indefinite period paid up.
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