A non-CSD company (Swedish: kupongbolag) is a limited company that is not a CSD-registered company (avstämningsbolag). This means its shares are not connected to a central securities depository such as Euroclear. The name comes from the dividend coupons that used to accompany share certificates. Most Swedish limited companies are non-CSD companies.
In a non-CSD company, the board is responsible for keeping, retaining and making the share ledger available. Share certificates may be issued. NVR offers a digital share ledger for companies that are not CSD-registered.
A CSD-registered company is a limited company whose share ledger is kept by a central securities depository.
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A share ledger is a record of a company's shares and who its shareholders are.
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A share certificate is written proof that a person owns certain shares in a limited company.
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A digital share ledger is a share ledger kept digitally instead of in Excel or on paper.
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Streamline the management of your ownership with an online digital share register – get started for free in minutes and let our guides help you easily handle everything from ownership changes to complex processes such as share issues, whether you are a large or small company.
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