by Peet Pieterse | Jul 16, 2020 | Advisory
A public company or state-owned company must appoint a person knowledgeable or experienced in relevant laws as a company secretary. This is not a requirement for typical owner managed companies. A public company or state-owned company must appoint an auditor. This is...
by Peet Pieterse | Jul 3, 2020 | Advisory
A company’s name is registered at CIPC and CIPC will also issue the company with a registration number. A company may trade under a different name but must disclose the actual company name and registration number to any person who enquires after it. Every company must...
by Peet Pieterse | Jun 18, 2020 | Tax
In the past tax season usually opened on 1 July for individual tax return submissions. As a result of COVID19 SARS has implemented a new strategy to reduce the need for taxpayers to potentially visit a SARS branch. This includes an automated assessment for some...
by Peet Pieterse | Jun 17, 2020 | Advisory
Every year on a company’s/close corporation’s anniversary date the directors/members must submit an Annual Return to CIPC. This originally started off to confirm that companies and close corporations are still active but developed over the years to also collect...
by Peet Pieterse | Jun 8, 2020 | Advisory
A company’s financial year-end date is set when the company is registered at CIPC. In South Africa it can be any date of the year, unlike in other countries where the dates are sometimes fixed. A company can change its year end with a Special Resolution resulting in a...
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