CIPC Compliance: Accounting- and company-records

CIPC Compliance: Accounting- and company-records

The Companies Act requires a company to maintain certain records. These records must be accessible from the company’s registered office. If they are not accessible from the company’s registered office a notice to this effect must be filed with CIPC. What documents...
CIPC Compliance: Memorandum of Incorporation (MOI)

CIPC Compliance: Memorandum of Incorporation (MOI)

What is a MOI?The term “MOI” is an abbreviation for “Memorandum of Incorporation”. It is a document that sets out the rights, duties and responsibilities of shareholders, directors and other persons involved in a company. Every company registered in South Africa needs...
CIPC Compliance: Solvency and Liquidity Test

CIPC Compliance: Solvency and Liquidity Test

CIPC Compliance (Section 4, 44 and 45): Solvency and Liquidity Test and how it applies to Financial Assistance and director loans. Section 4 of the Companies Act 71 of 2008 refers to what a Solvency and Liquidity test are and how such a test should be done. This...