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So far Ben Pieters has created 105 blog entries.

The CIPC Compliance Checklist

The CIPC Compliance Checklist- This is an online form to be completed to enable CIPC to track compliance with the Companies Act and Regulations Compliance Checklist Process: Obtain a quote and a questionnaire for you to complete, from us. Accept our quote via email and issue a purchase order (if applicable). Complete the questionnaire, sign read more..

By |2020-07-26T11:46:19+02:00Jul 26th, 2020|CIPC|0 Comments

Why does a board opt for a share buy-back of the company’s shares?

Ever wondered why a board opts to buy back the company’s shares? A share buy-back is almost always the subject of a shareholders’ resolution at each AGM of an issuer. Common sense dictates that boards resolve to pursue a share buy-back arrangement under the following circumstances: A discount exists between the current market price and read more..

By |2020-07-26T09:00:56+02:00Jul 26th, 2020|Share buy-backs|0 Comments

Exemptions From The Unalterable MOI Provisions

The memorandum of incorporation (MOI) is the main constitutional document governing a company's affairs and deals with various matters including, amongst others, the company's powers, internal governance, the regulation of securities and the powers of its board and shareholders. The Act, however, is not a rigid document and recognizes that modern businesses require flexibility in read more..

By |2020-07-25T18:01:29+02:00Jul 25th, 2020|Memorandum of Incorporation|0 Comments

Alterable and unalterable provisions of the Companies Act

There is no doubt that the Companies Act (71 of 2008) (“Act”) has modernised corporate law in South Africa, by amongst other things, creating flexibility and simplicity in the formation and maintenance of companies whilst promoting a balance between the rights and obligations of shareholders and directors.  This includes the concept of alterable and unalterable read more..

By |2020-07-25T16:56:32+02:00Jul 25th, 2020|Memorandum of Incorporation|0 Comments

Registered office and company records: what you need to know

What is the registered office of a company?  What company records must be kept at this office? Why is the registered office and company records so important? The South African Companies Act 71 of 2008 (the “Act”) is quite specific about these matters. Registered office and company records Registered Office Section 23 of the Act requires read more..

By |2020-07-25T12:55:51+02:00Jul 25th, 2020|Registered office and company records|0 Comments

Directors’ remuneration

Disclosure requirements are becoming more and more extensive ….. Section 30(4) of the Companies Act 2008 requires the annual financial statements of every company which is required to have its annual financial statements audited in terms of the Act, to disclose remuneration received by each director of the company; or each individual holding any prescribed read more..

By |2020-07-25T12:31:32+02:00Jul 25th, 2020|Directors' remuneration|0 Comments
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