Starting a business in South africa: Legalities
Starting a business takes careful planning and involves compliance with certain legal requirements. It is important to understand the relevant regulations and legal requirements to be complied with, so you can make sure you do what is best for the business you are starting. The Companies Act is the primary legislation governing a company and […]
Offshore companies are about more than just tax benefits
Many people who own business face a frustrating fate every year when the tax man comes a-knocking, as a large portion of their profit is taxed by the South African Revenue Service (SARS). Not only that, but businesses who trade internationally take the brunt of the burden for exchange rate conversions that further diminish their potential revenue. […]
Restorations of companies that have been deregistered for any reason.
We have come across many clients who’s companies or closed corporations (“CC”) have been deregistered with them being blissfully unaware of this fact. Only once the company or CC has to again transact, this fact comes to light. As a company/CC has to be active, or “in business” as the CIPC (Companies and Intellectual Properties […]