12 May

What happens during liquidation?

The South African Revenue Service (“SARS”) issued Binding Private Ruling 336 on 6 December 2019. In terms of this ruling, a listed resident company (“the Company”) […]
26 April

Will SARS allow you to deduct your company/close corporation’s assessed loss?

Under normal circumstances SARS will allow a taxpayer to carry forward the previous tax year’s assessed loss and set it off against the current tax year’s […]
20 October

Removing Directors of a Company

The Companies Act, 71 of 2008, requires that the business and affairs of any company be managed by or under the direction of its board, which […]
27 September

Employment Equity 2016

Who must report in 2016… • All designated employers with 50 or more employees. • Employers with fewer than 50 employees who are designated in terms […]
22 January

Requirements to restore a deregistered company

There are various circumstances in which a company (or close corporation) can become deregistered at the CIPC. The company itself can apply for deregistration at the […]
22 January

Minutes of board meetings

Board meetings and the decisions made during these meetings may be determining for the effective functioning of a company. Clients are therefore reminded of the legal […]

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