Compliance refers to a company obeying all of the legal laws and regulations regarding how they manage the business, their staff, and their treatment towards their consumers. The point of compliance is to make sure that corporations act responsibly. Is
President Jacob Zuma has signed the Financial Intelligence Centre Amendment (Fica) Bill, However, it must still be implemented. The bill is intended to strengthen measures to combat money laundering and the financing of terrorism‚ and in particular, will require enhanced
Every public and state-owned company has to appoint an auditor and a company secretary. However, in terms of section 92 of the Companies Act, 2008, the same individual is not allowed to serve as the auditor or designated auditor of
If a company/close corporation is in financial trouble and all possible avenues to save the business have been exhausted, there is one last option available to save the business: it can lodge an application for business rescue at the CIPC.
The basic steps to register a company under the Companies Act of 2008 at the Companies and Intellectual Property Commission (CIPC) involves certain forms and supporting documentation that must be lodged and the accompanied fees paid. The steps The first
There are various circumstances in which a company (or close corporation) can become deregistered at the CIPC. 1. The company itself can apply for deregistration at the CIPC, for any number of reasons. 2. If a company has not submitted