Explore the essentials of managing a share register for private companies under South Africa’s Companies Act 71 of 2008. This guide is tailored for small business owners looking to stay compliant and organized.
IntroductionStarting a small business in South Africa is an exciting venture. Among the numerous tasks you will handle, understanding share certificates is crucial. A share certificate is essential for legally…
Explore the pivotal role of shareholding confirmation letters in the corporate world, detailing the meticulous process accountants follow to verify shareholder details for banks, investors, and landlords.
IntroductionIn an era marked by increasing concerns over money laundering, terrorism financing, and illicit financial activities, the need for enhanced corporate transparency has never been more crucial. Hidden ownership structures…
What is a company secretary? A Company Secretary is a key managerial personnel of a company and is entrusted with the compliance and legal aspects of a company. Company secretaries…
IntroductionLenders will often seek the comfort they require as part of their due diligence in the first instance by considering a borrower’s annual (and management) accounts as well as any…
What Is An Income Confirmation Letter? An income confirmation letter is written by an accountant confirming earnings/income of: a director of a company who is also the shareholder of the…
What is an annual return? An Annual Return is a statutory return in terms of the Companies and Close Corporations Acts and therefore MUST be complied with. The purpose for…
Congratulations on registering your company. We wish you all the best in your business endeavours. Registering your company is only the first step in managing it. Throughout its life span,…
