by Company Statutory Compliance | Apr 21, 2016 | CoSec Blog | Stephanie Phillips
CIPC Annual Financial Statements All companies must prepare annual financial statements (“AFS”). Public and State Owned companies (SOC) must have audited AFS while a Private, Personal liability and Non-Profit company is not required to have its AFS audited unless: in...
by Company Statutory Compliance | Oct 28, 2015 | CoSec Blog | Stephanie Phillips
All private bodies have to comply with The Promotion to Access of Information Act (PAIA) by the deadline date being 31 December 2015. The definition of “PRIVATE BODY” is as follows: a natural person who carries or has carried on any trade, business or profession, but...
by Company Statutory Compliance | Oct 28, 2015 | CoSec Blog | Stephanie Phillips
All employers who employ one or more workers in connection with their business or farming activities are required to register with the Compensation Fund. WHO IS AN EMPLOYER? All persons who employ one or more employees, in connection with their business or farming...
by Company Statutory Compliance | Sep 1, 2015 | CoSec Blog | Stephanie Phillips
The Promotion of Access to Information Act (PAIA) requires that all public and private bodies compile a Section 51 Manual, a signed copy of which must be submitted to the South African Human Rights Commission (SAHRC) by 31 December 2015. Failure to comply with the...
by Company Statutory Compliance | Aug 14, 2015 | CoSec Blog | Stephanie Phillips
I’ve recently had several people tell me that they struggle to get their clients to bother keeping their company secretarial records. So what can you say to get your clients to change their mind? How about telling them they could face a fine of up to a million rand,...
