Company Secretarial NEWS | ENTITY Compliance & ESTATES.

MD's email sent out for this post | https://bit.ly/39Tf5hF   The POPIA (The Protection of Personal Information Act) compliance deadline is 30 June 2021. If you have not yet attended to the development of a POPIA implementation and compliance framework to ensure...

24 Mar 2021 Today marks 100 days to the deadline for public and private bodies to ensure that their processing of personal information conforms to the Protection of Personal Information Act (POPIA). In preparation for the full implementation and enforcement of POPIA...

Click on the image below to access the updated manual for MD: (https://www.mdacc.co.za/index.php/paia-manuals/)

We draw your attention to the CIPC Notice 49 of 2020 advising that CIPC will begin regulatory compliance obligations again with effect from 01 December 2020. The CIPC had previously advised that the filing period for Annual Returns which fell within the National...

MD's email sent out for this post | https://bit.ly/350iNmg   Promotion of Access to Information Act (PAIA) Manuals MUST be submitted by 31 December 2020! The Promotion of Access to Information Act (PAIA) requires that all public and private bodies compile a...

MD's email sent out for this post | https://bit.ly/3ht9wrn Protect your loved ones with a professionally prepared Will When last did you update your Will?   A Last Will and Testament is the subject of much procrastination which often gets signed, placed somewhere for...

From the IoDSA Corporate Governance Team CIPC Director Quick Reference Guide The Companies Intellectual Property Commission (CIPC) has issued a guideline in terms of Regulation 4 of the Companies Regulations 2011 which is designed to highlight specifically, although...

A Last Will and Testament is the subject of much procrastination which often gets signed, placed somewhere for safekeeping and then forgotten about.  Please don’t make this mistake. In a recent webinar, I attended for business owners, 28% had no will at all, a further...

MD's email sent out for this post | https://bit.ly/3eAHwRm We alert you to the recent High Court of South Africa judgement that has seen former SAA Chair, Dudu Myeni, being declared a delinquent director in terms of the Companies Act. Judge Ronel Tolmay found that Ms...

"IoDSA welcomes delinquency ruling and calls for directors to commit to education Recent High Court of South Africa judgement has seen former SAA Chair, Dudu Myeni, being declared a delinquent director in terms of the Companies Act. Judge Ronel Tolmay found that Ms...

The Department of Trade and Industry (“DTI”) released a statement on 16 April 2020, stating that companies that are registered in terms of the Companies Act, 2008 and through the Companies and Intellectual Property Commission’s (“CIPC”) BizPortal to perform essential...

Click here for an important notice for all CIPC customers, regarding the downtime due to the national lockdown: notice_16

Section 45 is not a new section of the Companies Act. However, CIPC now requires you to note your compliance with this section as part of the new CIPC Compliance Checklist. It is a punitive section and can result in personal liability for the directors of a company or...

We are bringing the following very important and high-risk change to your attention: CIPC has introduced a Compliance Checklist to be completed as part of the Annual Return submission for all Companies (Proprietary Limited, Incorporated, Limited, State-Owned and...

The updated SAICA retention of records guide has been released: Retention of records guide updated Guide on Retention of Records (Updated April 2019) Click on the page below to view the document: This guide has been issued by The South African Institute of Chartered...

Submission of Annual Financial Statements to the Companies and Intellectual Property Commission (CIPC) using inLine eXtensible Business Reporting Language (iXBRL) as a standard, will be mandatory as from Sunday, 01 July 2018.

This was announced by the Acting Deputy Director General for Consumer and Corporate Regulations at the dti, Mr MacDonald Netshitenzhe who said that this was result of the company law reform aimed at instilling corporate accountability, transparency and reduction of...

We have identified a risk that relates to any loan, advance or credit made to a trust, by a natural person or a company that is a connected person to the trust where interest is not charged, or interest is charged at a lower rate than the official rate (currently...

Sometimes it takes a sensational story in a newspaper, as opposed to oft-repeated legal advice, to drive home the importance of regularly updating your Will. Such an article appeared in the Sunday Times on 29 January 2017, entitled Gone to the Dogs. Conveying some...

The King reports over the last two decades have become locally and globally synonymous with good governance. To date the King Codes have had limited impact on Small and Medium Enterprises (SMEs). It is important to note that the King Codes are voluntary.  In terms of...