Categories
COMPANY

How to calculate your audit requirement

Private or personal liability companies that are required to be audited by the Companies Act, 2008 or regulation 28, must file a copy of the latest approved Audited  Financial Statements on the date that they file their annual return with the CIPC. Log in to your InfoDocs account here. If you don’t already have an account, register for […]

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COMPANY

How to calculate your Annual Return Fee

The fees are calculated based on the annual turnover of the company and payment must be made to CIPC when the return is filed. This is a mandatory requirement set out by the Companies Act to ensure that your company is in business, therefore faluire to pay this fee will result in your company becoming […]

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COMPANY

How to appoint an accounting officer

According to the Closed Corporations Act it is mandatory for each corporation to appoint an accounting officer, and if a vancancy arises a new officer must be appointed within a period of 28 days. Failure to appoint an Accounting Officer within the designated time frame, will result in non-compliance. On InfoDocs you are able to […]

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COMPANY

How to change a member

InfoDocs is the only company secretarial software to integrate with CIPC, allowing you to appoint and terminate members directly from the company dashboard. On InfoDocs you are able to appoint and resign a member with the click of a few buttons. Once CIPC has approved of your member appointment or resignation these changes will reflect […]

Categories
COMPANY

Financial Statements and Independent Reviews

Private or personal liability companies that are required to be audited by the Companies’ Act 2008, or Regulation 28, these companies must file a copy of the latest approved Audited  Financial Statements on the date that they file their annual return with the CIPC. The following private companies are required to have their annual financial […]

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COMPANY

How to make a director change with CIPC

The memorandum of incorporation (MOI) determines the minimum number of directors and alternate directors, which, in the case of a private company may not be less than one director.  A customised MOI will also set out the eligibility requirements for a director as well as the directors’ term of office.  In the case of a […]

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COMPANY

Company Secretary Changes

A company is required by law to appoint a Company Secretary within 40 days of the date of incorporation. Company secretaries play an important role in the compliance of a business as they are responsible for a number of compliane duties as set out in section 88 of the Companies Act  Appointing and resigning a […]

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COMPANY

Changes to the Company Authorised Shares

Shares are the units into which the ownership interest in a profit company is divided. The share capital of a company is made up of the funds contributed by shareholders to the company in exchange for their shares in the company. The new Companies Act, 2008 has changed the basis on which companies are capitalised. […]

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COMPANY

How to appoint a foreign director

Director changes can be a time-consuming and data-intensive process. InfoDocs allows you to appoint foreign directors with the click of a few buttons, saving time and frustration. Log in to your InfoDocs account here. If you don’t already have an account, you can sign up for a free trial. Follow these easy steps to add […]

Categories
CIPC COMPANY

How to change a financial year end

Section 27 of the Companies Act 2008, enables a company to elect when their financial year ends, within a 12 month period. InfoDocs makes changing your financial year end quick and easy. Follow these simple instructions: Log in to your InfoDocs account here. If you don’t already have an account, register for a free trial. Step 1: Once […]