A company can be deregistered either automatically by failing to file annual returns or manually by referring the company for deregistration to the Companies and Intellectual Property Commission (“CIPC”). Deregistration will begin automatically when a company fails to file two or more annual returns. The CIPC will then notify the company to inform them of […]
Category: COMPANY
InfoDocs offers four share reorganisation transactions that are easily completed on the app: Changing Authorised Shares, Re-classifying or Converting Shares, Redeeming Shares, and Share buy-backs. All of these can be found in the Share Classes tab, under Actions, and by clicking on Share Reorganisations. Follow the easy steps below to complete your company’s share redemption. […]
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Company Records
The Companies Act 71 of 2008 (as amended) requires all companies to maintain certain company records for a period of seven years. A company must at all times have a copy of its Memorandum of Incorporation (“MOI”) and any amendments or alterations to it, as well as any rules that apply to the company in […]
All companies (including external companies) and close corporations are required by law to lodge their annual returns with the Companies and Intellectual Property Commission (“CIPC”) within a certain period of time every year. An annual return is a statutory requirement in terms of the Companies Act 71 of 2008 (as amended) and the Close Corporations Act 69 […]
Resigning or removing a company secretary from your company profile on InfoDocs is easy and simple. First, navigate to the Directors tab in your company profile and click on the Company secretary you wish to resign. In the Officers tab that opens up, click Terminate Appointment under Actions. Next, stipulate the date of resignation/removal, and […]
A company is required by law to appoint a Company Secretary within 40 days of the date of incorporation. The appointed individual must be a permanent resident of South Africa. Appointing a Company Secretary is easy with InfoDocs. Simply navigate to the Directors tab and under Actions, click on Appoint Officer. In the box that […]
All companies are required by law to appoint a Public Officer within one month of the company’s date of incorporation. Failure to appoint a Public Officer within the designated time frame, will result in non-compliance. The Public Officer is required to be a South African resident, and is in essence the face of the company. […]
All companies are required to appoint a public officer (aka “registered representative”) within one month of incorporation. Public officers must reside in South Africa during their appointment and may either be a director or individual. Once appointed, the company must notify SARS within 14 days to avoid hefty fines. With InfoDocs, appointing a public officer […]
InfoDocs offers four share reorganisation transactions that are easily completed on the app: Changing Authorised Shares, Re-classifying or Converting Shares, Redeeming Shares, and Share buy-backs. All of these can be found in the Share Classes tab, under Actions, and by clicking on Share Reorganisations. Follow the easy steps below to complete your company’s share redemption. […]
Company de-registrations are not yet a functionality offered directly by the InfoDocs app. However, a company can be de-registered by following a few simple steps. A company can be referred for de-registration by writing a letter to the CIPC stating that the company is not carrying on or is dormant, and has no assets or […]