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COMPANY DIRECTORS

How to appoint a registered representative

A “registered representative” is a person who is appointed with full rights to act on behalf of another legal entity with SARS. In the case of a registered company this individual is also known as a “public officer” and needs to be appointed by a resolution of the board of directors. SARS recently enhanced the […]

Categories
COMPANY DIRECTORS

How to resign a public officer

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. […]

Categories
COMPANY DIRECTORS

How to appoint a public officer

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. In order for an individual to […]