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News

30Aug
2024

Companies Act Amendments

The Companies Act 71 of 2008 Amendment of 2024 were ascended into law on 25 July 2024 by President Cyril Ramaphosa. Explore our.. Read More →
05Mar
2024

CIPC Security Breach Notification

NOTIFICATION OF SECURITY COMPROMISE AS PER SECTION 22 OF THE PROTECTION OF PERSONAL INFORMATION ACT, 4 OF 2013 (“POPIA”) You are hereby notified.. Read More →
19Sep
2023

CIPC – Enforcement of Beneficial Ownership

ENFORCEMENT OF BENEFICIAL OWNERSHIP FILINGS AND SECURITIES REGISTERS AS FROM 01 OCTOBER 2023 The Companies and Intellectual Property Commission (CIPC) implemented a beneficial.. Read More →
01Jun
2023

New Reporting Requirements – Beneficial Ownership Registration

Why is this important! CIPC finalised and introduced their requirements and processes surrounding the registration of Beneficial Ownership this week on 29 May.. Read More →
01Dec
2022

PAIA POPI Services information

From 1 January 2022 all businesses must have a PAIA manual in place in accordance with the Promotion of Access to Information Act.. Read More →
29Nov
2022

Meeting Notes for: CIPC Meeting with stakeholders held on 24 November 2022 at 10h00.

Agenda: New Biz Portal General Laws Amendment Bill – Beneficial ownership update iXBRL update for Co-operatives Automation updates on the e-services 1. New.. Read More →
04Feb
2022

Companies Tribunal ADR Services

The Companies Tribunal (the “Tribunal”) is a department of trade, industry, and competition entity formed under the Companies Act No. 71 of 2008.. Read More →
11May
2020

Downloadable Virtual Board and Annual General Meetings

Don’t let the COVID19 pandemic affect your organisation’s performance and good corporate governance. Virtual meetings might pose a new territory for most organisations.. Read More →
26Mar
2020

CIPC notices

For more information, you can download the following two documents. Download Company, Close Co-operative services during Shut Down Download Customers Notice.. Read More →
17Mar
2020

COVID-19 and Statucor – clarity on our way forward

Dear Clients Statucor has been monitoring the developments with the COVID-19 coronavirus closely and would like to inform you of the measures we.. Read More →
21Nov
2019

CIPC Compliance Questionaire

South Africa’s Companies and Intellectual Property Commission (“CIPC”) has introduced a new requirement when lodging annual returns in the form of a Compliance Questionnaire.  This form.. Read More →
20Nov
2019

Failure to pay your Company’s Annual Returns

All Company’s registered in South Africa has a legal obligation to submit financial information and pay a fee related to its performance to.. Read More →
02Oct
2019

Improving board performance

“With the ever-increasing demand put on Companies and their boards by a multitude of stakeholders, board evaluations have become critical in driving continuous.. Read More →
20Aug
2019

The importance of concise accurate minutes

Every Company Secretary will tell you that one of their least favourite things about the job is drafting minutes. However, the Companies Act.. Read More →
16Jan
2019

CIPC releases new guideline for Corporate Compliance Programme

CIPC has released a new guideline for corporate compliance. Some of their recommendations include: There must be commitment from top management with regard.. Read More →
16Oct
2017

Companies Amendment Bill

The Department of Trade and Industry has proposed various changes to the Act to align with modern international corporate trends and to address.. Read More →
27Jun
2017

Urgent Notice from the Master of the High Court Pretoria to Members of the public

Kindly note that our services will be disrupted due to the office moving all files from old service provider to the new service.. Read More →
04May
2016

Chairmanship and the Science Behind Effective Meeting Management to Effect Business Productivity

In recent decades, executives have been struggling with very similar challenges in various forms and have yet to find generalised solutions for them... Read More →
27Jan
2016

The Promotion of Access to Information Act (PAIA)

On 26 November 2015 the office of the Minister of Justice and Correctional Services issued a notice confirming that the Minister has “decided.. Read More →
28Jul
2015

Notice to non profit companies: Duty to comply with annual returns

Dear Non Profit Company, Kindly note that as a non-profit company (NPC) you have a duty to comply with section 33 of the.. Read More →
21Jul
2015

Corporate Governance should be actively embraced for the tangible benefits it brings.

Corporate governance can sometimes feel like a major burden for companies, but the reality is that the corporate landscape would be incredibly unproductive.. Read More →
01May
2015

CIPC admits it has “teething problems” as companies complain.

JOHANNESBURG – The newly-formed Companies and Intellectual Property Commission (CIPC) has conceded its website is experiencing “teething problems” frustrating business people across the.. Read More →
10Apr
2015

No solution in sight any time soon.

It’s exactly ten days ago today that Moneyweb reported on the website’s “teething problems” citing, among others, difficulties in lodging annual returns and.. Read More →
01Mar
2015

Realising the Value of Independence

Johannesburg, 12 May 2015 – Privately owned companies would benefit greatly from having fully independent, non-executive directors on their boards, providing them with.. Read More →
10Jan
2014

Serial non-executive directors achieve physically impossible feats

The 80-plus directorships that some board members in South Africa reportedly hold are a “physical impossibility” without cutting legal corners and doing the.. Read More →
05Mar
2013

The Importance of an AGM

By law, every company is required to hold an annual general meeting (AGM) within 18 months of the date of its incorporation and,.. Read More →
01Jan
2013

The DIfference Between A Public And A Private Company

Main purpose and benefits A private company is in essence a company whose shares are privately held by, for example, the company’s founders,.. Read More →
31May
2012

Guidelines on Chairmanship

The word Chairman is derived from the words “chair” and the Latin word “manus” meaning hand. The picture of a chief sitting in.. Read More →
01May
2012

Barcoding of short/standard memorandums of incorporation

Announcement issued by Acting Commissioner Rory Voller of the CIPC Agreement has been reached between CIPC and the Banking Association of South Africa.. Read More →
01May
2012

11 Matters to Discuss at Your Company’s First meeting

Once your company has been registered, your next logical step would be to hold your first board meeting. Put your best foot forward.. Read More →
01Apr
2012

6 Reasons why every board needs a charter

After the Memorandum or Incorporation, your Board Charter is the second most important governance document in a company. It defines the director’s duties,.. Read More →
01Mar
2012

CIPC waiving filing of annual returns till 31 March 2012

The Companies and Intellectual Property Commission (CIPC) would like to accommodate customers in submitting the annual returns later than what the Acts require.. Read More →
18Jun
2011

CIPC plans overhaul as lack of skills and poor supervision lead to dropped calls

The Companies and Intellectual Property Commission (CIPC) will launch a decentralised call centre system next month in a bid to address the poor.. Read More →
17Jun
2011

Wilson Rich & Associates to join Statucor in the Cape

BDO announced today that Wilson Rich & Associates, the largest independent company secretarial practice in Cape Town, is to join the firm with.. Read More →
16Jun
2011

PAIA Manual deadline for private bodies

The Promotion of Access to Information Act, 2000 became effective on 9 March 2001, with the exception of sections 10, 14, 15 and.. Read More →
15Jun
2011

Memorandum of Incorporation – The facts

The Act gives companies a two year “transitional” or “grace” period and which to comply with the new Act. The contents of the.. Read More →
10Jun
2011

Annual Returns Suspended – CIPC

We have received notification that the annual returns section of the CIPC website is experiencing technical difficulties and is being temporarily suspended. This.. Read More →
05Jun
2011

Companies’ registrar in disarray

This article first appeared on the MoneyWeb website Small businesses face closure due to system inefficiencies and failures. Johannesburg – A number of.. Read More →
03Jun
2011

Notice to customers annual returns for companies and close corporations

CIPC has been notified of some billing challenges in relation to the filing of annual returns since 1 May 2011. In order to.. Read More →
01Apr
2011

New Companies Act – CIPRO update

With reference to the implementation of the New Companies Act, which is supposed to come into effect on 1st April 2011, Statucor wishes.. Read More →
01Dec
2010

Calls made for two sections of Companies Act to be scrapped

Business Day, 1 December 2010 – Wyndham Hartley Cape Town — Representatives of the banking and accounting industries called for the scrapping of.. Read More →
30Mar
2010

Stakeholders invited to provide comments on the consumer protection and companies regulations

Media Release From The dti Date: 30 November 2010 The Department of Trade and Industry (“the dti”) has released proposed Consumer Protection Act regulations.. Read More →