Introduction What is the difference between a Non-Profit Company and a Voluntary Association? This article will explore what is formally required for both, and when may one be more suitable than the other. While both are not for profit entities, and at face value may appear extremely similar, there are several key distinctions. Overview Section […]
Registration and Administration of Companies
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South African Commercial law: Section 12J venture capital companies continued – Part 2
Last month we unpacked what it means to be a registered Section 12 J Venture Capital Company or VCC in terms of South African Commercial law. We also unpacked the benefits for both Investors and Investees. In summary qualifying Investors will invest in VCC’s in exchange for Venture Capital Shares and Investor Certificates. Investors can […]
Why every company needs a tailored Shareholders’ Agreement
A Shareholders’ Agreement is just that – an agreement between the shareholders of a company. This agreement is an invaluable resource for any business as it structures the relationship between the shareholders and provides the foundation for how they will interact with each other. A Shareholders’ Agreement is drafted in order to protect the interests/investments of all the shareholders of the […]
South African Company law: non-executive director – is your house in order?
In terms of South African Company law, for many companies, having a board of directors means having both executive and non-executive directors that serve on it. An executive director is also an employee of the company and therefore, can be described as more operationally involved or involved on a more permanent basis with the day-to-day […]
Slide Share – Doing Business in SA: How to select the most suitable Business Entity
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