What is a MOI? The term "MOI" is an abbreviation for “Memorandum of Incorporation”. It is a document that sets out the rights, duties and responsibilities of shareholders, directors and other persons involved in a company. Every company registered in [...]
Many people ask us about the difference between member and shareholder. They are similar but distinct, and it is important to know how they differ. Difference between member and shareholder The term "member" has different meanings in different contexts. In a non-profit company, a member is [...]
Are you looking for a shelf company? Should you buy a shelf company or register a new one? A shelf company is a company that was pre-registered. It has no assets or liabilities and has never conducted business. It is [...]
Only a practising attorney may draft a memorandum of a company. A memorandum of a company includes a memorandum of incorporation (MOI) under the new Companies Act. If anyone else does, they are committing a criminal offence. There are many [...]
The new Companies Act of 2008 requires every South African company's Memorandum of Incorporation (MOI) to comply with the Act. The law asked that you amend your memorandum of incorporation by 30th April 2013. Many people are worried because they did not do [...]
Save time and money, and keep your company running by administering it electronically. The new Companies Act 71 of 2008 ("Companies Act") has been signed into law and commenced on 1 May 2011. It addresses various aspects not adequately [...]
Companies with shareholders agreements from before 1 May 2011 to regulate the relationship between their shareholders, are probably wondering how the new Companies Act will impact on them. Before 1 May 2013, the new Companies Act is not going to have [...]
EDIT: This post is now out of date, to get the latest details on the companies act see this post As many readers may know the Companies Act no. 71 of 2008 (a.k.a. The New Companies Act), was signed [...]
Please note that this post is out of date. To see our latest guidance on the Companies Act, please see this post. The Companies Bill has been signed into law by the President and is now officially the Companies Act 2008 [...]
