Archive | January, 2013

Why Convert your CC to a Private Company?

What is the current status of Close Corporations? “Since 1 May 2011 no new Close Corporations may be registered in South Africa,” advises Dr John Hendrikse, co-author of the Corporate Governance Handbook (Juta) and the Business Valuations Handbook (Butterworth). “The New Companies Act in conjunction with amendments to the Close Corporation Act, allows Close Corporations [...]

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