Archive | July, 2013

Why Convert Your Close Corporation to a Private Company

Close Corporations can no longer be registered With the advent of the new Companies Act, 2008 from 1 May 2011, it brought to an end the right to register new Close Corporations. Concomitantly, the opportunity to convert existing Close Corporations to private companies has been granted by the new Act. In terms of Schedule 3 [...]

Read full story