Archive | December, 2013

Public Benefit Organisations and the Requirements of the Income Tax Act

Would your Non-Profit Company's Memorandum of Incorporation meet the Requirements of Section 30(3) of the Income Tax Act Should the Company Register as a Public Benefit Organisation? All non-profit organisations in South Africa are governed by the Non-Profit Organisations Act, No 71 of 1997 (the Act), which came into effect on 1 September 1998. In [...]

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Share Block Companies: A Viable Option

A Private Company is now a Viable Option for Share Block Companies A Share Block is a form of property ownership and is applied in cases where the land is leasehold and not freehold property since the property is either registered in the name of, or leased by a Share Block Company. The Share Block [...]

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