Companies Act, 2008 (Act No. 71 of 2008), with Integrated Sections, Regulations, Notes and CIPC Forms


What are the objectives of the Companies Act, 2008?

  • To provide for the incorporation, registration, organization and management of companies, the capitalization of profit companies, and the registration of offices of foreign companies carrying on business within the Republic;
  • To define the relationships between companies and their respective shareholders or members and directors;
  • To provide for equitable and efficient amalgamations, mergers and takeovers of companies;
  • To provide for efficient rescue of financially distressed companies;
  • To provide appropriate legal redress for investors and third parties with respect to companies;
  • To establish a Companies and Intellectual Property Commission and a Takeover Regulation Panel to administer the requirements of the Act with respect to companies, to establish a Companies Tribunal to facilitate alternative dispute resolution and to review decisions of the Commission;
  • To establish a Financial Reporting Standards Council to advise on requirements for financial record-keeping and reporting by companies;
  • To repeal the Companies Act, 1973 (Act No. 61 of 1973) and make amendments to the Close Corporations Act, 1984 (Act No. 69 of 1984), as necessary to provide for a consistent and harmonious regime of business incorporation and regulation; and
  • To provide for matters connected therewith.

Why an Integrated Act? We all know what it is like: you are referencing a section that itself references other sections and regulations. You have to page through to those references hoping you have enough fingers and thumbs to keep your place. Not so with our Integrated Companies Act, 2008. From a section, regulation or note, go directly to related Companies Act references, Practice Notes and Guidelines, and CIPC Forms by clicking the hyperlinks we provide. How easy and convenient!