Cecil Kilpin | February 2013 Newsletter

By |2016-10-21T08:59:16+02:00Jan 30th, 2013|Newsletter|

Deadline: 30 April 2013 - Your New MOI:  Every company which existed prior to 1 May 2011 is required toensure that it’s Memorandum and Articles of Association is aligned with the 2008 Companies Act, as amended. The deadline for submission of your new MOI to CIPC is the 30th April 2013. Here are some compelling reasons why it is advisable to meet the deadline: If the amendment is filed before 30 April 2013, there will be no CIPC fee charged Any provision contained in a company’s current Articles that is in conflict with the new Act will not be valid after 30 April 2013 The new Act has removed the compulsory audit of private companies, if their public interest score is less than 350. The [...]