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All profit companies must complete and submit the Compliance checklist when annual duties are paid to CIPC
A share certificate must be signed by at least one director, together with a representative
Appointment of an Accounting Officer and Auditor to a company must be lodged with CIPC within 10 days of the appointment
If the CoR25 is lodged on 29 August 2020, the financial year end of a company may be changed from Dec 2020 to 31 August 2020
Where required in terms of the Act, the financial statements of companies must be submitted to CIPC in iXBRL format, before annual duties may be paid
A private profit company may make an offer to buy shares to the general public.
The Public officer of a company is also the CEO
When registering an External company, one must appoint at least one director who is a South African resident
The Act stipulates that at least four director’s meetings must be held during one financial year.
In terms of the Act, Companies are required to keep record of all resolution, minutes, notices, share certificates and transfer forms for an indefinite period