by Simone | Jan 28, 2020 | Company Services
Reading Time: 2 minutes Reading Time: 2 minutes A company or close corporation may decide to shut down for a variety of legitimate reasons. Under South African law, the closure includes formal deregistration with CIPC, bringing an end to the legal persona of the...
by Simone | Dec 17, 2019 | Company Services, Secretarial Services
Reading Time: 4 minutes Reading Time: 4 minutes So, you are all but “done” going to work every day, the same grind, etc, etc. It’s old hat and you are “over it”. You wake up one morning and decide “To here and no further……” and now you want to start your own business?...
by Simone | Oct 23, 2019 | Company Services
Reading Time: 3 minutes Reading Time: 3 minutes IFRS 16 is the latest International Financial Reporting Standard that applies to lease accounting. Hans Hoogervorst, IASB Chairman, explains: “[…] The new standard will provide much-needed transparency on companies’...
by Simone | Sep 25, 2019 | Company Services
Reading Time: 3 minutes Reading Time: 3 minutes Most often, when meeting the expectations of investors, it is thought to distribute profits in the form of cash dividends. However, the definition of a “distribution” in terms of the Companies Act, 71 of 2008, as...
by Simone | Mar 20, 2019 | Company Services
Reading Time: 2 minutes Reading Time: 2 minutes If your business is successful, it is bound to reach a stage where you are going to have to decide how you will let it grow further – some business owners prefer to let their businesses grow organically by using capital...
by Simone | Mar 6, 2019 | Company Services
Reading Time: 3 minutes Reading Time: 3 minutes Secretarial services are often seen as minor, but its importance should not be overlooked. As part of our extensive service range at MMS Group, we offer a selection of secretarial services that are designed to help your...
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