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A guide to drafting different share structures in an MOI

In the next chapter of Derick’s legal odyssey, the stakes are elevated. Our quick-witted in-house counsel for Vector AI, with his desk now a shrine to legal tomes and tech gadgets, faces a challenge of corporate structure. After a particularly heady board …

Provided By ContractNinja

by Martin Kotze

Ultimate beneficial ownership registration requirements

As you may have heard, from the 1st of April 2023, a number of Acts were amended (the Companies Act 71 of 2008, the Financial Intelligence Centre Act 38 of 2001 (“FICA”) and the Trust Property Control Act 57 of 1988 (collectively, the “Acts”)) to introduce and regulate …

Provided By Eversheds Sutherland

by Greg Shapiro

We’re lawyers, not accountants, right? The impact of financial reporting standards during mergers and acquisitions

Lawyers are invariably responsible for the implementation of transactions falling within the broad category of mergers and acquisitions (M&A). The financial and accounting principles of...

by Andrew Turner

Amendments to Companies Act on the cards

The trade, industry and competition department announced that amendments to the Companies Act are on the cards during a briefing in parliament in a response...

by Sabinet

Significant developments in reporting beneficial ownership

In recent months South Africa has witnessed significant legal advancements concerning beneficial ownership, prompted by the global money laundering and terrorist financing watchdog, the Financial...

by Nicolene Schoeman-Louw

The legal status of companies and the validity of company actions

Introduction The 2008 Companies Act brought about uncertainty – perhaps to be expected considering the significant changes that it introduced. While many provisions were identical to...

by LexisNexis

Understanding the role of corporate & commercial law in IP protection in South Africa

Intellectual property (IP) is a vital asset of any business, and South Africa recognizes the importance of IP protection for fostering innovation and economic growth....

by Sivenathi Nyangane

Recent lessons in determining fair value – Share valuation can be a contentious issue, especially if the valuation is left to the courts

In negotiating the relationship between shareholders, it has always been important to consider a methodology to determine the value of shares. This issue has been...

by Andrew Davidson, Lara Jansen van Rensburg and Nicola Mullineux

Recent important FICA amendments you should be aware of

The past few months have seen a wide variety of important amendments occurring within the Anti-Money Laundering and Combating Terrorism Financing (AML/CFT) space. These changes began...

by DocFox