by OAK Law Team | Jun 9, 2026 | Conveyancing, Notarial and Property Law
Key Takeaways • The entity that holds your commercial property determines your tax exposure, liability position, and succession options. • Holding property in a personal name exposes the owner to full personal liability if things go wrong. • Companies and trusts each...
by OAK Law Team | Jun 9, 2026 | Secretarial
Key Takeaways • A UBO is the natural person who ultimately owns or controls a company, directly or indirectly. Juristic persons cannot be UBOs. • The 5% threshold applies to all declared interests; the aggregate of all declared interests must reach 100%. • Effective...
by OAK Law Team | May 13, 2026 | Ante-Nuptial Contract
Key Takeaways • Partners married in community of property may give their spouses indirect claims over practice assets, goodwill, and intellectual property. • This creates real risks for other partners , including instability during buyouts, disputes, and...
by OAK Law Team | May 13, 2026 | Commercial Law
Key Takeaways • Business rescue is a formal legal process under Chapter 6 of the Companies Act 71 of 2008. • A moratorium immediately stops creditors from pursuing legal action or attaching assets. • Directors who act early retain more control over the process and the...
by OAK Law Team | May 13, 2026 | Secretarial
Key Takeaways • Since 1 July 2024, CIPC has enforced a hard-stop: companies and close corporations cannot file annual returns without a current Beneficial Ownership (BO) Declaration. • BO must be filed within 30 business days of a company’s anniversary date each...
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