by OAK Law Team | Jul 24, 2026 | Secretarial
Key Takeaways • CIPC records for directors, registered office, postal address, auditor, financial year-end, and MOI amendments must be kept current, not just accurate at incorporation. • Director changes must be filed with CIPC within 10 business days, using form...
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 | 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...
by OAK Law Team | Apr 14, 2026 | Secretarial
Key Takeaways • Every South African company and close corporation must file annual returns with CIPC, regardless of whether it is actively trading. • Since 1 July 2024, beneficial ownership declarations are mandatory before annual returns can be submitted. • Missing...
by OAK Law Team | Mar 12, 2026 | Secretarial
Reading time: ~4 minutes Key Takeaways • Professional practices that manage statutory and regulatory compliance together are better positioned for accreditation reviews and regulatory inspections. • Keeping statutory registers current as an ongoing practice builds a...
by OAK Law Team | Dec 5, 2025 | Secretarial
Reading Time: 5 minutes Key Takeaways • Companies Act compliance requires ongoing attention to annual returns, beneficial ownership declarations, and register maintenance. • Non-compliance results in penalties, potential deregistration, and inability to conduct...