Member/Director responsibilities
The Companies and Intellectual Property Commission (CIPC) has implemented the requirement to upload the Beneficial Ownership (BO) information annually to CIPC. The Companies Act now defines a beneficial owner as an individual who, directly or indirectly, ultimately “owns” or exercises “effective control” of a company.
CIPC
Please download and follow the instructions within the PDF to be in compliance with the new updates as soon as possible.
Trustee responsibilities
The new duties most recently imposed on trustees not only involve substantially more administration than ever before but also entail strict deadlines and hefty penalties.
Read the full article here
Trust
Please download and follow the instructions within the PDF to be in compliance with the new updates by the end of August 2023.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.
