Clients are reminded of two important deadlines, one of which is imminent and the other representing a reprieve!
Memorandum of Incorporation (MOI)
As previously reported, the new Companies Act (Act no. 71, 2008), requires all companies to replace their current Memorandum and Articles of Association (initial founding documents) with a single document, the Memorandum of Incorporation or MOI. The due date for this MOI to be registered with the Companies and Intellectual Properties Commission (CIPC) is 30 April 2013.You are referred to the detailed discussion of this issue in our October 2012 Newsletter (available on our Blog). Our advice is not to opt, as is permitted, for using your existing Memorandum and Articles of Association in place of an MOI, but rather to get your MOI in place as soon as possible. Remember, the deadline looms ahead.
Contact any of our directors for assistance in this regard.
SETA documentationClients will be pleased to note that the due date for submission of Workplace Skills Plans and Annual Training Reports to their registered SETA is no longer 30 June 2013, but has been extended to 1 April 2014.