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Companies Act Update 2024

CPD Hours: 1

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Companies Act Update 2024

Presenters : Edith Wilkins


Overview   

Are you familiar with the recent publications from the Companies and Intellectual Property Commission (CIPC)? 

The execution of company secretarial functions is imperative for all companies, Close Corporations, and other relevant entities operating in South Africa. These functions constitute a fundamental aspect of our operational framework and the comprehensive services we extend to our accounting and assurance clientele. Therefore, maintaining a current understanding of the latest advancements in this domain is crucial.  

The CIPC, as the regulatory authority overseeing compliance with the Companies Act, consistently issues significant updates to ensure adherence to regulatory requirements.  

Join Edith Wilkins where she will guide you through the essential compliance principles of the Companies Act that affect accountants, company secretaries, and directors. Additionally, there will be a comprehensive overview of notices issued by the CIPC. 


Learning objectives 

Attending this webinar will equip you with the following skills: 

  • Gain significant knowledge of documenting Beneficial Owners and the reasons behind their recording. 

  • Familiarise attendees with the Companies Act and Regulations, specifically focusing on the obligations concerning Beneficial Owners. 

  • Acquire the knowledge of the process for submitting Beneficial Ownership information. 

  • Gain proficiency in the online submission of director changes through the CIPC platform. 

  • Understand and adhere to the CIPC's stipulated requirements for submitting changes in directorship information.  


Content 

The webinar will cover the following topics:  

  • The function of the CIPC. 

  • Official communications released by the CIPC. 

    • Intent behind issuing notices.. 

    • Explanation of outlined requirements. 

  • Companies Amendment Act implications. 

  • Submission of documents to the CIPC. 

    • Necessary supporting documentation. 

    • Mandated forms and specified formats. 

  • Documentation of beneficial ownership. 

  • Checklist for ensuring compliance. 

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