Memorandum of Incorporation - The facts

Disclaimer: Please note that this article is at least 12 months old.
Any information herein was accurate when published on 26 September 2011

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The Act gives companies a two year "transitional" or "grace" period and which to comply with the new Act. The contents of the Memorandum and Articles of Association of pre-existing companies may this remain unchanged for two years calculated from the effective date of the Act, being 1 May 2011 until 1 May 2013.

Pre-existing companies can during the two year period, comply with the new Act by lodging their new MOI with the Commission.

New Companies formed after 1 May 2011 will need to comply with the new Act which creates new rules for incorporate, registration, organization and management of companies in SA. Statucor can assist you with drafting a new MOI as required by the Act and give you professional advice on all aspect of the Memorandum and Articles.

What now?

  • Down load your free copy of The Guide to the Memorandum of Incorporation Click here
  • Find out more about the New Companies Act and how we can assist you Click here.
  • Contact us for advice Click here
Disclaimer: Please note that this article is at least 12 months old.
Any information herein was accurate when published on 26 September 2011