It is important to note that the practice whereby companies or close corporations trade under names other than their registered names have ceased with the implementation of the Consumer Protection Act, 2008 on 1 April 2011. This means that a trading name must be the registered name of the entity. In terms of section 81 of the CPA, a business name may not be the same as, or confusingly similar to an entity already registered. The name may also not be the same as or similar to a registered trade mark belonging to another person.

The New Act will go a long way in promoting sound Corporate Governance, transparency, and access to information, among other regulatory oversight improvements. Transparency will be ensured through:

• Greater director accountability; and
• The appropriate participation of all stakeholders.

Are you totally familiar with the changing legislation – the New Companies Act 2008 and King III?

Do you actually have time to keep up with a host of statutory red tape – probably not!

We are in the best position to advise you on the most appropriate vehicle through which to conduct business.

Apart from our personalized service our dedicated secretarial department also offers:

Conversion of Companies and Close Corporations
Formation and registration of companies
Registered Office facility
Submission of Annual Returns
Amendments to and registration of statutory details
Maintenance of Statutory records
Registration of taxes and levies
Trust registration and administration