Like it or not, the Central Provident Fund (CPF) is a key part of Singaporeans’ lives. It ensures Singaporeans contribute steadily towards their own retirement nest egg during their working years and protects their monies against inflation with risk-free guaranteed returns. But what happens to their CPF monies when Singaporeans or Permanent Residents (PR) decide … Read more
HOW TO CHECK THE STATUS OF YOUR APPLICATION: SASSA announced on Friday 29 May that the application status tracker is now live, and applicants can keep up to date with it by typing https://srd.sassa.gov.za/sc19/status into their browser. The application is totally free of charge. SASSA warned that there are scam artists selling “application forms” which are not … Read more
For people who receive a grant or need to receive one. This is an overview of South Africa’s social grant system and how to apply for social assistance. For a developing country, South Africa has a well-established social welfare system and a large proportion of social spending goes towards social grants. Over 17 million social … Read more
An internet based process wherein the complete tendering process; from advertising to receiving and submitting tender-related information are done online. This enables firms to be more efficient as paper-based transactions are reduced or eliminated, facilitating for a more speedy exchange of information. CURRENT SITUATION Nowadays, large organizations usually have to handle multiple procurement needs by … Read more
A private company is the most common and simplest form of company to be registered. It is comparable to a close corporation. Close corporations are no longer registered. Private Companies may not offer shares to the public and restrictions are also placed on the transferability of their shares. Private companies must have at least one … Read more
The fees for requesting electronic certificates are R30 per certificate. To request an electronic certificate, follow these steps: Register as a Customer To view information on how to register as a customer, click here. If you are already registered as a customer, and know your customer code and password, proceed to step 2. Deposit funds Deposit … Read more
he memorandum of incorporation (MOI) determines the minimum number of directors and alternate directors, which, in the case of a private company may not be less than one director. A customised MOI will also set out the eligibility requirements for a director as well as the directors’ term of office. In the case of a … Read more
CIPC Banking Details and How To Make a Payment To CIPC Creating a virtual CIPC account To be able to transact with CIPC, customers need to register as a customer. When registered, a virtual account is automatically created in the name of the customer. Money need to be deposited into their CIPC virtual account (using … Read more
All companies (including external companies) and close corporations are required by law to lodge their Annual Returns with CIPC within a certain period of time every year. An Annual Return is a statutory return in terms of the Companies and Close Corporations Acts and therefore MUST be complied with. Failure to do so will result in the … Read more
CIPC Banking Details and How To Make a Payment To CIPC Creating a virtual CIPC account To be able to transact with CIPC, customers need to register as a customer. When registered, a virtual account is automatically created in the name of the customer. Money need to be deposited into their CIPC virtual account (using … Read more
