September 2020

Tax Incentives to Invest in Small Business: The Clock is Ticking

National Treasury is reviewing all of its business tax incentives to determine to what extent they are contributing to policy objectives. One such incentive under review is the “Section 12J” incentive, which allows an investor a deduction of the full amount invested in a Section 12J VCC (Venture Capital Company), provided certain requirements are met, …

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Six Important Business Lessons From The Coronavirus Pandemic

The coronavirus pandemic arrived like a thunderbolt and the unique situations it created found many companies unprepared and disorganised. Around the world, organisations began closing as it was found their emergency planning was not up to scratch and basic functions of the company could not exist in the new world. Now that we are half …

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Directors, Trustees: Can You Hold Your AGMs and General Meetings on Zoom?

Even with the lockdown easing, it seems likely that the need for social distancing will be part of our “new normal” for quite some time to come. So how as a company director do you comply with the Companies Act’s strict requirements to hold Annual General Meetings? What if you need to call an interim …

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