Company Secretarial & Tax Compliance
COMPANY SECRETARIAL AND TAX COMPLIANCE
We are experts in providing comprehensive company secretarial, administrative and corporate services to a range of companies from small start-ups through to entities listed on the Johannesburg Stock exchange. We ensure your company complies with its statutory obligations pro-actively and efficiently. Our team have diverse depth of knowledge and skill set in the corporate secretarial, statutory compliance, and corporate government space. We have a wealth of experience in providing flexible, tailored services to more than 1000 clients throughout South Africa. We are one of the few leading professional service providers able to offer a strategic consultancy services to boards of directors to support them navigate the complex requirements of Companies Act, 2008. With a qualified FCIS practitioner as part of our strategic management team, we are able to provide advice to companies on matters including The King Code and report on Governance for South Africa “King III” and King IV” as well as a variety of deeper Companies Act consultancy services. According to the Companies Act 71 of 2008 as amended, all entities need to submit AFS returns through a system defined by CIPC. The CIPC will, as of 1 July 2018, implement new requirements for the submission of annual financial statements and annual returns, which will require submissions to be made via the XBRL. XBRL is a web-based computer language that is intended for business reporting and allows account numbers to be tagged within XBRL format, using predefined descriptions. This standardised tagging improves analysis of financial information and leads to more comparable and reliable information. XBRL reporting will assist entities with filing their annual financial statements in a more structured format, as opposed to PDF format. This will ultimately reduce the burden of multiple submissions to different regulators.
Our services include:
- Formation and Registration of new companies
- CIPC annual returns
- Assistance with memorandum of incorporation
- Corporate compliance matters
- Restructuring of groups or companies
- Director training on the duties and responsibilities of directors
- Corporate governance assessments
- Meeting Management Services
- Ethics consulting
- Statutory consulting
- Board and committee structure reviews
- JSE listings requirements support.
Taxation presents arguably the most dynamic and complex challenge in the context of financial planning. Ever changing legislation and rules are matched only by the new methods devised to make the discharging of tax liabilities as efficient as possible. When it comes to tax planning and strategy, every case is unique. Our approach remains versatile with an awareness that individual issues must be dealt with on their own merits but with the overall, long-term considerations always in mind. Whether you are the tax director of a multi-national group, an owner manager, an individual setting up a trust or in receipt of a trust income, an employee or a Public Benefit Organisation, we make sure you don’t pay more tax than is necessary and that your activities remain tax efficient. We also value the importance of relationships, especially over the long-term. Getting to know your needs over time means we will become more knowledgeable of your affairs and can react proactively to changing tax requirements in line with your own special circumstances.
Dealing with your personal tax affairs is an essential task in maximising quality of life as well as enabling you to plan for a more abundant future. However, the complexities of ever-changing tax regulations along with sometimes cumbersome record-keeping requirements can prove discouraging for many people.
Administering employment tax requirements can be complicated and time consuming
Public Benefit Organisations (PBOs)
Generally, PBOs are tax exempt but, in some cases, VAT and corporate tax can still apply.
Corporate Tax Compliance
Structuring companies so they benefit from high operational performance and legal protection, whilst ensuring that they don’t pay more tax than is necessary, provides the foundation for many a successful business. And as you grow you must be certain that expansion will not be hampered by unforeseen liabilities.
Corporate Tax Consulting
Our corporate tax consulting team is well experienced in strategic advising clients on the following issues which are frequently encountered.
- Dividends tax
- Business valuations
- Mergers and acquisitions
- Group restructuring
VAT and Customs
Indirect taxes such as VAT and customs and excise duties increase present onerous responsibilities for companies. Our experts advise clients on a wide of indirect taxes regarding all aspects of these taxes including compliance and reporting, dispute resolution and tax planning and execution.