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THE FACE OF SOUTH AFRICAN BUSINESS IS CHANGING

The face of South African business is changing. From 01 May 2011 the New Companies Act (Act 71 of 2008) comes into effect, paving the way forward for economic growth and improved global standards of corporate governance.

The new Act focuses on a regulatory framework for all enterprises, as well as on promoting growth, employment, innovation, stability, good governance and confidence, and assisting South African companies in becoming more competitive internationally.

The 1st of May 2011 also signals the birth of the new...

Companies and Intellectual Property Commission (CIPC)

The Commission is being put in place in order to deliver on the new Act’s mandate. The Commission brings together skills, knowledge and manpower from the Office of Companies and Intellectual Property Enforcement (OCIPE) and the Companies and Intellectual Property Registration Office (CIPRO).

The new Commission will act independently with a focus on the registration of companies and intellectual property. Further functions of the Commission, amongst others, will include education and awareness, investigations, compliance and enforcement.

CIPC: Protecting your intellectual property and elevating your business to new heights