All businesses in South Africa need to register their business particulars with the Companies and Intellectual Property Commission (CIPC). These details need to be updated on a regular basis. Under the new Companies Act 71 of 2008 no new Closed Corporation can be registered but all Closed Corporation need to be updated in the same manner as Companies.

Proximal can assist business owners with the following services:

• Annual return submissions
• Registration of new companies
• Changes to Memorandum of Incorporation (MOI)
• Access to information manuals
• Adding and removing of directors
• Changing of registered addresses
• Minutes for Annual General Meeting (AGM)

We can also assist client in setting up Trusts. Trusts can form an important part in structuring your business, but Trusts has to be managed in accordance with the Trusts act and adherance to good governance.