by VDT Attorneys | Sep 14, 2021 | Business, Company, Corporate, Shareholder
It is common practice for shareholders to appoint a proxy to represent them when they, as shareholders, are not available, able or inclined to attend a shareholders’ meeting themselves. On receiving notice of a shareholders meeting, a shareholder can then decide how...
by VDT Attorneys | May 20, 2021 | Companies Act, Company, Corporate, Shares
Firstly, it is important to understand that a shareholder is the owner of equity in a company and is by virtue of being such a holder entitled to enjoy certain rights, with such rights associated with the class of shares held and the rights associated with classes of...
by VDT Attorneys | Jan 6, 2021 | BEE, Business, Commercial, Company, Corporate, Tender
You are correct in that our Supreme Court of Appeal (SCA) at the beginning of November 2020 ordered that the Preferential Procurement Regulations 2017 promulgated under the Preferential Procurement Policy Framework Act 5 of 2000 be set aside and declared invalid. In...
by VDT Attorneys | May 13, 2019 | Business, Commercial, Company, Corporate, Director, Employment
Firstly it must be understood that although the positions of director, shareholder and employee can all reside in one person, these positions are not all the same and have different legal responsibilities potentially linked to them. A director of a company is...
by VDT Attorneys | May 13, 2019 | BEE, Business, Commercial, Corporate, Employment, Labour, Skills, Skills development, Tax, Youth
A useful tax incentive for employing youth is ETI or Employee Tax Incentive. ETI allows you to benefit up to R12,000 per year for every qualifying youth you employ. ETI was introduced to help make it more affordable for businesses to appoint new staff and assist young...
by VDT Attorneys | Feb 19, 2019 | Business, Commercial, Company, Compliance, Corporate, Data Protection, Information and data protection, PAIA, POPI, POPIA
Amongst other things, the POPI Regulations shed further light on what the duties and responsibilities of an Information Officer are. POPI defines an Information Officer as follows: in relation to a public body: an Information Officer or Deputy Information...
