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Related South Africa Law Questions
I am a director of a pty ltd that we intend placing into
I am a director of a pty ltd that we intend placing into liquidation as a result if massive fraud perpetrated by an associate. Our company no longer has any income and accountants said its pointless c… read more
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Can a pty buy a house and rent the house out to a minority
Can a pty buy a house and rent the house out to a minority shareholder at an under-market rate? What will SARS do about this?… read more
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I am working for my negative cashflow pty, and my pty is
I am working for my negative cashflow pty, and my pty is unable to pay me a salary. Can the pty add my salary to my loan account? What would be the tax implications when the money in the loan account … read more
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If a company has gone into liquidation & owes SARS R11m taken
If a company has gone into liquidation & owes SARS R11m taken employees paye not paid vat & taken money from their pay slips contribution to pension fund R2m what can I do as the pension fund has now … read more
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hello I have voluntarily liquedated my company due to a supplier
hello I have voluntarily liquedated my company due to a supplier in china dissapearing with funds for a purchase order. I was paid upfron by the customer, and paid the supplier....now the customer wan… read more
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Can someone please help me. Due to many circumstances we
Can someone please help me. Due to many circumstances we were unable to submit our tax returns from 2007-2011. These are the circumstances 1 - With the credit crunch we lost major clients & many folde… read more
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Company ABC Paint (Pty )Ltd (referred to as ABC) goes into
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I am a director of a company - A (pty)ltd. My ex wife is the
I am a director of a company - A (pty)ltd. My ex wife is the 80% shareholder, but was never involved in the running of the company. I have returned my Vat returns, but did not pay them all because of … read more
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We are a pty ltd in the construction industry in SA, one shareholder,
We are a pty ltd in the construction industry in SA, one shareholder, who is a director. A large debtor has defaulted, no chance of recovery. We shut for the annual break tomorrow, and have paid all b… read more
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What happens if I have signed personal surety of R200k on a
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I recently received a final notice from SARS for Vat dating
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HI - IF WE ARE THE OWNERS OF A REGISTERED COMPANY, AND A RIVAL COMPANY IS "TRADING AS" UNDER THE SAME NAME, CAN WE FORCE THEM TO REMOVE THE NAME FROM ALL THEIR SIGNAGE AND DOCUMENTATION? KINDLY ADVISE… read more
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I currently own a pty ltd company . The company was established
I currently own a pty ltd company . The company was established to run a small lodge in a game reserve in Phalaborwa. The assets of the company include the property, building, and contents necessary f… read more
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Hello again. This disgruntled shareholder has now sent us a
Hello again. This disgruntled shareholder has now sent us a letter threatening that if we do not give him audited books this month, he will apply for provisional liquidation of the company. What actio… read more
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I am a small business owner that owes SARS about 500k in unpaid
I am a small business owner that owes SARS about 500k in unpaid taxes. If there any way of getting any relief from this? I cannot affort to pay this right now.… read more
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We signed a 3 year rental agreement and a 3 year maintenence
We signed a 3 year rental agreement and a 3 year maintenence contract with company called UPT Pty Ltd Reg # XXXXX Director Grant van Lieshout. Sasfin Bank paid the 3 year rental amount in full, up fro… read more
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GoodmorningMy buisiness has 4 partners and 3 directors. I
Goodmorning My buisiness has 4 partners and 3 directors. I am a 25% shareholder and director. It was decided and agreed to close and liquidate by end of August. All staff have been notified. I feel fo… read more
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The responses above are from individual Experts, not JustAnswer. The site and services are provided “as is”. To view the verified credential of an Expert, click on the “Verified” symbol in the Expert’s profile. This site is not for emergency questions which should be directed immediately by telephone or in-person to qualified professionals. Please carefully read the Terms of Service (last updated February 8, 2012).

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DISCLAIMER: Answers from Experts on JustAnswer are not substitutes for the advice of an attorney. JustAnswer is a public forum and questions and responses are not private or confidential or protected by the attorney-client privilege. The Expert above is not your attorney, and the response above is not legal advice. You should not read this response to propose specific action or address specific circumstances, but only to give you a sense of general principles of law that might affect the situation you describe. Application of these general principles to particular circumstances must be done by a lawyer who has spoken with you in confidence, learned all relevant information, and explored various options. Before acting on these general principles, you should hire a lawyer licensed to practice law in the jurisdiction to which your question pertains.

The responses above are from individual Experts, not JustAnswer. The site and services are provided “as is”. To view the verified credential of an Expert, click on the “Verified” symbol in the Expert’s profile. This site is not for emergency questions which should be directed immediately by telephone or in-person to qualified professionals. Please carefully read the Terms of Service (last updated February 8, 2012).

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