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Related South Africa Law Questions
PtyX was registered with the intent of developing software.
PtyX was registered with the intent of developing software. Is PtyX allowed to generate revenue by trading financial instruments? PtyX loses R1Million on the software development side of the business,… read more
CaseLaw
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PtyX trades financial instruments to generate revenue. To
PtyX trades financial instruments to generate revenue. To expedite matters, the CEO opened the trading account in his own name and funded the trading account with his own credit card. Profits generate… read more
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I did register a company but add 2 more directors reasons,
Hi, I did register a company but add 2 more directors for financial reasons … read more
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Freddie Lombard
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Greetings to you, My question relates to company law and
Greetings to you, My question relates to company law and labour law. Here is the scenario : I work for a Japanese company which has two overseas branch offices in South Africa, one in Durban and one i… read more
CaseLaw
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I have a SARS problem which I have been trying to resolve since
I have a SARS problem which I have been trying to resolve since the beginning of the year. Due to business being very bad over the last few years I have gotten behind with my Sars payments, ie VAT. Ea… read more
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Hi. A very close friend of mine has recieved a notice of
Hi. A very close friend of mine has recieved a notice of possible retrenchment letter from her employer. They have stated that the restructure within the organisation is the main reason for this possi… read more
WCLawyer
WCLawyer
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POINT OF SALE SYSTEM I would like to lodge a complaint concerning
POINT OF SALE SYSTEM I would like to lodge a complaint concerning the purchase and installation of a Point of Sale system at my guesthouse. In August of 2012, I discussed our sales processing system w… read more
WCLawyer
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Ive been in an executive position at a small PTY (Ltd). Im
I've been in an executive position at a small PTY (Ltd). I'm not a director or shareholder although the intention has been declared to make me a director at the next AGM and grant me shares at the sam… read more
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WCLawyer
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We engaged the services of an accountant, via referral. Stupidly,
We engaged the services of an accountant, via referral. Stupidly, and somewhat naively had him voluntarily register us for VAT. Done and paid for. He did not interview us as should be regarding the VA… read more
Mike Otis
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Legal Advisor
Master's Degree
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As director and registered public officer of my company can
As director and registered public officer of my company can SARS sequestrate me if my company goes into liquadation and was unable to meet the VAT + PAYE indebtedness to SARS. I own olmost no valuable… read more
Shaie Zindel
Shaie Zindel
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Hello. I want to know, if i am not employed, but i rent my
Hello. I want to know, if i am not employed, but i rent my prof. services out to companies and receive funds to my personal bank account: 1. Is this legal 2. What is the SARS implications 3. How do i … read more
WCLawyer
WCLawyer
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Bachelor's Degree
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I am the sole member of a cc which is my company, wherer I
I am the sole member of a cc which is my company, wherer I work full time. I am registered as a employee, with a tax no, and draw a monthly salary from the company. I pay monthly PAYE and SITE tax, an… read more
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Mike Otis
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With regards XXXXX XXXXX Sectional Titles act the appointment of
With regards XXXXX XXXXX Sectional Titles act the appointment of an auditor . Can only a Registered Auditor ie Chartered accountant be appointed or can a certified accountant say with other bodies lik… read more
WCLawyer
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Hi, I am the director of a company and my auditors submitted
Hi, I am the director of a company and my auditors submitted nil returns previously to get a tax clearance. This triggered an audit from SARS which is near final now. Can I be taken on criminally and … read more
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Mike Otis
Legal Advisor
Master's Degree
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Employee has stolen a million rand and wants to use company
Bookkeeper has stolen a million rand (not quantified in total by auditors) and wants to use company information against owners in blackmail - the bookkeeper was recently fired (for poor work performan… read more
CaseLaw
CaseLaw
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In 1999 we registered a close corporation (cc) as 3 partners,
In 1999 we registered a close corporation (cc) as 3 partners, which started to trade effectively in 2001. We registered with SARS for VAT, Income Tax, UIF and SDL. In 2005 we owed SARS about R 900,000… read more
JP
JP
Bachelor
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if I declare my business insolvent,ie more liabilities than
if I declare my business insolvent,ie more liabilities than assets, what does this mean long term. I ot divirced in Dec 2009 after 18 months seperation and on the 1st April, my ex wife, was accused of… read more
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Mike Otis
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Master's Degree
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I have a Pty company and I handed over the reins of the company
I have a Pty company and I handed over the reins of the company to my son. His vision is different from mine and he suggested I liquidate the current company and he would start a new company-all to st… read more
PHINEAS MOTAUNG
PHINEAS MOTAUNG
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Bachelor's Degree
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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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