n Without Prejudice - The Law of the 3 Hats - company law

Volume 19 Number 11
  • ISSN : 1681-178X


Corporate governance is often the least of an entrepreneur’s worries when he or she sets out in business. There are a number of more pressing issues, like identifying markets, manufacturing products or negotiating with suppliers and distributors. The Companies and Intellectual Property Commission (CIPC) has streamlined the process of online company registration resulting in an increase of registered corporate entities. While information is readily available to these entities, the reality is that there is very little education for entrepreneurs and small businesses on the legal compliance and governance requirements of the Companies Act (71 of 2008).

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