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Companies Act 71 of 2008

This Act modernizes and codifies company law in South Africa, governing the incorporation, management, and dissolution of companies, and establishing the…

What Companies Act 71 of 2008 requires

This Act modernizes and codifies company law in South Africa, governing the incorporation, management, and dissolution of companies, and establishing the duties and liabilities of directors. It applies to all companies registered in South Africa, with Section 76 codifying the standards of directors' conduct, including the duty to act in good faith and for a proper purpose.

Pillar: Banking & Global Finance · Authority: Parliament of the Republic of South Africa · Version: 1.0.0 · Last updated:

Primary source: https://www.gov.za/documents/companies-act

SHA-256 integrity: dd7cb7bb9175c82b19c5ee3e5b4967c05f7334f928b236b65a6275dab1892fb2

Primary Citations — 7 traced to source

  • Companies Act 71 of 2008, Section 13 - Memorandum of Incorporation
  • Companies Act 71 of 2008, Section 29 - Financial statements

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