In today’s fast-evolving business landscape, regulatory compliance is more than a legal obligation—it’s a vital component of sustainable growth. For small and medium-sized enterprises (SMEs) in South Africa, the recent amendments to the Companies Act 71 of 2008 regarding beneficial ownership (BO) reporting are a crucial step toward greater corporate transparency. Here’s what your business needs to know to stay compliant and avoid penalties.
Continue reading “A Guide to Beneficial Ownership Compliance for South African SMEs”