Blog

XBRL from 1 July 2018 — Will the filing of CIPC annual returns and annual financial statements in the new XBRL format affect my company?

Author: Chris Wilson (FCIS), Managing Director, Kilgetty Statutory Services Introduction The Companies and Intellectual Property Commission (“CIPC”) has introduced a new way of lodging the Annual Financial Statements (“AFS”) which must accompany the Annual Returns of a company. At present CIPC receives all Annual Financial Statements in PDF format and physically analyses them on a [...]

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Kilgetty Statutory Services — Your Board and Shareholder Meetings Service Provider

Board and shareholder meetings can be time-consuming. Preparing and chairing these meetings places significant pressure and demand on an organisation’s limited staff resources. If your board is tied up in red tape, why not cut through the red tape? Consider outsourcing your board and shareholder meetings by allowing Kilgetty Statutory Services to take care of the [...]

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King IV™ – A Synopsis of Principle 5: Pertaining to Reporting

Melanie TeBrugge — Senior Board Consultant, Kilgetty Statutory Services Principle 5 of King Report on Corporate Governance for South Africa™ prescribes that a governing board should ensure that reports issued by the organisation enable stakeholders to make informed assessments of the organisation’s performance, and its short, medium and long-term prospects. King IV™ clearly articulates the [...]

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KING IV™ – A Synopsis of Principle 4: Pertaining to Strategy, Performance and Reporting

Melanie TeBrugge — Senior Board Consultant, Kilgetty Statutory Services Principle 4 of the King IV Report on Corporate Governance for South Africa™ prescribes that the governing board should appreciate that an organisation’s core purpose, its risks and opportunities, strategy, business model, performance and sustainable development are all inseparable elements of the value creation process. King [...]

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Trust Basics — 9 key questions answered

Cerize Roets — Head of Legal Services, Kilgetty Statutory Services The administration of a trust is governed by the provisions of the Trust Property Control Act, 1988 (Act 57 of 1988). There are two types of trusts; inter vivos and testamentary trust. An inter-vivos trust is created between living persons and a testamentary trust derives from the [...]

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How Company Secretarial Services Can Support Your Start Up

Starting a new business venture offers a substantial amount of excitement. For some, this is a new chapter they embarking on whereas for others, it could be an expansion of an existing business venture. Within any business including start up businesses, there’s a variety of processes and procedures which need to be followed in order [...]

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How Corporate Governance and Legal Services Takes Care of the Details So You Can Focus on Your Business

If you’re planning on starting up your own business, you would be surprised as to how much red tape there is. There can be so many rules and regulations you’re not aware of which can impact your business operations. One way in which you can avoid getting yourself and your business into trouble is through [...]

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Understanding The SARS Penalties and Why You Should Partner With Kilgetty

As a start up business, capital is everything. You can’t waste money on unnecessary expenses and penalties. It’s due to this, it pays to partner with a professional services that files your SARS return on time. This saves you time, money and resources. If you aren’t aware of what the most common SARS penalties are, [...]

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How To Instill Good Corporate Governance In Your Business

As part of your business set up, time should be spent on the policies and producers you want to establish for your business. After all, it's going to be the foundation in which your business will operate. Included in this is the way in which you want your business to be seen by the public. [...]

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Why outsource your company secretarial services to Kilgetty Statutory Services?

In the face of increasing pressure for companies and organisations in South Africa to pull their socks up in order to match their corporate governance practices with the King Code and Report on Governance in South Africa “King III” and South African Revenue Service “SARS” registration matters, it has become a lot more difficult for [...]

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Kilgetty will save you time & money in the short & long term with client-focussed company secretarial services.

Kilgetty Statutory Services offers nothing short of a professional, client-focussed service that seeks to benefit all clients big and small, offering nothing less than absolute attention to detail in order to provide South African companies, big and small, a phenomenal secretarial services platform that covers everything any business could possibly need in order to maintain [...]

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Does your company reflect credibility & integrity through good corporate governance?

Financial scandals in recent years have shown us that where there is a complete lack of accountability, transparency and security in many corporate and government structures, showing a breakdown in all it means to have good corporate governance. Today, most people and financial institutions are a lot more circumspect about where they will invest their [...]

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Do you need a helping hand to meet statutory obligations & the Company Act regulations?

Kilgetty Statutory Services is committed to delivering flexible and cost effective solutions to all companies, in every industry, whether it is for small start-ups or large corporate entities, solutions that make keeping track of all that is required of the Companies Act, SARS, CIPC and other statutory obligations, straightforward and simple. The idea is that [...]

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