PPRA plans to enforce tougher BEE rules
Businesses with low BEE scores may no longer qualify for Fidelity Fund Certificates after proposed PPRA rule changes.
Under the terms of Regulation 169(1) of the Companies Regulation of 2011, all companies or external companies must continuously maintain at least one office in South Africa, and register their principal office. The CIPC is now stepping up its efforts to ensure that companies stick to this rule.
The CIPC has also produced a list of acceptable proofs of address that you can find on their website.
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