South African Companies Act

The South African Companies Act governs how companies are formed, operated, and regulated in South Africa. It outlines legal requirements for registration, management, and compliance, ensuring transparency and accountability. The Act defines different types of companies, their directors' duties, shareholders' rights, and procedures for meetings and decision-making. It also sets rules for financial reporting, audits, and insolvency. Overall, it provides a legal framework to promote trust, protect stakeholders, and facilitate business growth within a structured and fair environment.