Be sure, before establishing an ESOP, that you carefully consider the tax consequences for employees/beneficiaries and have the financial and manpower resources to comply with the provisions of the South African Companies Act, 2008 that will apply to it.
In South Africa, security over financial instruments is typically established through a pledge, cession in security, or a combination of...
Directors often delegate certain functions and tasks to company employees or rely on the advice of experts. However, under South African...
In South Africa, banking and finance transactions often involve suretyships and guarantees. A guarantor's obligation depends on what the...