Priyesh ModiFeb 13, 2024South African Income Tax ActThe South African Income Tax Act, while not providing for “group taxation”, offers several relief provisions for groups facilitating...
Priyesh ModiFeb 6, 2024To Manage the Risk Buyers May Opt for Holdback or Earnout In South African private M&A transactions, buyers commonly acquire 100% of the target company's shares. To manage the risk associated...
Priyesh ModiJan 30, 2024"Drag-Along" and "Tag-Along" Provisions are Standard in Memorandum of Incorporation (MOI) and Shareholders Agreements (SHA),In South Africa, "drag-along" and "tag-along" provisions are standard in Memorandum of Incorporation (MOI) and Shareholders Agreements...
Priyesh ModiJan 23, 2024Section 34 mandates that any company intending to sell its business must publish a notice in the Government Gazette and newspapers 30 to 60 days before the intended disposal. In the context of business sale agreements in South Africa, a key early consideration before any agreement is signed involves making a...