The Panama leaks, last year’s HSBC leaks, and OECD’s “Automatic Exchange of Information initiative” all suggest that South African residents with accounts and investments in foreign tax jurisdictions should ensure that they are fully compliant with all their local and…
Pyramid Schemes: Easy to fall for, and even early birds lose the worm
Pyramid schemes are in the news again. They are easy to fall for, with not only desperate pensioners and low-wage earners but also Captains of Industry and many otherwise-savvy investors regularly tricked into “investing” in them. The reason of course…
Property and trusts – be careful!
For most of us, business dealings with trusts are most likely to happen when selling a property to, or buying a property from, a trust. But no matter why or how it happens, have your lawyer check that whoever signs…
Certificates of Compliance
If you are selling your house, flat or building then you are going to most certainly need a number of certificates of compliance (“compliance certificates“) before transfer can be registered. You’ll be well-advised to get them sooner rather than later…
Potential problems when a contract does not specifically deal with its termination
Even the most experienced businessmen have moments of short-sightedness when conducting business deals which may leave them in hot water. All too often, poor contract craftsmanship or legal oversight is the primary reason for their dismay. For example, what happens…
Introduction to Ashersons Attorneys
Selwyn Zackon, a Partner at Ashersons, provides an introduction into the firm. Established in 1920 by Raphael Asherson, Ashersons has become well known as a general practice offering its clients integrity and loyalty. The firm has throughout remained compact and presently comprises…