Adopting a Memorandum of Incorporation as required by the Companies Act No 71 of 2008

All companies that existed prior to 1 May 2011 are required to Amend their Memorandum and Articles of Association or adopt a completely new ” Memorandum of Incorporation ” (MOI ) to remove any contraventions and/ or inconsistencies with the new Act .

Companies have until 30 April 2013 to meet this requirement.

The MOI shall have preference over any shareholders agreements which companies had in place before 1 May 2011. Thus it is essential that such agreements should be revised and amended (if necessary) before the cut-off date of 30 April 2013 to prevent any contradictions between shareholders’  agreements and the Law.

All companies are advised to get a MOI in place as soon as possible and also to look at shareholders’agreements timeously in order to ensure that they comply with the statutes of the Law.

We can assist you with compiling your “MOI”.





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IC Marais

Professional experience:

IC Marais is a certified CA (SA) with public sector and private sector technical knowledge based on 5 years’ Public Sector accounting, auditing and financial management experience and 5 years audit, tax and accounting experience. Detailed knowledge of private and public sector accounting and auditing standards (GRAP, IPSAS, IFRS, IAS, ISA) and public sector financial legislation (MFMA, etc.)

He enjoys the outdoors, hunting and fishing.


Professional experience:

In 1995, Schalk started as a trainee at Warner and Newton (which became Moores Rowland in 1997 and then Mazars Moores Rowland in 2007) in Bloemfontein. In 1998, Schalk was appointed as manager at Moores Rowland, where he became a partner in 2003. Schalk received his Postgraduate Certificate in Advanced Taxation in 2006 and in 2009 he received his Certificate in the Administration of Estates.


Professional experience:

Cedric started as a trainee at Warner and Newton (which became Moores Rowland in 1997 and Mazars Moores Rowland in 2007), Bloemfontein, in 1986. After completion of his articles, he joined the Special Investigations Division of the Department of Finance (SA Revenue Services) as a senior inspector from 1990 to 1991.


Professional experience:

Lucha started her career as a tax inspector at the Inland Revenue Department of New Zealand. After this she worked in commerce in Canada, Mexico and the United States.

On her return to South Africa, she completed her CA training contract with us and has been with Newtons ever since. She became a Partner in 2012.

Apart from her CA(SA) qualification she also holds a postgraduate certificate in Advanced Taxation (2005) and has the overall responsibility for training as our Training Officer.