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This MOI is purely for use by Existing SMME Private Companies (small businesses) that wish to amend their articles and memorandum of association (as such was referred to under the previous Companies Act).
For your convenience, we have drafted a shareholders’ agreement that is compatible with the SMME PRIVATE COMPANY MOI FOR EXISTING SMME PRIVATE COMPANIES, should you need such. It is available for purchase here.
It may be used where the existing smme private company has any number of shareholders and any number of directors, for example, it can be used in the following scenarios:
This SMME PRIVATE COMPANY MOI FOR EXISTING SMME PRIVATE COMPANIES:
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To effect amendments to your SMME Private Companies constitutive document, please visit the CIPC website here. Register as a customer here. Note that since ring-fencing is not envisaged in this MOI, it will NOT be necessary to complete CoR 15.2 Annexure A.
By amending your own company MOI, you: