It's Business As Usual, CIPA Assures Company Secretaries

No Image

Companies and Intellectual Property (CIPA)’s latest move to introduce the Online Business Registration System (OBRS) will oust consultation agencies from carrying out the business of assisting entrepreneurs with the usually lengthy business registration process.

The OBRS will be launched and instantly put into use June 3, 2019.  According to the organisation, all submissions will be carried out online and will take less time as the system is said to be efficient compared to the manual registration process.

“Business consultation agencies will not be out of business because the Companies Act stipulate that all registered companies must have a company secretary. The duty of the company secretary is to assist the entrepreneur to run their business in accordance with the provisions of the Act so that the entrepreneur can solely focus on running their companies to success,” affirmed CIPA awareness and communications manager, Marietta Magashula.

Editor's Comment
CAF is a joke, but...

We are told of massive spin-offs for hosting countries, which we assume was the catalyst behind putting in the bid.We are not too sure if it is a one-size fits all, where any hosting nation reaps the benefits or it’s on a case-by-case basis.There are arguments from both ends, with hosting a sure way to accelerate infrastructure development and a guaranteed cash flow during the 30-days of the tournament.There is a bump in employment creation...

Have a Story? Send Us a tip
arrow up