SARS and CIPC Compliance Crusade Aimed at Getting South Africa Off the Greylist
On 27 June 2024, SARS announced its enhanced Beneficial Ownership disclosures for the 2024 Filing Season. Not even 24 hours later, the CIPC issued a Media Release enforcing BO declaration, to be able to file Annual Returns. This may simply be a compliance coincidence, but more likely a strategic mov…