The guide was developed due to the increasing interest and investment in Africa, despite global challenges such as the COVID-19 pandemic.

The guide includes inputs from over 19 jurisdictions (including South Africa), across the African continent.

It covers the most frequently requested jurisdictions across Africa and serves as an informational resource, not legal advice.

Click here to download the Guide:

Relevance to Auditors, Independent Reviewers & Accountants:

Your clients may be looking to grow their African footprint and therefore it is incumbent on accountants to understand the nuances, intricacies and ultimately the legal requirements of setting up in each of the countries in Africa.
Corporate law forms part of the legislation that your clients must comply with, and which you must assess compliance with. If they don’t comply with the relevant laws and regulations, you have certain reporting obligations in terms of NOCLAR (Non-Compliance with Laws And Regulations) – this could include reporting to management, qualifying your audit opinion, reporting a Reportable Irregularity, etc.
Company Secretarial staff play a critical role in assisting companies to continue to meet their compliance obligations.

Relevance to Your Clients:

An entity (company or close corporation) has a duty to comply with Corporate Law, otherwise they could be held liable.
Your clients may be looking to grow their African footprint and therefore it is vital to understand the nuances, intricacies and ultimately the legal requirements of setting up in each of the countries in Africa.

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