Commercial Law
Are you a business owner and looking for comprehensive commercial services in Paarl or Kroonstad? Our experienced team of commercial attorneys specialize in business law, offering a wide range of services including contract drafting, commercial litigation, corporate legal counsel, and more. With a client-centric approach, we provide tailored solutions to meet your business needs. Whether you're a startup, SME, or large corporation, our firm is dedicated to protecting your interests and helping your business thrive.
We solve various commercial law problems:
We solve various commercial law problems:
- Registration of Companies
- Drafting and amending of company documents
- Changing of Close Corporations to Company Maintenance
- Setting up of Trusts, Family or Business Trusts:
Are you considering setting up a Trust, but not sure if it is really of benefit to you, your family or business? A trust is a separate legal entity with a legal personality and has contractual capacity. A trusts can own or purchase property, shares and other assets.
Speak to us for expert advice.
We can assist with two types of trusts:
1. Mortis causa Trusts – Trusts created in a will when you die.
2. Inter vivos Trusts – Trusts which you register at the Master.
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Why should you set up a trust?
Set up a Trust for succession planning
A Trust survives the death of the person who sets up the Trust. Through a Trust, you have a reliable way to ensure that your heirs will enjoy their inheritance without incurring debt in the form of Estate Duty. The value of your estate is also decreased. Any property owned by the Trust upon your death is excluded from the calculation of Estate Duty.
Set up a Trust for incapacity
Where the beneficiaries of a Trust are incapable of holding assets due to incapacity (mentally or physically), a Trust can be set up to hold assets.
Set up a Trust for sequestration and creditors
In the event of your sequestration, a Trust can be set up to hold and protect your assets. Your assets can also not be attached by creditors that might have judgements against you.
Set up a Trust for the security of minors
In the event that you die without a Testamentary Trust, any heirs under the age of eighteen (18) are unable to inherit any assets from your estate. The inheritance of such minors is subsequently paid into the Guardian’s Fund. A Trust will ensure easy access to funds.
Liquidation of Companies
Drafting of various contracts