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How MOI helps your business by james kalish
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How MOI helps your business |
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Business
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Know the best way to comply with the standards of Corporate Governance? Get MOI compliant! Re-write those old Memorandums and Articles of Association (M&A) and enjoy the benefits of a new Memorandum of Incorporation (MOI). If you’re still making do with your current M&A you’re missing out on a golden opportunity to revamp and revitalise your business. You could make changes and amendments with a new MOI and help shareholders and directors understand the documents that govern the direction of the company. A dated M&A is a ticking time bomb for a business so why not replace it whilst you have the chance. Write a new MOI and government risk and compliance (GRC) becomes so much easier in the future. Okay, let’s look at the lowdown of MOI in relation to Corporate Governance. If you re-write that old M&A how is the new format going to help your business. You’d be amazed at how a MOI can be useful for your company. For starters you might not require an annual financial audit if you file a memorandum of incorporation with the Companies and Intellectual Property Commission (CIPC). Develop a new MOI and it helps you to understand financial reporting requirements and how to make savings in the future. You are brought bang up to date with a MOI, can amend provisions and make directors more aware of duties, responsibilities and liabilities, whilst adhering to GRC at the same time. You reduce legal costs with a MOI, help to eliminate business risks and improve the efficiency of the company in general. How do you re-write an MOI though if you have ne expertise in this area? The simple answer is find help with this process through a company that specialises in Corporate Governance. It’s easy to get MOI compliant. Just fill in an assessment questionnaire online and get a brilliant quote in the process. Or you can speak to somebody in the know and let them explain GRC first-hand. Try compliancecubed.co.za for advice about a Memorandum of Incorporation. They’re professionals that support business growth and help numerous businesses remain compliant with legislative and regulatory requirements.
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Corporate Governance, GRC,
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