Corporate mergers and acquisitions
The strategic decision to merge your business or take over another one can help you to consolidate your presence in an existing market, or to gain entry into a new one. These are bold decisions which require a thorough understanding of the legal framework that governs corporate mergers and acquisitions in South Africa. Tumbo Scott’s team of experienced professionals can guide you through the legal jargon to help you understand the rules and your obligations under them, so that you can make informed decisions about the future and continued success of your business.
BBBEE Advisory and transactions
The Broad Based Black Economic Empowerment Act is an important piece of legislation meant to redress past economic injustices. It is commendable that your business should want to participate in the broad based empowerment of the people of the nation. The Act is a comprehensive piece of legislation, and complying with the Code of Good Practice contained within it will require the help and advice of legal professionals who are well acquainted with both the elements of it, and their implementation in business. The team at Tumbo boasts a well spring of experience dealing with BBBEEE transactions and can advise you on best practice with your transactions.
It is important to know and understand the laws that regulate the kind of business you operate in. There might be laws specific to the sector you operate in, and ignorance is not a credible defense for non-compliance. The penalties for which can be dire. You need to keep up to date with the ever evolving legislation that governs labour and trade in South Africa, but it can be difficult to stay abreast of changes and their implications for your business. Tumbo Scott can help you with this. You can leverage their collective expertise in South African regulatory law to ensure your compliance with it.
The scope of environmental law in South Africa includes land-use and development, resource conservation and utilisation as well as waste management and pollution control. If any or all of these issues impact or influence your business then it is crucial that you are aware of what the legislation says about how you can or should be doing business. Tumbo Scott are familiar with the provisions of the existing environmental legislation, and keep informed about the future proposed changes. This makes them well placed to advise you on the implications of environmental for the continued profitability of your business.
In South Africa company law is the body of rules and regulations that govern the creation and operation of corporations formed under the Companies Act. It is your responsibility as a director of a company to be aware of the provisions of the Act and follow them. Ignorance is not an excuse for non-compliance and Tumbo Scott can help you interpret and adhere to the principles and regulations contained within the act.
Contract law forms the basis for what governs and enforces agreements entered into between persons and corporations. It is the foundation of business. When you enter into an agreement you want to be certain that you understand the provisions of it. You want to understand what you are agreeing to give up or gaining, and the jargon surrounding contracts can be intimidating and difficult to grasp without the help of experienced professionals. Tumbo Scott can advise you on different aspects of contract law, whether you want to have one drawn up or understand the nuances of one you have been offered. To better negotiate the deal you are making.
Legal training and workshops
Tumbo Scott offers legal training and workshops that help you and your team to learn about the relevant sections of the law that impact on your business. Through training and workshops you and your employees can learn how to navigate the rules of the law that affect what you do and how you do it.
Company secretarial services
Tumbo Scott also provides company secretarial services to help you with your administrative needs, so you can run your business with the support you need.