Legal advice in South Africa
South Africa Business Experts
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I have been trying to get a loan for some time now due to the large sum amount of the money to expand my business in Finland but i was unable to get a loan due to my credit score All other corporation/bank turned me down. Till i was introduced by start up overseas to Discovery Investment LOANS and i was able to get a loan from them without any delay. So i am using this opportunity to inform ev
Total Posts: 1 Last post by blessing865631
Hi Guys,I am looking to secure funding for my existing South African venture. Which is very successful and has huge potential to grow in to one of the prominent IT Distributon company for Southern Africa region. Please get in touch if you want to invest or fund in intrest.Thanks Samir Doshi
Total Posts: 2 Last post by sandownpark
South Africa Legalities
Business isn't as easy in some countries as it is here in the UK. You need to be aware of the cultural and legal implications of your business operations, because, in some places, you could face heavy punishment for transgressing. For instance, relocating a bikini shop to Saudi Arabia isn't the most astute business move.
It is therefore important to acclimatise yourself with the law in South Africa. There will be many legalities that you will have to adhere to, and you may even find that some laws you are familiar with here in the UK are no longer applicable. Likewise, you may find some new laws which strike you as strange or even oppressive.
Some of the areas to investigate are:
The body of laws, administrative rulings, and precedents which oversees the legal rights of, and restrictions on, employees and their organisations. This will include things such as minimum wage, holiday and maternity entitlement, ergonomics, trade unions, disability, etc.
The body of laws which oversee business and commercial activity. It may encompass such areas as principal and agent; freight and shipping; guarantee; marine, fire, life and accident insurance; bills of exchange and partnership; contracts; food and health regulations; safety laws; privacy rights; copyrights; trademarks; etc.
Civil / Common Law
The body of law that oversees sociality. It is invariably culture specific. It is important to familiarise yourself with these laws, especially as you will be adopting a new environment and culture.