Intersect Connect

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Proudly homegrown - Let's go, team! 🇿🇦 🚀 #CelebrateSmallWins #BigGoals #IntersectConnect #ComplianceReimagined

Understanding the Public Interest Score (PIS) is crucial for any company operating within South Africa. This score determines a company's compliance obligations and influences how it manages its regulatory responsibilities. In this article, we will break down what a Public Interest Score is, how it is calculated, and the different outcomes it could have on your company's compliance requirements. #companysecretarial #goodgovernance #businesscompliance #companiesact #compliancesoftware #complianceautomation #cipc You can read more in the full article below: https://lnkd.in/dTx-ksuQ

😈 Time to hit the "disrupt" button! Let Intersect Connect digitise, centralise & streamline all your business compliance by bringing together all your financial-, HR-, Employment Equity and Workplace Skills training data onto one intuitive dashboard. Intersect is South Africa’s first fully integrated, cloud-based compliance management software that saves time and money on tedious compliance admin. Prepare to pump out automated, high-quality reporting and workflows at blistering speeds. 🚀 Welcome to the world of compliance automation. Welcome to Intersect Connect 😍 https://lnkd.in/dJPz3DtQ #compliance #complianceservices #compliancemanagement #saas #saasstartups #complianceautomation #digitaltransformation #cloudsolutions #cloudsoftware #accounting #companysecretarial #employmentequity #cipc

🔍 At Intersect, we’re passionate about simplifying the complex. Today, we’re diving into a unique aspect of business structuring — the ownership of a Close Corporation (CC) by a Trust. Many entrepreneurs opted for this model as their go-to structure, before the amended #CompaniesAct took effect in 2011. We find that there are a vast number of businesses that are still owned through this structure, but that business owners are uncertain about their compliance requirements. In this post, we’ll explore how Trusts can hold ownership in CCs, understand the legal nuances and responsibilities involved, and the key compliance considerations. Let’s unpack the details for you. 🤓 #entitymanagement #closecorporations #compliancemanagement #complianceautomation #

🌍 Mitigating Compliance Risks for Non-Profit Organizations: 6 Essential Steps At Intersect, we understand the unique challenges faced by Non-Profit Organizations (NPOs) in navigating complex regulatory environments. Staying compliant is critical—not only for maintaining trust and transparency but also for ensuring sustainable operations. In our latest guide, we share 6 practical steps every NPO should follow to effectively mitigate compliance risks and stay aligned with legal obligations. Whether you’re a small charity or a large foundation, these steps are designed to safeguard your organisation’s mission. #Compliance #NonProfit #RiskManagement #Governance #IntersectConnect #Sustainability

Non-profit organisations (NPOs) in South Africa play a crucial role in addressing social issues and supporting vulnerable communities. However, like any other sector, NPOs face various compliance risks that can undermine their effectiveness and sustainability. Managing these risks is essential to maintain public trust, secure funding, and ensure that the organisation operates within the legal framework. https://lnkd.in/d__THyct

The concept of beneficial ownership has become a cornerstone for ensuring transparency and accountability within organizations. A beneficial owner is typically an individual who ultimately owns or controls a company, either directly or indirectly, and who benefits from its assets and profits. 👨 👩 However, this definition raises a critical question: Can a minor legally be recognized as a beneficial owner of an organization? This article delves into the legal, ethical, and practical implications of minors holding such a significant role within corporate structures. We will explore the challenges, risks, and considerations that compliance officers and organizations must navigate when dealing with beneficial ownership involving minors, ensuring adherence to regulatory frameworks while safeguarding the interests of the organization and the minor involved.

The South African Revenue Service (SARS) is proposing significant changes to the country’s tax laws, aiming to crack down on companies that fail to appoint public officers. This move is designed to address a major administrative challenge SARS faces when collecting taxes from these businesses. National Treasury issued the proposed amendments as part of the 2024 Draft Tax Administration Laws Amendment Bill on August 1st. Let's take a deep dive into the implications of their propositions. #compliancesoftware #compliancemanagement #complianceautomation #TaxCompliance #publicofficer #sars

Navigating conflicts is an inevitable part of ensuring a company remains in line with regulations and ethical standards. Drawing on your strengths—whether it's analytical thinking, clear communication, or problem-solving—will be key in resolving conflicts effectively. In this article, we share insights, strategies, and experiences on how leveraging these strengths not only addresses challenges but also fosters a culture of compliance and cooperation. Let's explore how to turn potential conflicts into opportunities for growth and improvement.