Port Elizabeth Law Firm
Legal Articles
The Tax Implications of Emigration from South Africa
South Africa has seen a growing trend of emigration over the years, driven by various reasons like career opportunities abroad, quality of life, or even safety concerns. However, if you’re considering packing up and leaving the country, there’s an important aspect to consider: the tax implications. Tax is an integral
Why is it important to perform due diligence investigations when acquiring or selling a business?
Performing due diligence investigations is a critical step in any transaction where a client intends to acquire or sell a business. For Walker and Associates, due diligence is a fundamental part of ensuring that the transaction is legally sound and free from unforeseen risks. The process involves a thorough examination
Why it is important to have a professionally drawn up partnership agreement?
A partnership agreement is a legally binding contract between two or more individuals or entities who agree to carry on a business together with the aim of generating profit. In South Africa, partnerships are not separate legal entities, meaning the partners are jointly and severally liable for the obligations and
What is a beneficiary agreement and why it is so important to have one professionally drawn up?
A beneficiary agreement is a legally binding document that outlines the rights and responsibilities of beneficiaries who have an interest in a trust, particularly where multiple beneficiaries are involved. It defines how the benefits or assets of a trust will be managed, distributed, and governed, ensuring that the interests of
