Specific sections of the Companies Amendment Act, 2024 and the entire Companies Second Amendment Act, 2024 (collectively, Companies Amendment Acts, 2024) came into effect on 27 December 2024. The Companies Amendment Acts, 2024 introduce several changes to the Companies Act, 2008 (Companies Act).
Several amendments in the Companies Amendment Acts, 2024 that have not come into effect require the manner and form of documents, fees, or other items to be prescribed or determinations to be published, including through amended Companies Regulations, to implement the relevant amendment. However, updates to the Companies Regulations have not yet been published.
We highlight the key corporate-related amendments to the Companies Act, 2024.
Amendments highlighted in blue are in effect and amendments highlighted in orange are not in effect at the time of writing. Where relevant, practical actions that companies should take to comply with the new amendments or to address the impact of the new amendments, once effective, are included.
