Failing to timeously lodge a company's annual returns inevitably triggers that company's deregistration. Although a fairly straight forward process, many directors remain oblivious to the importance of this requirement and neglect to ensure propert compliance therewith.
All land and property owners are entitled to fully use and enjoy the entire extent of their property. However, in rural and urban settings it’s more often than not difficult to determine where your property ends and your neighbour’s begins.
Asset protection, risk mitigation and limiting ones tax liability are only some of the desired reasons for separating ownership of one’s assets. This is perhaps the most significant purpose nowadays for establishing a trust.