BUSINESS RELIEF
Do not wait until its too late ��.. �Rescue your BUSINESS today with BUSINESS RELIEF�

WOULD YOU LIKE TO SAVE YOUR BUSINESS?

Chapter 6 of the Companies Act provides Business Rescue Proceedings for Companies that require Business Relief ���

Act Now before it is too late ...
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We offer business relief services to:

• directors/members of businesses in distress
• all affected persons
• professional advisers

BEHIND WITH VAT/PAYE?

1. You owe SARS Tax (VAT, PAYE) which you cannot pay.
2. You owe Creditors in your business money which you cannot repay.
3. You would like to continue your business but need time to organize your operation (Business Rescue).
4. You want to continue your business but you cannot afford to pay all the money the business owes to creditors and SARS (VAT, PAYE) and you need permanent relief (Compromise).
   

Business Relief provides:

• a life line to businesses in distress
• a moratorium on legal proceedings
• breathing space to turn business around
• an alternative to liquidation

CONSIDERING LIQUIDATION?

1. Advantages

• a moratorium in respect of creditors providing the business with breathing space to work out a rescue plan without the ongoing pressure from creditors;
• the suspension and possible cancellation of contractual obligations;
• a better dividend to creditors than in a liquidation scenario;
• the saving of jobs and also job creation over the longer term.

Professional advice on business rescue proceedings including:

• the options/alternatives
• the process and procedure starting business rescue
• the appointment of the business rescue practitioner
• the rights of affected persons(shareholders/members, directors, creditors and employees)
• the rescue plan and the implementation thereof
• post � commencement finance
   

Contact Us

0861 0861 10