Companies Act, 2012.

This Act organized into 403 sections across twelve chapters, is designed to govern the formation, registration, management, and dissolution of companies in South Sudan. It is intended to promote transparency, accountability, and good corporate governance in the business sector and provides a legal framework for the establishment and operation of companies, protecting the interests of shareholders, creditors, and the public. The key provisions of this legislation encompass (i) the categorization and regulation of various company types, including public, private, limited, unlimited, and foreign companies, along with their respective prerequisites and responsibilities; (ii) the guidelines governing company establishment, registration, modifications, and dissolution, encompassing aspects like memorandum and articles of association, share capital, prospectuses, charges, and reporting requirements; (iii) the delineation of the rights and responsibilities of company members, directors, secretaries, auditors, and creditors, as well as the protocols for meetings, resolutions, financial accounts, and audits; (iv) the establishment of the office of the registrar of companies, along with the stipulation of fees and penalties associated with different aspects of this Law; (v) the inclusion of specific provisions tailored for insurance companies and certain societies and associations.