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New Company (Pty) Ltd Registration (Name Included)  

A private company is the most common and simplest form of company to be registered. It is comparable to a close corporation, therefore Close Corporations are no longer registered.

Private Companies:

  • may not offer shares to the public and restrictions are also placed on the transferability of their shares.
  • must have at least one director and one incorporator.
  • The director and incorporator may be the same person.
  • The word “person” includes a juristic entity. This means that a legal entity or a trust may be an incorporator of a new company.  
  • Most private companies are owner managed and tend to have a smaller number of directors.
  • Directors can be changed if needed by the company.

Documents Required
  • State the number of directors in the the company will have along with their ID copies
  • Provide four proposed names in order of preference
  • Provide postal and physical address of the company (which can even be the same as your residential address)
  • Provide Company contact details (this includes email addresses and contact numbers)
  • Provide details of the intended director/s. (this includes addresses, contact numbers and email addresses)
  • Upload clear and recent ID copies of all directors
  • A limited Power of Attorney in which you give us the authority to register a company on your behalf, signed by all intended director/s (which will be sent to you via email once the order is placed).
Once registered we email the following documents to you
  • A registration certificate COR 14.3
  • A Notice of Incorporation COR 14.1
  • Confirmation of the initial directors appointed to the company COR 14.1A
  • Memorandum of incorporation (MOI) COR 15.1A
  • Share certificate (as required)

Simple 2 step process

  1. Apply for a new private company registration, include all supporting documentation above and
  2. Make the required payment after completing the application, of R797 via EFT or Credit card

The registration process takes 1-2 days, CIPC delays may occur.

 

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