Private, Corporate Company Registrations
    - Natural person shareholding

    In terms of the Companies Act, 2008, a company may be registered with or without a company name. When a company is registered without a reserved name, its registration number automatically becomes the company name. This is the quickest way to register a company.

    Such a company may transact with a trading (business) name, or may apply to add a reserved name at a later stage. In this case, the company will need to first reserve a name and then apply for a name change, which constitutes a change to its Memorandum of Incorporation (MOI) (refer to Maintain a Business).

    Company registrations incl. income tax registrations are priced at
    R3300.00




    Applicant information






    Please provide AT LEAST 3 suggested company names to be used for registration

    Please do not use any symbols (@$#*&^-) in the name as this cannot be registered.







    Company information



    [group companytype-other]

    [/group] [group companydescription-PtyLtd] A Private Company (Pty limited) is treated by South African law as a separate legal entity and has to register as a tax payer in its own right.
    It has a separate life from its owners and is required by the The Companies Act, No 71 of 2008 to perform rights and duties of its own. The owners of a Private Company (Pty limited) are shareholders.

    The name of a private company must end with the words ‘(Proprietary) Limited’ or ‘(Pty) Ltd’.
    Details here comparing a Private Company ((Pty) limited) to a close corporation. Please bear in mind that close corporations are no longer available as new entities so most new structures will be Pty Ltd.

    [/group] [group companydescription-NPC]
    The primary objective of the NPC entity format is to be a benefit to the public; protect the environment or stand for a social cause. Unlike the Pty company format, NPC’s does not make a profit, but only use the company’s funds towards the community / cause. The income / donations produced by the NPC cannot be distributed to the Members / Directors of the non-profit company, except as reasonable compensation for services rendered by them.

    The name of a Non-Profit Company will end with the acronyms “NPC”. An NPO can be registered once your NPC has been registered with CIPC.

    [/group] [group companydescription-INC]
    A Personal Liability Company Inc. is a private company which is mainly used by ‘associations’ such as Lawyers, Engineers and Accountants. The Company’s Name must end with the word “Incorporated”.
    It operates on the principle of ‘personal liability’. This term means that the directors of the company, as well as previous directors, will be responsible for the debts of the company.

    The owner of a Personal Liability Company Inc. is considered separate from the company. That means the creditors cannot seize the owner’s personal assets such as a home or Investments.

    [/group] [group companydescription-EXT]
    External companies are those foreign companies which carry on business or non-profit activities within the Republic of South Africa, subject to sections 23(2) and 23(2A). What constitutes "carrying on business" was radically altered by the insertion of section 23(2A) with the first Amendment Bill. The result was that the majority of foreign companies undertaking transactions or making investments in South Africa will now not be required to register as external companies.

    [/group] [group companydescription-SHAREBLOCK]
    A Share Block is a form of property ownership and is applied in cases where the land is leasehold and not freehold property since the property is either registered in the name of, or leased by a Share Block Company.

    The Share Block Company acquires title to property by means of registered title, use or lease and certain occupation and other rights are then conferred in the Memorandum of Incorporation and in the Use Agreement entered into between the Share Block Company and the holders of shares in such a Company.

    The purchaser of a unit in the Share Block becomes a Shareholder in the Company and is then entitled to occupy that specific unit in terms of the said Use Agreement. The Memorandum of Incorporation provides that a shareholder shall be entitled to the use of a specified part of the immovable property in respect of which the Company operates the Share Block Scheme on the terms and conditions set out in the said Use Agreement.

    [/group]
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    Your date of birth[/date]


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    [/group] [group directors-8]
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    [/group]

    Shareholders Details


    [group shareholders-other]

    [/group]
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    [/group]