Close Corporation to Company Conversion
All existing close corporations can convert, but this is not compulsory.
You will retain your close corporation name.
Your new registration number will be e.g. XXXX/XXXXXX/07
Close Corporation to PTY Conversion
To make the abovementioned conversion, the following is required:
- Signed Power of Attorney Form
- Certified ID copies of the members
- CK documents of the Close Corporation
Turnaround Time: 2-3 weeks. However, If there is a delay from CIPC due to excessive workload, the process could take longer.
Cost for CC to Pty Conversion: R 999.00