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New Company (Pty) Ltd Registration (Name Included)

New Company (Pty) Ltd Registration (Name Included)

A (Pty) Ltd or Private Company is a legal establishment on its own and has to be registered as a taxpayer in its own right. There is no restriction on the amount of shareholders it can have, but is restricted from offering its shares to the general public.

  • “(Pty) Ltd” stands for “Proprietary Limited”
  • A (Pty) Ltd can be started by 1 Director/Incorporator and can have as many directors as needed.
  • The name must end with “(Pty) Ltd”.
  • Transfers of shares are restricted.
  • Directors can be changed if needed by the company.
  • It will have a Memorandum of Incorporation once the company is registered.

To register a new company, the following information and documents are required:

  • The number of directors the company will have along with their ID copies
  • Four proposed names in order of preference
  • The postal and physical address of the company (which can even be the same as your residential address)
  • Company contact details (this includes email addresses and contact numbers)
  • The details of the intended director/s. (this includes addresses, contact numbers and email addresses)
  • 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).

The Company Registration process is divided into two steps:

Step 1: Name Reservations will be made, which will take between 3-5 working days. However, if there is a delay from CIPC due to system errors or work load, the process could take longer.

Step 2: Once the name has been approved, the Company Registration process will take place, which will take between 5-10 working days. However, If there is a delay from CIPC due to excessive workload, the process could take longer.

All in all, the process could take 2 – 3 weeks.

Once the company has been registered, you will receive the following documents via email:

  • 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)

Cost for New (Pty) Ltd Registration (Name Included): R 599.00