Company Registration at CIPC, SARS, COID, CUSTOMS, CIDB & More
Get Compliant from Anywhere, Easy and Fast!
CIPC has stopped the registration of all Close Corporations (CC’s) in 2009. Up to 2009 you could register a CC or a Private Company (Pty) Ltd, but under the Companies Act of 2008 these two company formats were ‘merged’ and the Pty Company format have been used by new companies ever since.
50 000+ Clients assisted since 2006
We Are South Africa's Most Popular 1-Stop-Shop for Entrepreneurs.
Our experts assist you with every step towards successful company compliance - within record timeframes!
If we cannot assist you, you are gauranteed
your money back.
With all our services, our clients get a free Website Domain & Design so that they can start trading ASAP.
“Fast & Professional”
My experience with company partners are amazing, I must say they helped me in a fast and professional way and guide me to register my new company. I will most definitely recommend anyone to partner with company partners when they have to setup/register a new company.
Ralston Fisher from R’s Kitchen (Pty) Ltd
“Simple & Effortless”
Company Partners is just what the name says, it is a partner to your company. It is a one stop shop for all your company needs and requirements – starting with a company registration. They make the process simple and effortless.
Conrad & Linda Webster from WebsterDesign (Pty) Ltd
“Great Value”
Stress-free process and all necessary matters are taken care of with valued services that saves time and money! Exactly what I needed setting up my new company. I can recommend Company Partners to anyone!
Anél Joubert from JJJ Cubed Consulting and Accounting Services (Pty) Ltd
1. Keep it ‘as is’. According to the current law (Companies Act of 2008), CC’s will continue to exist in its current form for the time being. Note that there are new requirements with which you need to stay up to date.
2. Convert your CC to a Private Company (Pty). This is definitely the safest option as the Companies Act correspond 100% with the Pty’s documentation. Also, to gain the Advantages which are included in the latest Company Act for Private Companies, it could be a smart move to convert your current CC to a Private Company. CC to Pty conversions are a common practice.
1. Share liquidity: Your company owners will now become shareholders and each will receive a certain amount of shares. This allows the company to get new investors / trade with their shares in the company very easily.
2. Imports and Exports: If your company deals with any international clients, a CC will not be recognised as a Company format most of the time. In this case it is best to convert your CC to a Pty soonest.
1. Your company will now have the words ‘Pty (Ltd)‘ at the end of its name instead of ‘CC’.
2. The current members will become the Company Directors. Each Director will have a number of shares in the PTY Company.
3. You will receive Company Documents in accordance with the latest Companies Act of 2008, as per below:
Both Close Corporations (CC) and Private Companies (Pty) count as a legal entities and have limited liability of members or shareholders. Close Corporations are often the type of company chosen by small business owners. CCs have members – up to a maximum of 10 natural people.
A CC is similar to a private company. It is a legal entity with its own legal personality and perpetual succession and must register as a taxpayer in its own right. A CC has no share capital and therefore no shareholders.
A Close Corporation and Pty (Ltd) Company is a juristic person. That is, it is a legal entity and exists in law independently of its owners, members and directors. The equivalent of a PTY LTD Company Memorandum of Incorporation (“MOI”) is the Close Corporation Founding Statement.
To get a conversion for your CC to a Pty, please complete the application form
We can assist you online from anywhere in the world.
0800 007 269 (Toll Free) during
Business Hours.
Our Office Hours
Mon - Thur: 08:30 am – 05:00 pm.
Fri: 8:30 am – 03:00 pm.
Sat: Closed.
Sun: Closed.
Cookie | Duration | Description |
---|---|---|
cookielawinfo-checkbox-analytics | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics". |
cookielawinfo-checkbox-functional | 11 months | The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional". |
cookielawinfo-checkbox-necessary | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary". |
cookielawinfo-checkbox-others | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other. |
cookielawinfo-checkbox-performance | 11 months | This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance". |
PHPSESSID | This cookie is native to PHP applications. The cookie is used to store and identify a users' unique session ID for the purpose of managing user session on the website. The cookie is a session cookies and is deleted when all the browser windows are closed. | |
viewed_cookie_policy | 11 months | The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data. |
Cookie | Duration | Description |
---|---|---|
ss | session | This cookie is set by the provider Eventbrite. This cookie is used for the functionality of website chat-box function. |
TawkConnectionTime | session | This cookie is set by Tawk.to which is a live chat functionality. The cookie is used to remember users so that previous chats can be linked together to provide better and improved service. |
Cookie | Duration | Description |
---|---|---|
_gat | 1 minute | This cookies is installed by Google Universal Analytics to throttle the request rate to limit the colllection of data on high traffic sites. |
YSC | session | This cookies is set by Youtube and is used to track the views of embedded videos. |
Cookie | Duration | Description |
---|---|---|
_ga | 2 years | This cookie is installed by Google Analytics. The cookie is used to calculate visitor, session, campaign data and keep track of site usage for the site's analytics report. The cookies store information anonymously and assign a randomly generated number to identify unique visitors. |
_gcl_au | 3 months | This cookie is used by Google Analytics to understand user interaction with the website. |
_gid | 1 day | This cookie is installed by Google Analytics. The cookie is used to store information of how visitors use a website and helps in creating an analytics report of how the website is doing. The data collected including the number visitors, the source where they have come from, and the pages visted in an anonymous form. |
_uetsid | 1 day | This cookies are used to collect analytical information about how visitors use the website. This information is used to compile report and improve site. |
Cookie | Duration | Description |
---|---|---|
IDE | 1 year 24 days | Used by Google DoubleClick and stores information about how the user uses the website and any other advertisement before visiting the website. This is used to present users with ads that are relevant to them according to the user profile. |
MUID | 1 year 24 days | Used by Microsoft as a unique identifier. The cookie is set by embedded Microsoft scripts. The purpose of this cookie is to synchronize the ID across many different Microsoft domains to enable user tracking. |
test_cookie | 15 minutes | This cookie is set by doubleclick.net. The purpose of the cookie is to determine if the user's browser supports cookies. |
VISITOR_INFO1_LIVE | 5 months 27 days | This cookie is set by Youtube. Used to track the information of the embedded YouTube videos on a website. |
Cookie | Duration | Description |
---|---|---|
_gat_UA-59636902-1 | 1 minute | No description |
_uetvid | 1 year 24 days | No description |
CONSENT | 16 years 6 months 23 days 10 hours | No description |
outbrain_cid_fetch | 5 minutes | No description |
RUL | 1 year | No description |