FAQ.

REGISTERING A COMPANY

FREQUENTLY ASKED QUESTIONS

In South Africa, companies are registered at the Companies and Intellectual Property Commissions Office- known as CIPC.

Steps to register a company:

  • Reserve a name – this name cannot be the same or similiar to a name already registered
  • Complete the details of the incorporators of the company (there must be at least 1)
  • Appoint the directors of the company (must be at least 1)
  • Complete the registered office address of the Company
  • Complete all details of the company, including email address and telephone number
  • Submit certified copies of the directors ID
  • Sign CIPC form completing registration

 

CIPC issues a company with:

  • A memorandum of incorporation
  • Certificate of Incorporation

A medium sized business should also have a shareholders agreement between the shareholders of the company

Before the New Companies Act 2008, this document was known as the Memorandum of Association and the Articles of Association – Now combined to form the Memorandum of Incorporation.

A MOI is the constitutive document of the company and is a compulsory document issued by CIPC. This document sets out:

  • The name of the company
  • The details of the incorporators of the Company
  • The share capital of the company (being the total number of shares that the company is entitled to issue to its shareholders)
  • The details of the shares issued to the shareholders
  • The provisions of the Companies Act
The MOI can be amended (only alterable provisions) by an amended MOI and a shareholders agreement.
The standard MOI is only suitable for a small company or where there is only 1 shareholder

 

Costs range between R550 to R1050

We have 3 packages available – other services are available on request

our packages include:

  1. Package 1: Company Name + Registration
  2. Package 2: Company Name + Registration + Memorandum of Incorporation
  3. Package 3: Company Name + Registration + Memorandum of Incorporation + Tax Certificate + BEE Certificate
  • Completion of our form with your details
  • Certified copies of your ID

Yes – We offer this service in Package 3

In gereneral, in order to trade, you will require at minimum:

  1. Registration of a private company
  2. Certificate of Incorporation
  3. Tax registration

Other requirements would include:

  1. BEE Certificiate
  2. Bank Account
  3. Share certificates

A company must file annual returns every year with CIPC

We suggest:

  1. A Business Plan
  2. A logo
  3. Letterhead
  4. Invoices
  5.  
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