What names can I use for my business?
When choosing your name it is important to choose a name that will most likely be accepted by CIPC otherwise this can cause delays in the registration process.
Avoid names containing "International”, “Projects" or "National" for example Johannesburg International, Johannesburg Projects or Johannesburg National. These names will likely be rejected by CIPC as they can be misleading.
In the case of surnames, only surnames of the members, directors or major shareholders will be allowed.
Company facts
1. How many Directors are allowed in a Company?
A company must have at least 1 director.
2. How long does it take to register a Company?
New Company Registration R499
Corporate Package R4990
Gold Package R2499
Silver Package R1499
Clearance Package R998
BEE CERTIFICATE R499.00
Income Tax Number R499.00
Tax Clearance R499.00
Vat Registration R1999.00
Non Profit Organization R1200
Share Certificate R350
3. Can I register Company if I am listed on ITC?
Yes you can register a company if you are blacklisted at credit bureaus you will however have a problem to open a bank account.
4. Can foreigners register a Company in SA?
Yes, you will have to provide us with a valid passport copy or RSA ID Document and have a residential address in South Africa.
5. I don’t have an accounting officer. What do I do?
We will assign our own Accounting Officer at no extra cost. We will send you the necessary documents.
More
All companies are registered with CIPC (Companies and Intellectual Property Commission) and can be validated on their website. CIPC (Companies and Intellectual Property Commission) is a division of the DTi.
Company facts
1. How many Directors are allowed in a Company?
A company must have at least 1 director.
2. How long does it take to register a Company?
A Name Reservation takes between 7-21 days.(Depending on the workload of the DTi, CIPC )
A Company certificate can be registered within 3-5 days afterward, depending on whether you have submitted your documents on time, and the workload of the registrar's office.
3. Can I register Company if I am listed on ITC ?
Yes you can register a company if you are blacklisted at credit bureaus You will however have a problem to open a bank account.
4. Can foreigners register a Company in SA?
Yes, you will have to provide us with a valid passport copy or RSA ID Document and have a residential address in South Africa.
5. I dont have an accounting officer. What do I do?
We will assign our own Accounting Officer at no extra cost. We will send you the necessary documents.
More
All companies are registered with CIPC (Companies and Intellectual Property Commission) and can be validated on their website. CIPC (Companies and Intellectual Property Commission) is a division of the DTi.
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