New Company (Pty) Ltd Registration
Registering a (Pty) Ltd or Private Company establishes a legal entity, separate from its owners, and requires registration as a taxpayer. Here’s what you need to know:
- (Pty) Ltd: Stands for “Proprietary Limited”
- Directors: Can be started by 1 Director/Incorporator with the option to add more.
- Shares: Restricted from offering shares to the general public.
- Name: Must end with “(Pty) Ltd”.
Required Information and Documents:
- Number of directors and their ID copies
- Four proposed names in order of preference
- Postal and physical address of the company
- Company contact details (email addresses and contact numbers)
- Details of intended director/s (addresses, contact numbers, and email addresses)
- Limited Power of Attorney for registration
Registration Process:
- Step 1 (Name Reservation): 1-2 working days
- Step 2 (Company Registration): 3-5 working days
What You Receive:
- Registration certificate (COR 14.3)
- Notice of Incorporation (COR 14.1)
- Confirmation of initial directors (COR 14.1A)
- Memorandum of Incorporation (MOI) (COR 15.1A)
- Share certificate (if required)
- Optional:FREE Bank Account
Cost:
- Registration Fee: From R600
Experience a smooth and efficient registration process for your new (Pty) Ltd company, ensuring compliance and legal establishment.