SOUTH AFRICA

1. What is Company Inc. (South Africa)?

There are many ways to start a business in South Africa. Most Popular Business Types are:-

Private Company Registration

  • The name of the company will end with “Pty (Ltd) or “Proprietary Limited”
  • To register a new Pty company a minimum of 1 director is required.
  • Each incorporator will become the first director of the company.
  • Private Companies may not offer shares to the public and restrictions are also placed on the transferability of their shares
  • A private company is the most common and simplest form of company to be registered.

Non Profit Company Registration

  • The name of a Non-Profit Company will end with "NPC".
  •  Incorporated by at least 3 persons for public benefit, social activities, communal or group Interest, etc.
  • Must have a minimum of 3 directors.
  • The primary objective is to be a benefit to the public and not to make profit.
  • Income/property may not be distributed to the incorporators, members, directors or officers

Personal Liability Company Registration

  • Personal Liability Companies are granted Incorporated or "Inc" status.
  • Incorporated by 1 or more persons for financial gain for the shareholders (owners).
  • As a professional you can register a company that you want to be personally liable for.
  • The company, its directors (past/present) are jointly liable for all debts/liabilities incurred.
  • This company type is suitable for individuals such as Doctors, Lawyers, Engineers, Accountants, Sole Traders, etc.

2. Requirements of Incorporating Company in South Africa?

  • Obtain Identification Number for Director/s- Identification No. is obtained for proposed directors.
  • Reservation of Corporate Name- The next step is to apply for a name. A minimum of one and Maximum four proposed names can be submitted in order of preference and available name will be approved. Company will only be added to the company registration queue after the proposed name has been approved.
  • Registration of Company- Final step towards incorporating a Company is to get it regd. with Companies and Intellectual Properties Commission

3. Documents Required?

  1. Two Passport Size Photographs of each director/subscriber.
  2. PAN Card (Self Attested & Certified by Gazetted officer/Notary) of each director/subscriber.
  3. Address Proof (Passport/Driving License/Voter id/ Aadhaar card ) (Self Attested & Certified by Gazetted officer/Notary ) (Details should match the details of PAN) of each director/subscriber.
  4. Copy of Proof of Proposed Reg. office in South Africa
  5. Other Forms/Documents required are to be Provided/Prepared by us.

4. Time Required for Company Incorporation?

Baxicorporate will get the company incorporated within 30-45 working days subject to processing time by South African Authorities.

5. Pricing ?

For Pricing and other details Click  

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15+ YEARS OF EXPERIENCE
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