New Pty ( New Name )

Do you need to register a Company? We will register your Company with your OWN unique company name at CIPC / DTI, in the quickest possible timeframe. 

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Advantages

(1) Start Trading

A Pty Company, registered at CIPC, allows a business to formally trade with its own Name and Bank Account. It may then also apply for beneficial certificates such as:

  • Letter of Good standing
  • BEE Certificate
  • Tax Number & Clearance
  • Many more…

(2) Unique Identity (different to other Pty options)

Your Company will have a unique identity which creates a ‘Brand’ as you choose a specific New Company Name.

(3) Liquidity

Private Companies are more liquid (easy to buy and sell shares) than other Company formations. Via share allocation the Company can consist of 1 to 50 shareholders / directors.

(4) Tax Benefits

A Pty Company qualifies to get tax advantages such as:

  • All business related expenses
  • Auto expenses (car related deductions)
  • Home Office Space
  • Medical Aid
  • Donations / Charity

(5) Minimise Risk

An individual is protected when trading under a Pty Company because the business is then a separate entity. Meaning that you (as the Owner / Director / Shareholder) take much less risk than when you are dealing under your own name.

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Requirements

  • You must be older than 18.
  • ID Document / Passport.
  • South African Business / Home Address.

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Process

(1) Search

Firstly we search the availability of the Company Name you want.

(2) Name Reservation

If your preferred Company Name seems to be available, we reserve that Company Name with CIPC. If your Company Name is already used, we will assist you to register an alternative Company Name suitable for your industry.

(3) Register

After we have successfully reserved your Company Name and received your required documentation, we will register your New Company at CIPC in the fastest timeframe possible.

(4) Certificate

After CIPC has registered your Company, the following documents will be made available on your Customer Account (we will notify you via email):

COR9.4: Name Reservation Certificate.
COR14.3: Company Registration Certificate (this used to be called the CK1 document for CC’s).
COR14.1 and CoR14.1A: Appointment of Incorporators and Directors.
COR15.1A: The Memorandum of Incorporation (MOI) – CIPC’s recommended version.

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