Private Business Registrations

Before a CC can be registered it is necessary to apply for a proposed name. The name of your cc must always describe the principal business, main objective and activity of the CC.
Once the CC’s name has been approved and reserved, then only can the registration of the

There is quite often a need for the quick registration of a close corporation. Shelf CCs are pre-registered corporations, which are kept dormant until you, the client, choose to purchase one. The client chooses a name from a list of names that runs in sequential numbers. When a client or agent purchases a registered shelf CC, new members must be appointed. However, a client can start trading immediately while the entity is in process of having the members changed.

Registering a New Company

A company is a legal entity, which has capacity and powers to act on its own.
The registration procedure for a public or private company involves a detailed process and the services of attorneys must be used in the registration process.
Companies can have up to 50 directors and comprise of directors and shareholders. A company has share capital, can acquire its own shares under certain circumstances and can be a shareholder of another Company. In this process you are also able to choose your own name. This process is quite a long procedure and may take up to 2 months before your company is registered and ready for trading or investing.

Shelf Companies

The exact same procedure is applied to purchasing a shelf company as when purchasing a shelf CC. The same principal applies to both entities and the shelf company is also a pre-registered company which is kept dormant until you, the client, choose to purchase it. The client chooses a name that runs in sequential numbers of the same name and new directors must be appointed.
  

This article was written by Liezl Maree, of PB Registrations CC. Their main objective is to assist people in forming their own Companies and make it easier for them to focus on the more important aspects of running a business.
All the work that is carried out during these procedures is done by experienced personnel who specialise in Company secretarial services.

If you have any further queries regarding the above, you can contact Liezl on pbregistrations@yahoo.com