How To Register A Holding Company In South Africa

When a company is registered without a reserved name its registration number automatically becomes the company name with South Africa as the suffix. In this instance company X and Y must deregister and register company Z.

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This solution allows you to search for companies and close corporations as supplied by the Company and Intellectual Property Commission CIPC a division within the Department of Trade and Industry DTI.

How to register a holding company in south africa. This name may not be the same or similar to another registered company. Company X merges with company Y with aim of creating a new company Z. 1 Register the Holding Company.

It means that SA shareholders typically cant create an offshore holding company which owns their SA subsidiary companies. To register a private company you will need a unique name. Just follow our easy online registration process on how to register a company.

This is the quickest way to register a company. In terms of the Companies Act 2008 a for profit company eg. The board of directors normally manages a company except in relation to matters specifi cally conferred on other organs by the Companies Act or the articles.

Amalgamation or Merger may only be registered manually. Company registration at the CIPC isnt compulsory to run a legal business in South Africa. If you the shareholders are South African then the offshore company Offshore Co cant own the SA company SA Co.

File Articles of Incorporation to register the company Complete a Memorandum of Incorporation Complete a Notice of Incorporation Open a bank account Register for VAT and other taxes File for unemployment insurance with the Department of Labor Register for Occupational. Its setup steps include. The cost is only R 995 which will include.

If youd like to register a Holding Company CLICK HERE to look at our great Holding Package. Where two or more companies merge with aim of creating a new company. It is however extremely helpful.

The law sees a company in the same light as a natural person. How do you go about registering a Holding Company. This important point needs to be understood for its disorderly effect on international structures.

South African companies have a unitary board structure. To register a holding company you need to consult an attorney in order to lodge proper compiled documentation at CIPRO in Pretoria. Alternatively if you have any queries you can call us on our TOLL FREE phone number landlines.

The registration number and documents for the company business. To register a private company you will complete either a CoR 151A for a standard private company or a CoR 151B for a customised private company and a CoR 141. A new MOI is compulsory.

With the Companies and Intellectual Property Commission CIPC. CIPC or contact CIPC on 086 100 2472. The Shelf Co Warehouse registers most Companies and Close Corporations in South Africa.

To amalgamate or merge companies follow these. How we Setup your Holding Company Structure. We need to Register a Company as the holding company and appoint the main directors and shareholders.

The company business name reservation and. When registering a private company what information will I need to supply. SA Company is one of the most comprehensive online databases on companies in South Africa.

2 Shareholding of the Holding Company. Private company may be registered with or without a company name while a not for profit company must have a name. From there we will Register the other Subsidiaries and setup the shareholding within each Company in the group.

As far as holding companies are concerned you would need to register the holding company separately with the CIPC with its own name and registration number. To register a company in 3 easy steps - click here. For more information visit.

The board is comprised of executive and non-executive directors. Company Registration offers you both a company registration. The SARS income tax number for the business.

A company is a legal person which has capacity and powers to act on its own.

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