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The quick, simple and professional way to register your Close Corporation... Just follow our easy step-by-step online registration application! We are stationed at the Registrar's premises for your convenience. To reserve your name (CK7) takes on average only 1 to 2 working days and the registration of your founding statement (CK1) another 1 to 3 working days. Duration of these processes may vary according to the work load at the Registrar's offices.
The advantages of registering a Close Corporation vs. a Company
- A close corporation is simpler and cheaper to register.
- A close corporation has the same corporate status as a company.
- A close corporation becomes a juristic person upon registration and then has the identical powers and capacity as a natural person.
- In the event of changes in its membership, a close corporation carries on existing as a juristic person.
- There are far fewer legal governances and provisions to comply with.
- It is not required for an auditor to be appointed because an audit need not be carried out.
- Except for certain exceptions, members have the same benefits of limited liability.
- The transfer of membership is uncomplicated.
- Registration of a close corporation is less complex and involved than a company.
Guidelines to registering your Close Corporation
List of fees for Close Corporations
The registration process
Payment
Online Application for Close Corporations
FAQ for Close Corporations
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