If the company or close corporation was deregistered, can the company or close corporation still be re-instated (restored)?Yes but only if proofed that the entity was holding property or was active at the time of deregistration. Once a company or close corporation has been “final deregistered”, the company or close corporation or any other person may … Continue reading FAQ About reinstating a close corporation or company
Tag: close corporation
The first step when registering a company in South Africa is applying with the Companies and Intellectual Property Commission – CIPC. However, before you can proceed with the company registration, you need to cater for yourcompany name registration. Essentially, your company will exist as a separate legal entity, with its own name, authorised to conduct … Continue reading Formalising your business: Company name registration
Sole Trader/Proprietor: One person owns the business and the law makes no distinction between the person and the business that they are operating. The assets and debts of the person are also assets and debts of the business. Sole traders must refer to their business as "Name t/a (trading as) business name". Partnership: A business … Continue reading Types of business structures
Owners invested in a close corporation are certain to have heard of the new Companies Act of 2008 that published in the Government Gazetteer in April 2009. This new act is set to come into effect by early 2010 and holds many changes for close corporations and larger organisations as well. Building on previous Acts, … Continue reading The end of close corporations
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