The FACTS and REAL COSTS of
registering your business for R125.00 “ONLY”
To make an informed decision to register your company for only “R125,00”,
please read below.
Companies that offer this service to register your new company for “only R125”, provide you with a company without a name or any of the statutory documents in terms of the Company Act:
- Minutes of the meeting of the first directors; (Not included in their R125,00 offer)
- Share Certificates; (Not included in their R125,00 offer)
- Company Register that is compulsory in terms of Sec. 50(1) of the Company Act 2008. (Not included in their R125,00 offer)
Our fee includes all the above, excluding the completed company register, which we provide for R125.00 excluding VAT.
Registering a company without a name will be known only by its registration number, followed by “(South Africa)”.
The Consumer Protection Act, of 2008 prohibits the use of unregistered business names unless a person trades under his or her full names as recorded in an identity document.
A person who therefore wants to trade under a business or trading name that is not registered as a company or CC name would have to register that business name under the said Consumer Protection Act.
Once you registered a company without a name, you will first have to reserve the company name of your choice, and then draft and special resolution with all the supporting documents, and then lodge the documents for registration with CIPC.
Registering a company without a name is an extremely risky endeavour as the trading name may be in conflict with an existing registered company name, trademark or defensive name.
In such an event, money spent on marketing and branding would have been wasted.
We provide you with all the statutory company documentation needed.
To register your company, or to buy a complete per-registered Shelf Company please click on one of the links below.
Our fee includes:
- Minutes of the meeting of the first directors
- Share Certificates
- Completed Company Register that is compulsory in terms of Sec. 50(1) of the Company Act 2008. (R125,00 additional)