New Pty (New Name)

Here you can Register a Company with a ‘New Name’ within 1 week! If you register a Pty you will be allowed to trade formally, have a bank account, grow, apply for Contracts / Tenders / Supplier Listings and much more! In the quickest possible timeframe we will register your Company at CIPC / DTI and this option allows you to choose your OWN unique Company name.

The Process

Search: We will search the availability of your Preferred Company Name and alternative names.
Reserve: Should your Company Name be available, we will reserve that Company Name with CIPC but if it is already in use, we will help you to register an alternative Company Name that is suitable for your industry.
Register: After successful reservation of your Company Name, we will register your New Company in the fastest timeframe possible.

Registration includes the following documents:

The following are the Registration Documents your business needs to operate as an entity after registration, and they are all included in your registration:

a) COR9.4: Name Reservation Certificate.
b) COR14.3: Company Registration Certificate (previously called the CK1 document for CC’s).
b) COR14.1 and CoR14.1A: Appointment of Incorporators and Directors.
c) COR15.1A: The Memorandum of Incorporation (MOI) – CIPC’s recommends this version.

Delivery of Documentation

Because CIPC issues all final and original documentation electronically, our online system can be used by anyone located anywhere in South Africa or Internationally. We will email all final and original documentation to you. On average it takes 1-2 weeks.

Advantages to have your own Company with a New Name

1. Unique Identity which is different from other Pty options

Because you choose a specific New Company Name, your Company will have a unique, “Brand-creating” identity.

2. Start Trading

Should a Pty Company be registered at CIPC, it allows a business to formally trade with its own Company Name and Business Bank Account.

3. Tax Benefits

A Pty Company qualifies for the following tax deduction advantages: Car expenses, Medical Aid, Donations / Charity, Home Office Space, All other business related expenses.

4. Minimise Risk

When trading under a Pty Company an individual is more protected because the business is a separate entity. This means that you as the Owner / Director / Shareholder takes much less risk than when you are dealing under your own name.

5. Liquidity

Private Companies are more liquid which makes it easy to buy and sell shares. Other Company formations are not. Via share allocation the Company can consist of 1 to 50 Shareholders / Directors.