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Frequently Asked Questions |
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How long will it take to register my cc or (Pty) Ltd?
Which product is good enough for me? (Pty) Ltd or cc?
Do I need a lawyer to assist with registration?
Are the shelf companies registered for VAT?
How do I know for sure that a shelf cc or (Pty) Ltd has not traded?
Do you sell vintage shelves (i.e entities registered a number of years back?
Can a non-resident incorporate a company in South Africa?
Can I select my own Accounting Officer?
Do you offer accounting services, and if so at what cost?
How long will it take to register my cc or (Pty) Ltd?
A shelf cc or pty is available immediately to you, however, for shelf companies new
directors/members have to be lodged. This normally takes two to four weeks from the day of lodgement.
The beauty of a shelf company is that you have an enterprise number that you can use immediately
while awaiting formal documents from the Registrar. However, for opening a bank account, banks generally insist
on waiting for documents from Pretoria.
For new cc or (Pty)Ltd the process takes 3 weeks on average, depending on the workload of the
Registration office.
eCompanies will deal with the Registrar on your behalf so that you don't have to. We will save
you the time it will take to wait on queues or wait for the post, and we will save you the hassle of of having to
relodge documents due to mistakes and omissions on your forms.
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Which product is good enough for me? A (Pty)Ltd or a cc?
A cc was created specifically to make it easy to start a legal entity. In terms of requirements, a Pty(Ltd) tends to be more demanding than a cc.
This makes a cc a lot more cheaper than a (Pty) Ltd. It is also cheaper to maintain a cc rather than a
(Pty) Ltd because of Companies Act which applies to a (Pty) Ltd. There is however more prestige
attached to operating a (Pty) Ltd than a cc. At eCompanies we are happy to help you with any type of
entity you choose.
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Do I need a lawyer to help me with company registration?
You do not need a lawyer for incorporation of a company. However, for any agreements that you and your fellow members
or directors need to sign, a lawyers is highly recommended.
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Are the shelf companies registered for VAT?
For a shelf entity to register for VAT, a business plan showing that the turnover will be more that R300 000 per annum will have to be provided. It is therefore not possible for us to project what the shelf will be used for.
We can arrange VAT registration for your entity for only R350.
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Do you sell vintage shelves (i.e entities registered a number of years back)?
We do not keep old shelf entities because we will be selling you entities that will have overdue tax returns and such baggage.
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Can a non-resident incorporate a company in South Africa?
Any non-South African can incorporate a company in South Africa, however, if you also need to come to
South Africa and run the business, you need relevant work permits offered by the Department of Home Affairs.
It is also possible to register an external company but you will need to use a South African address and a South African accounting officer for your South African office.
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How do I know for sure that a shelf cc or (Pty)Ltd has not traded?
We will send you a written confirmation and guarantee that your shelf has never traded.
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Can I select my own Accounting Officer?
The beauty of a shelf company is that you do not have to run around looking for an accounting officer at all.
However, if you'd like to use your own, you are most welcome to specify this information in your application.
Alternatively, you can change the accounting officer at any time after your documents have been delivered.
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Do you offer accounting services, and if so at what cost?
We do have an in-house accountant responsible for VAT registrations, financials and tax returns. For more information please click here or you can get a
quotation by emailing the accountant
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