What is a (Pty) Ltd?

A (Pty)Ltd is a limited liability entity that is well-understood by business people all over the world.

The registration process of a (Pty) Ltd is very cumbersome and professional help is almost always sought. eCompanies will deliver your company and save you all the hassles that go with its registration.

For people who want the benefit of limited liability but prefer a simpler option as far as incorporation is concerned, then a cc is a good alternative.

(Pty) Ltd	Close corporation
The Pty is its own legal person independent of the directors. (Directors do become personally liable under certain circumstances)	The cc is its own legal person independent of the directors
Can have a maximum Of 50 directors	Can Have A Maximum Of 10 Members
A Pty can be a shareholder in another company	Pty's cannot have interest in a cc.
Comprise Of Directors And Shareholders	Comprise Of Members
Has a Memorandum	The Founding Statement is much easier to understand
Articles Of Association need to be registered	Articles Of Association are not required
Articles Of Association need to be registered	Articles Of Association are not required
No annual returns to be lodged.	No annual returns to be lodged.
Has a Share Capital	Has Member's Contributions
Has An Auditor (has to be a firm of Chartered Accountants)	Has An Accounting Officer (No need for a firm of C.A's)
Members Hold Shares	Members Hold Member's Interest
Limited Liability	Limited Liability

To order your cc or (Pty)Ltd please click here