Starting a business in South Africa

Starting a Business in South Africa

Starting a business in South Africa
Starting a business in South Africa
The Companies and Intellectual Property Commission (“CIPC”) registers Companies and Co-operatives in South Africa. CIPC is a member of the dti group.

 

  1. Reserve a name for your company
  • As the business founder, you can secure a name for your business by reserving ta name or using a name that has been previously approved. You can also use the registration number provided by CIPC as the name of your company. You can reserve a name for your company by visiting the CIPC offices or via their website: cipc.co.za. Click on “on-line transactions” and select “name reservations”.
  • You would need to enter between 1 and 4 proposed business names. These are entered in order of your preference.
  1. Register at the Companies and Intellectual Property Commission (CIPC)
  • You can register your company by visiting the CIPCS or using one of the 4 different ways listed below:
    • Online through the CIPC website (cipc.co.za)
    • Self-service terminals
    • Certain bank branches
    • Email
  • You would need to provide information about the owners/ directors of the company as well details about the company such as the authorised shares, financial years end and contact information.
  • CIPCS will subsequently request for the following information:
    • Certified Identity document copies of the owners and directors
    • Certified identity document copies of the applicant
    • Signed registration forms.
  • It can take between 1 and 3 working days for your company to be registered. This is provided you have submitted all the necessary information and documents.