South Africa

South Africa is located at the southern tip of the continent of Africa. It is a middle-income, emerging market with an abundant supply of natural resources. It has well-developed financial, legal, communications, energy, and transport sectors and a stock exchange that is the 18th largest in the world. South Africa has a modern infrastructure which supports a relatively efficient distribution of goods to major urban centres throughout the region. South Africa company formation is cost-effective because of low government registration fees and the absence of a minimum capital requirement. South Africa has a Free Trade Agreement with the European Union (EU) which provides 95% of South Africa’s exports with duty-free access to the EU in the industrial goods and agriculture sectors. A South African company also has access to double taxation agreements South Africa has signed with a number of major trading nations. CompanyRegistrationWorldwide.com can assist you in all aspects of setting up a company in South Africa.

Setting up a Private Company in South Africa – what are the main features?

  • Must have a minimum of one director
  • No limit on the number of directors
  • Private companies are not allowed to offer securities to the public and are also restricted from transferring its shares
  • Registered private companies are granted Proprietary Limited or “(Pty) Ltd” status
  • No annual audits required if all requirements are met

 

Setting up a Personal Liability Company in South Africa – what are the main features?

  • Must have a minimum of one director
  • The Personal Liability Company and its directors, past and present, are jointly liable for any debts and liabilities incurred
  • This type of company is registered by professionals such as Doctors, Lawyers, Engineers, Accountants, etc.
  • Registered personal liability companies are granted Incorporated (Inc) status
  • The company name ends with “Incorporated” or “Inc”

 

Contact CompanyRegistrationsWorldwide.com for more information on incorporating a company in South Africa.

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