FREQUENTLY ASKED QUESTIONS
How long does it take to register a company?
A company registration takes anywhere between three to eight days to register, depending on the customisation thereof, the workload of CIPC and whether the documents has been submitted in time. A name reservation takes between 7 and 21 days.
How many Directors are allowed in a company?
A company must have at least one director.
Can I register a company if I have been blacklisted?
Yes, you can.
Can foreigners register a company in South Africa?
Yes. In order to do this, but a valid passport copy and proof of residential address must be submitted.
Am I allowed to register a company without a company name?
Yes. According to the CIPC, in terms of the Companies Act, 2008, a company may be registered with or without a company name. A company that is registered without a reserved name will still get a registration number, this will automatically become the company’s name.
CIPC says the company can transact with a trading (business) name or may apply to add a reserved name at a later stage. In this case, the company will need to first reserve a name and then apply for a name change.