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Legal Forms of Companies

Private Limited Liability Company
Number of partners: Minimum: 1, no upper limit.
Capital (max/min): No legal limit.
Shareholders and liability: Liability limited to amount of capital contributed.
Public Limited Liability Company
Number of partners: Directors: minimum of 3, no upper limit.
Shareholders: minimum of 1, no upper limit.
Capital (max/min): No legal limit.
Shareholders and liability: A member's liability is limited to the par value of the shares he/she owns.
Private Company
Number of partners: 1 partner.
Capital (max/min): No minimum capital.
Shareholders and liability: The active partner's liability is unlimited. 
Partnership
Number of partners: Minimum 2, Maximum 20 partners.
Capital (max/min): No minimum capital.
Shareholders and liability: The active partner's liability is unlimited. Associates' liability is limited to the amount of capital they contributed.
The Competent Organisation
Companies and Intellectual Property Registration Office
Company Directories
CIPC, Companies and Intellectual Property Commission
 
Setting Up a Company South Africa Sub-Saharan Africa
Procedures (number) 7.0 7.5
Time (days) 40.0 21.3

Source: Doing Business, 2016

 
Business Setup Procedures
Doing Business, to learn more about how to start a business in South Africa.
Companies and International Property Commission (CIPC)

Find out more about Operating a Business in South Africa on GlobalTrade.net, the Directory for International Trade Service Providers.

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Actualitzacions: May 2022

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