How To Simplify Cc Registration

By Author: Salvatore Andrea
Total Articles: 6261
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Looking to register a new company in South Africa and planning to fill out an application for CC registration? Hold fire a minute because the guidelines have changed for registering a CC and there’s something you need to know.

From 1st May 2011 a new act came into force with regards to CC Registration and it’s no longer possible to register a new close corporation. Instead the entire process has been simplified and instead of CC Registration you need to be looking for a PTY registration instead. Where CC Registration was superseded PTY registration is bang up to date and it lets you open and maintain a private company with greater efficiency.

Forget about CC Registration think about PTY instead and take the simpler approach to company listing.Why has CC registration changed?
PTY was introduced as part of the new Companies Act 2008 designed to enhance the dynamics of South African businesses. The new act has streamlined company registration procedures and CC Registration has been ditched in favour of PTY registrations instead.

Existing companies can apply for a CC to PTY conversion ...
... but new businesses that were considering registering a CC can no longer apply for a CC registration they need to use the new PTY system. It’s actually easier to complete PTY applications than it was to undertake a CC Registration particularly when experts in company registration are ready to lend a hand.Like most things in life change is often for the better and that’s certainly true when you compare outmoded CC Registration to new PTY registrations.

Take the fast, easy approach to CC registration.Now you know about the change in CC Registration what do you need to do?The smart move would be to contact a company that specialises in CC Registration, or rather, one that has completed numerous registrations in the past and can advise you on registering a CC in the future using the new PTY solution. They simplify the process and make it just as easy for you to undertake PTY registrations just like they did with a CC Registration in the past.

CC Registration might have changed but the level of service remains the same through experts that specialise in PTY registration and CC to PTY conversions.