FAQ

Home – Frequently Asked Questions

  • Only individuals can become members of a CC.
  • Minors under the age of 21 can become CC members, but they can only participate in management if their legal guardian submits a written letter along with the CC registration, stating their consent.
  • You can be a member of multiple CCs if you wish.
  • A CC can have a minimum of 1 member and a maximum of 10 members.
  • When a CC has more than one member, it’s advisable to create an association agreement that outlines the roles and responsibilities of all members. This agreement can also serve as a valuable tool for resolving disputes among members. We can assist in drafting the association agreement for your CC.
  • When choosing your name it is important to choose a name that will most likely be accepted by Cipro otherwise this can cause delays in the registration process.
  • Avoid names containing “International”, “Projects” or “National” for example Johannesburg International, Johannesburg Projects or Johannesburg National. These names will likely be rejected by Cipro as they can be misleading.
  • In the case of surnames, only surnames of the members, directors or major shareholders will be allowed.

No, it is not permissible to display a trading name on the Close Corporation forms. According to the Close Corporations Act, only the registered name and the allocated registration number by CIPRO can be featured on official documents. The trading name should be registered separately with banks and can be used on the business’s cheque book and letterhead.

  • Yes, it is permissible, provided that both the registered address of the close corporation and that of the Accounting Officer are located in South Africa. In cases where the members do not possess South African identity documents, they must provide the following information:
  • Date of birth (to be entered on the form in place of the Identity number)
  • An explanation for the unavailability of identity documents and disclosure of their nationality.