Company conversions are an important secretarial transaction as Closed Corporations (“CC”) slowly become extinct. With the implementation of the new Companies Act 71 of 2008 (as amended), almost all of the advantages of having a CC can now be obtained by converting a to a Private Company (“Pty Ltd”). While this process still has to […]
Tag: PTY LTD
When a company has been converted from a CC to a (PTY) LTD, you might find that the company’s details on InfoDocs haven’t changed. The company on your profile in InfoDocs will not automatically update. Instead, you will need to add the company with its new registration number to your profile in order for all […]