Business

(PTY) LTD Company Registration Certificates Explained in South Africa :

Let's acquaint ourselves with the various certificates related to the registration of a (PTY) LTD company. We will provide a detailed explanation of each document's purpose and the valuable information they offer.

(PTY) LTD Company Registration Certificates Explained in South Africa

Every company registration certificate holds significant value, and our aim is to provide you with comprehensive guidance about each one. Let's delve into the details and explore the purpose of each certificate.

Company Registration Certificate (COR 14.3)

This is the primary and most crucial document you will receive, commonly known as the company registration certificate. It plays a vital role in confirming key information about your company. Here's what you can expect to find on this certificate:

  • Registration number
  • Registered name
  • Registration and trading dates
  • Entity type
  • Company status
  • Financial year end
  • Registered addresses
  • Director information

Obtaining this document is a significant milestone after registering your company. It is often required when applying for tenders or compliance registrations.

Notice of Incorporation (COR 14.1)

The COR 14.1 certificate provides essential information regarding your company. It covers the following details:

  • Entity type
  • Registration date
  • Registered addresses
  • Number of directors
  • Registered name

Notice of Incorporation (COR 14.1A)

Another important document you will receive is the notice of incorporation, also known as the director's information document. This document confirms crucial details about the initial directors of your company, including:

  • Full name
  • Occupation
  • ID number and country of origin
  • Date of appointment
  • Cell phone number
  • Postal and residential address

It serves as an important record of your initial directors' information.

Memorandum of Incorporation (MOI) (COR 15.1A)

The COR 15.1 A, commonly referred to as the memorandum of incorporation (MOI), confirms the total number of shares your company is permitted to issue to shareholders. Additionally, the MOI is used to specify the rights each director or shareholder receives. You can also submit a customized MOI to the CIPC department to indicate your company's nature of business and specific business regulations/conditions.

SARS Income Tax Registration Certificate

All PTY LTD companies are automatically registered at SARS (South African Revenue Service) and receive an income tax number. The income tax registration certificate states the income tax number assigned to your company. These numbers are used when submitting company tax returns to SARS.

Companies receive an official black and white COR 14.3 certificate after registration, which is necessary when applying for business bank accounts or tenders/contracts.

COR 14.1, COR 14.1A, and COR 15.1A certificates are not automatically issued to companies upon registration. However, you can request incorporation certificates (also available in color) once your company is registered and you have received your company registration number.