| There are generally 5 types of companies: |
| » Private Companies are generally referred to
as "Pty's" (Proprietary Limited companies.) |
| » Public companies are companies that offer
shares to the public. |
| » Companies not for "gain" are commonly
referred to as Section 21's. |
| » External companies - Companies that are set
up in SA by foreigners |
| » "Off the shelf" companies where ownership
changes |
» Registration Procedure - The registration
procedure for a public or private company
involves a
detailed process and due to the complexities of the procedures
involved, the services of
attorneys must be used in the registration process |
