Close Corporation to Company Conversion
Navigating Financial Success Together
All existing Close Corporations are eligible for conversion to a Private Company (PTY Ltd), though this is not mandatory.
When converting, you will retain the existing name of your Close Corporation. However, your registration number will change to the company format, for example: XXXX/XXXXXX/07.
Close Corporation to PTY Ltd Conversion
To carry out the conversion, the following documents and information are required:
A signed Power of Attorney (provided by us)
Certified ID copies of all members
The CK documents of the Close Corporation
The process typically takes 2–3 weeks, but delays may occur depending on the CIPC’s workload.
Cost for CC to Pty Conversion: R 999.00