Entity Registrations
Personal Liability Company Registration
R 1 600
7-10 working days
Product Description
A Personal Liability Company (PLC) is a unique business structure in South Africa where directors are jointly and severally liable for the company's debts and liabilities. This structure is often chosen by professionals such as attorneys, accountants, and doctors, as it reinforces accountability and professionalism, which can enhance client trust. My Accountant provides comprehensive registration services, guiding you through the CIPC requirements and ensuring your PLC is established correctly and efficiently, allowing you to focus on your professional practice with full legal compliance.
What's Included
- CIPC Name Reservation application
- Drafting and submission of Memorandum of Incorporation (MOI)
- CIPC registration of your Personal Liability Company
- Issue of official CIPC registration documents
- Initial tax registration assistance with SARS
Prerequisites
- Certified ID copies of all directors and shareholders
- Proposed company name options (3-4 choices)
- Registered physical and postal addresses for the company
- Contact details (email and phone) for all directors
- Details of business activities/industry