Amend a Close Corporation's Details (Add/Remove Member(s) etc

By: Myfinance-online  11-11-2011
Keywords: Online Application Form

1. When will I receive the draft CK2 document to be signed?

Within 2 days from submitting your order and payment to us.

2. Who needs to sign the draft CK2 document?

All current members as well as new/resigning members where applicable.

3. Are there any additional costs involved?

No, the fee of R450 is all inclusive.

4. What are the steps to change the CC name and/or principal business?

The new proposed names are send to the Registrar who will test the names for comparative names. The new names must also be in line with the current/new principal business of the CC.

5. Why must I submit 6 names?

The Registrar will test a maximum of six names. If only one name is submitted and not approved there are no other names to test and therefore the name reservation process will need to be started from scracth.

6. How long does the name reservation process take?

Currently 30 working days with CIPRO. This is unfortunately totally in CIPRO's hands. There is nothing we or anyone else for that matter can do, to speed up the process.

7. How long does the amendment process take?

Currently 8 -12 weeks with CIPRO (after name has been approved). This is unfortunately totally in CIPRO's hands. There is nothing we or anyone else for that matter can do, to speed up the process.

8. How will I know when the changes to my CC has been affected?

As soon as we receive the amended founding statement (CK2) from CIPRO your oder status will be updated and the electronic form will be e-mailed to you directly.

  9. How do I change the accounting officer of a CC?

We do not render this service as the new accounting officer should be able to assist you with this.

10. Can I still make changes to a CC even though new CC's can't be registered?

Yes, any changes, names, members etc. can still be made to existing CC's.

You have to be a registered user and logged to submit the online application form below.

Registration is free and will take 1 minute.

(Ignore this message if you are already logged in)

Although no new CC's can be registered as from 1 May 2011 changes can be made to any existing CC.


Amend an Existing CC's Details/Members

1. How does it work? Step 1 - fill in the form below.Step 2 - pay the R450 online via credit card or any other way.
Step 3 - we will  e-mail a draft CK2 to you which must be signed by all parties. This orginally signed form together with certified copies of the ID's must then be posted to PO Box 28845, Danhof, 9310. We do the rest. As soon as the CC details are amended  you will receive the amdended fouding statement (CK2) via e-mail. 
2. What is the turnaround time? To change a CC's details at the Registrar can take anything between 8 and 12 weeks to complete. It all depends on the workload at the Registrar and it can be quicker or in some instances take longer.

Keywords: Online Application Form

Other products and services from Myfinance-online


Submit Annual Return for Close Corporations/Companies (with CIPC

The entity will be referred for deregistration and then eventually de-registered from CIPC database which can mean that bank accounts will be frozen, no credit can be applied for etc. Confirmation that the Registrar is in possession of the latest information of the close corporation/company. Each close corporation/company is compelled in terms of the Act to lodge an Annual return once a year.



Please make sure you have all the information on hand needed for every specific form before you start completing it. Turnaround time for the service.


Convert a Close Corporation (CC) into a Private Company Pty (Ltd

Although not compulsary it is highly recommended that you convert your current Close Corporation into a Company as defined in the new companies act of 2008. Just complete the attached form, make payment for the R350, and post the signed Power of Attorney and statement of Consent forms to us. We will send the incorporatiion certificate to you as soon as the conversion has been done by CIPC.


Restore a De-registered CC/Company - Online financial service

The fee of R450 is all inclusive (CIPRO/CIPC fees included) This fee is for restoration of a CC/COMPANY only,and obviously it doesn't include the fees for annual returns as explained in point 3 above. When annual returns are not submitted over a period of time CIPRO/CIPC will come to the conclusion that the CC/COMPANY is not in business anymore and de-register the CC/COMPANY.


Register A Company - Online financial service

A private company will still be prohibited from offering its shares to the public and the transferability of its shares will be restricted, but it may now have more than 50 shareholders. IF YOU DON'T FEEL LIKE DOING IT ONLINE YOU CAN DOWNLOAD THE APPLICATION FORM HERE. It will be the duties of the directors to see to it that proper records are kept. Same skill and experience of that director – a reasonable man/women test.


Register a Close Corporation/Company for income tax and obtain a tax clearance (tax clearance optional

If you selected the option to receive a tax clearance certificate, it will be posted via priority mail to the client as soon as the entity is registered for income tax. If already registered the business need not to register for a separate income tax number as all income must be declared in the owner’s personal capacity.


Register as individual taxpayer - Online financial service

If you don't want to follow the online route you can e-mail your latest IRP5 document, together with your banking details and proof of payment of R325 to and you will receive your tax number within 5 hours. On average you will receive your income tax number within 5 hours and in worst case scenarios (SARS systems down etc) you will receive you income tax number within 48 hours.


New Companies Act 2008 - effective from 1 May 2011

The restoration of de-registered enties has also been changed with more info/supporting documents now required to restore an entity. The new Companies act has now been implemented introducing quite a few changes in the registrations of companies. No new Close Corporations can be registered anymore.