Convert your Close Corporation (CC) to a Private Company (Pty Ltd) quickly and ensure your business structure complies with modern company legislation.
Our team can assist you with the CC to Pty conversion process for only R1990.
Complete the form below and our team will assist you with your conversion.
In 2009, CIPC stopped registering new Close Corporations. Under the Companies Act of 2008, the preferred business structure is now the Private Company (Pty Ltd).
Many businesses convert to access better growth opportunities and modern governance structures.
If you are starting fresh, see New Pty Registration.
Our service includes assistance with the full conversion process through CIPC.
Included in the conversion process:
The conversion process normally takes approximately 5 business days, depending on CIPC processing times.
CC to Pty Conversion
R1990 once-off
Once conversion is approved, you receive updated company documents including:
These confirm that the Close Corporation has been successfully converted into a Private Company (Pty Ltd).
After conversion, you may also need these services:
A CC to Pty conversion is the process of converting a Close Corporation into a Private Company (Pty Ltd) through CIPC. The business remains the same legal entity but adopts private company structure and governance.
Conversion offers advantages such as easier investment opportunities, improved business credibility, and alignment with current South African company law.
Members of the Close Corporation typically become directors and shareholders of the new Pty company. Their ownership interests are converted into shares.
Yes. After conversion, the company name will end with 'Pty Ltd' instead of 'CC'.
You receive updated company registration documents including the COR14.3 registration certificate, director appointment forms, and Memorandum of Incorporation (MOI).
A Close Corporation does not have shareholders because it does not issue shares. Once converted to a Pty company, the business will have shareholders who hold shares.
The process usually takes about 5 business days, although timelines may vary depending on CIPC processing times.
No. In most cases, the business remains the same legal entity and tax obligations continue with SARS.
Yes. Existing Close Corporations can still be converted to Pty companies even though new Close Corporations are no longer registered.