Pretoria · South AfricaSubmission received
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South Africa × Corporate & Entity Services
Setting up companies abroad, and keeping them in good standing. In South Africa, that means local law, local regulators and local practice, handled by a qualified professional who practises there.
Pretoria · South AfricaJohannesburg · Tuesday 10 November
17:58
Local time
What the rules say in South Africa
From the South Africa market guide: the points that matter most for corporate & entity services, each with the source it was checked against.
Essentials guide · Source-checked research100% of statements checked against a source54 checked against an official source0 checked against a secondary sourceChecked 2026-10-19Not yet professionally reviewed
CIPC registers five types of company: private, public, personal liability, state-owned and non-profit companies.
Companies Act, 71 of 2008. A private company with a standard or customised Memorandum of Incorporation (MOI) is the usual vehicle for a foreign-owned subsidiary.Companies and Intellectual Property Commission (CIPC) · checked 2026-10-19A foreign company that conducts, or intends to conduct, business in South Africa must register with CIPC as an external company, and registration is made electronically.
Foreign companies. What counts as conducting business is set by section 23 of the Companies Act, 2008; confirm the position for the planned activities.Companies and Intellectual Property Commission (CIPC) · checked 2026-10-19All entities registered with CIPC, other than co-operatives, must file beneficial ownership information, defined by reference to the individual who directly or indirectly ultimately owns or effectively controls the entity.
Companies and close corporations; 'affected' companies (public and state-owned companies and certain private companies under the Takeover Regulations) and their subsidiaries file under a separate route.Companies and Intellectual Property Commission (CIPC) · checked 2026-10-19Newly incorporated entities must file beneficial ownership information within 10 business days of incorporation, and other entities must file an amended declaration within 10 business days of any change.
CIPC-registered companies and close corporations.Companies and Intellectual Property Commission (CIPC) · checked 2026-10-19From 1 July 2024 CIPC requires the beneficial ownership declaration to be filed with the annual return, which is due within 30 business days after the entity's anniversary date.
Companies and close corporations; an annual return cannot be completed by an entity that is not beneficial ownership compliant.Companies and Intellectual Property Commission (CIPC) · checked 2026-10-19The beneficial ownership obligations were introduced into the Companies Act, 71 of 2008, by the General Laws (Anti-Money Laundering and Combating Terrorism Financing) Amendment Act, 22 of 2022, with submissions effective from 24 May 2023.
Companies and Intellectual Property Commission (CIPC) · checked 2026-10-19CIPC indicates that professional practices such as lawyers or doctors may register as personal liability companies and should confirm the correct form with their professional regulator.
Regulated professions.Companies and Intellectual Property Commission (CIPC) · checked 2026-10-19Public companies, state-owned companies and private companies that have transferred more than 10 percent of their securities within the previous 24 months are 'affected' companies under the Takeover Regulations, as are their subsidiaries.
Companies Act, 71 of 2008; the Takeover Regulation Panel regulates affected transactions.Companies and Intellectual Property Commission (CIPC) · checked 2026-10-19Read the full guide: Entry, investment and company formation
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WONE Global Partners in South Africa
The other named professionals responsible for WONE Global work in South Africa.
Johannesburg · South AfricaWONE Global Partner · South Africa
Corporate finance, M&A, capital markets, strategic advisory and board governance professional.
Also in South Africa
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Cases
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