Personal Liability Company (INC) Registration

Personal Liability Company (INC) Registration

A Personal Liability Company also known as a ”INC” is another type of company that does not differ much from a (Pty) Ltd. A Personal Liability Company specifically suits a professional such as an Auditor, a Doctor or an Attorney who wants to register a company for his or her practice. The only difference is that the directors are jointly and severally liable for the company’s debts.

 

A Personal Liability Company ends with “Inc.” or “Incorporated”

 

To register a Personal Liability Company (INC), the following documents and information is required:

  • The number of directors the company will have along with their ID copies
  • Four proposed names in order of preference.
  • The postal and physical address of the company.
  • Company contact details (this includes email addresses and Telephone numbers)
  • The details of the intended director/s. (this includes addresses, contact numbers and email addresses)
  • A limited Power of Attorney in which you give us the authority to register a company on your behalf, signed by all intended director/s (which you can download here).

Once the INC has been registered, you will receive the following documents via email:

  • A registration certificate COR 14.3
  • A Notice of Incorporation COR 14.1
  • Confirmation of the initial directors appointed to the company COR 14.1A
  • Memorandum of incorporation (MOI) COR 15.1B
  • Share certificate (as required)

 Cost for INC Registration: R 1 199.00

Live Covid-19
United States 34,374,882
Cases: 34,374,882
Deaths: 616,422
Recovered: 28,639,801
Active: 5,118,659
India 29,761,964
Cases: 29,761,964
Deaths: 383,521
Recovered: 28,573,021
Active: 805,422
Brazil 17,702,630
Cases: 17,702,630
Deaths: 496,004
Recovered: 16,077,483
Active: 1,129,143
France 5,749,691
Cases: 5,749,691
Deaths: 110,634
Recovered: 5,536,319
Active: 102,738
Turkey 5,354,153
Cases: 5,354,153
Deaths: 49,012
Recovered: 5,219,797
Active: 85,344
Russia 5,264,047
Cases: 5,264,047
Deaths: 127,992
Recovered: 4,839,705
Active: 296,350
United Kingdom 4,600,623
Cases: 4,600,623
Deaths: 127,945
Recovered: 4,296,246
Active: 176,432
Italy 4,249,755
Cases: 4,249,755
Deaths: 127,190
Recovered: 4,023,957
Active: 98,608
Argentina 4,198,620
Cases: 4,198,620
Deaths: 87,261
Recovered: 3,791,979
Active: 319,380
Colombia 3,829,879
Cases: 3,829,879
Deaths: 97,560
Recovered: 3,565,158
Active: 167,161
Spain 3,753,228
Cases: 3,753,228
Deaths: 80,634
Recovered: 3,540,569
Active: 132,025
Germany 3,727,624
Cases: 3,727,624
Deaths: 90,820
Recovered: 3,594,700
Active: 42,104
Iran 3,070,426
Cases: 3,070,426
Deaths: 82,619
Recovered: 2,708,743
Active: 279,064
Poland 2,878,276
Cases: 2,878,276
Deaths: 74,734
Recovered: 2,649,535
Active: 154,007
Mexico 2,463,390
Cases: 2,463,390
Deaths: 230,624
Recovered: 1,962,152
Active: 270,614
Ukraine 2,227,225
Cases: 2,227,225
Deaths: 51,902
Recovered: 2,145,660
Active: 29,663
Peru 2,015,190
Cases: 2,015,190
Deaths: 189,522
Recovered:
Active: 1,825,668
Indonesia 1,950,276
Cases: 1,950,276
Deaths: 53,753
Recovered: 1,771,220
Active: 125,303
South Africa 1,786,079
Cases: 1,786,079
Deaths: 58,323
Recovered: 1,623,319
Active: 104,437
Netherlands 1,676,708
Cases: 1,676,708
Deaths: 17,722
Recovered: 1,588,600
Active: 70,386
Czechia 1,665,660
Cases: 1,665,660
Deaths: 30,257
Recovered: 1,631,027
Active: 4,376
Chile 1,498,231
Cases: 1,498,231
Deaths: 31,140
Recovered: 1,426,275
Active: 40,816
Canada 1,405,983
Cases: 1,405,983
Deaths: 26,009
Recovered: 1,366,351
Active: 13,623
Philippines 1,339,457
Cases: 1,339,457
Deaths: 23,276
Recovered: 1,257,774
Active: 58,407
Iraq 1,274,629
Cases: 1,274,629
Deaths: 16,811
Recovered: 1,188,422
Active: 69,396
Sweden 1,084,636
Cases: 1,084,636
Deaths: 14,537
Recovered: 1,037,169
Active: 32,930
Romania 1,080,070
Cases: 1,080,070
Deaths: 32,115
Recovered: 1,044,773
Active: 3,182
Belgium 1,077,758
Cases: 1,077,758
Deaths: 25,110
Recovered: 1,006,824
Active: 45,824
Pakistan 945,184
Cases: 945,184
Deaths: 21,874
Recovered: 887,095
Active: 36,215
Portugal 861,628
Cases: 861,628
Deaths: 17,057
Recovered: 817,754
Active: 26,817
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