What can go wrong during Company Registration?
There are two main areas where we can run into problems in South Africa
Names are very important in Company Registration. In most cases many of our clients have already decided the name they must have and there are no other options. However the reality is that CIPC is very strict when it comes to names. If your names are rejected, during company registration, it can be quite devastating for you. Your 'dream' may have to change a little bit so that you can find a new name, and this creates delays, also you will need to provide proof of payment for the R110 for your new names and we arent able to proceed without these names.
The other thing that could go wrong is that your ID is not clear enough. CIPC likes to see your face clearly and if you send us bad copies or faxed copies then the image may descend into shades of black and white. We at Swiftreg try to warn you that it could be rejected and will request a better copy for company registration. This might take time for you to retrieve.
Franchises must have a signed, original letter from the owner of the name to register a company with that name. Failure for us to retrieve this from you will cause your name to be rejected which creates delays.
Id's are checked against Home Affairs
Owing to the fact that all ID's are checked against home affairs, married ladies, where there ID book does not reflect their new married name, may get rejected through the automated procedures. Such situations require a marriage certificate from this director and a manual process of submission, both of which take time, and delays the company registration procedure.
The same situation can occur if home affairs has some issue over your ID number, which is a database problem on their side and cannot be predicted. All of this can be solved through manual submission of your order to CIPC, but does create a delay
Delays from CIPC due to backlog
In the past the registrar has had some major problems. Sometimes just a re-arranging of the office can cause massive delays in the Name Application process, and in other times, whole batches just got lost and had to be resent. However at the time of writing a lot of these problems have been resolved. If we notice that during your registration procedure, so error occurs that prevents us from receiving the normal correspondence