Company Registration -
The first thing you need to do for company registration is to start to think of possible
Points to note are
Think of four possible names, to be used during your company registration, all different from each other.
Check the spelling in an English dictionary. It costs to change it later.
If your name is close to another well known brand, reject it now, its not worth the trial trying to fight for the rights of using it.
Director and Shareholder Information
Choosing who is going to be in partnership with you, during your company registration, is probably one of the biggest decisions that any business owner needs to make during the process of company registration. A Director managers the business and a shareholder owns it. You will probably be both a director and a shareholder. However if you are in partnership then you may have more directors and shareholders.
You will need all their information such as Residential, Business and Postal addresses and cell phone numbers, as well as a good digital copy of their ID's on your computer. This you can do later, but without them we can not complete your company registration.
You will need a printer attached to your computer. This is often overlooked, however you will have to sign a document (called a power of attorney) that gives us the right to register your company on your behalf. This will need to be printed and faxed to us.
Although our competition boasts times that we believe are designed to mislead their clients, we know that a company registration usually takes about three weeks. We statistically analyze the speed of company registration and can usually predict the date of the arrival to a few days for your convenience. Although shelf companies are available they are not economical due to cost and time and therefore not advised.
Company Registration : Why do it?
When you run a business, you are taking a risk. You will probably be loaning money
from a bank or another institution to get you started. No-
Now if you are not registered as a company, you would have loaned the money in your own name, and are subsequently more responsible for the debt. The lender then could try to get the court to force you to sell your house and other assets to pay back the debt. You will have no protection under the company act as you did not register a company.
Now if you have completed Company Registration, and you loaned it in the name of your PTY, then there is more protection. The directors or shareholder could still be held responsible for the debt, however, but it does mean that the law sees the PTY as a legal entity, so their case is against a company, not against you. The fact that you registered your company could be a life saver.
There is no doubt about the fact, that a registered company looks like a proper company. Impression counts in business. You give a good impression, then you will probably get the job. A registration number also gives people an indication of how long you have been in business as the year of starting your company is found in the first four digits.
You can Tender
A lot of business can be gained through tendering for it. But you can not tender unless you are a registered business.
You can use the shares to raise money.
Call Centre : 021 595 4433
This is an agent page and is intended for usage of SwiftReg Agents only.
If you would like to login on our standard page please click here Main SwiftReg site
An agent is an individual that regularly registers companies on behalf of their clients. Individuals who have had a normal SwiftReg Login for a period and have done and completed a number of registrations on behalf of their clients may apply by emailing firstname.lastname@example.org