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Legal forms of companies

Private Limited Liability Company
Number of partners: Minimum: 1, no upper limit.
Capital (max/min): No legal limit.
Shareholders and liability: Liability limited to amount of capital contributed.
Public Limited Liability Company
Number of partners: Directors: minimum of 3, no upper limit.
Shareholders: minimum of 1, no upper limit.
Capital (max/min): No legal limit.
Shareholders and liability: A member's liability is limited to the par value of the shares he/she owns.
Private Company
Number of partners: 1 partner.
Capital (max/min): No minimum capital.
Shareholders and liability: The active partner's liability is unlimited. 
Partnership
Number of partners: Minimum 2, Maximum 20 partners.
Capital (max/min): No minimum capital.
Shareholders and liability: The active partner's liability is unlimited. Associates' liability is limited to the amount of capital they contributed.
The competent organization
Companies and Intellectual Property Registration Office
Search a Company or a Financial Report
CIPC, Companies and Intellectual Property Commission
 
Setting up a company Sud-àfrica Sub-Saharan Africa
Procedures (number) 7.0 7.5
Time (days) 40.0 21.3

Font: Doing Business, 2016

 
Creation procedures
Doing Business, to learn more about how to start a business in South Africa.
Companies and International Property Commission (CIPC)

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