Vatco Consulting Services

Change Your Business Structure the Right Way

We help you convert your business type — from CC to Pty Ltd and more — fast and legally with CIPC.

Providing Quality Services
with Experienced Consultants

1. Schedule A Consultation

Visit our website and schedule a consultation with one of our experienced accountants.

2. Discuss Your Financial Goals

Our team will sit down with you to discuss your financial needs and goals, and develop a customized plan to achieve them.

3. Watch Your Business Thrive

We’ll work with you to implement the plan and ensure that your business is thriving financially.

What Is Business Type Conversion?

Business type conversion is the legal process of changing your company’s structure — for example, from a Close Corporation (CC) to a Private Company (Pty) Ltd — as registered with the Companies and Intellectual Property Commission (CIPC).

While CCs are no longer being registered in South Africa, many older businesses still operate under this structure. Converting to a Pty Ltd offers more flexibility, better access to funding, and a modern corporate governance framework.

 

Why Convert from CC to Pty Ltd?

  • ✔️ Easier to apply for tenders or funding

  • ✔️ Enables growth through added shareholders

  • ✔️ Modern legal structure compliant with the Companies Act

  • ✔️ Access to broader tax planning opportunities

  • ✔️ Recognised more widely by banks, investors, and corporates

 

Our Business Conversion Services

🔁 CC to Pty Ltd Conversion

  • Drafting and submission of required CIPC documents

  • Director and shareholder updates

  • Preparation of Memorandum of Incorporation (MOI)

📃 CIPC Compliance Filing

  • Ensure all historic annual returns are up to date

  • Handle final CC compliance and new Pty Ltd registration

📑 Custom MOI and Share Certificates

  • Create new share certificates for the Pty Ltd

  • Draft custom MOI if required

 

What You’ll Receive

  • New company registration documents

  • MOI and updated company constitution

  • Shareholder and director structure

  • Deregistration of CC (if applicable)

 

📌 Related Services

 

📄 Trusted Sources

Learn more

Frequently Asked Questions

🤔 FAQs: Business Type Conversions in South Africa

1. What is a business type conversion?

It’s the legal change of your company structure — for example, from a Close Corporation to a Private Company (Pty Ltd).

2. Can I still register a Close Corporation (CC)?

No. New CCs are no longer allowed. Existing CCs can continue or be converted to Pty Ltds.

3. Why should I convert from CC to Pty Ltd?

A Pty Ltd offers better legal protection, growth flexibility, and compliance with the Companies Act.

4. How long does the conversion take?

The process typically takes 2–4 weeks depending on documentation and CIPC processing times.

5. Will I need a new company name?

Not necessarily. You can retain your existing name, but some adjustments may be required for registration.

6. What happens to my old CC registration?

Once converted, the CC is deregistered, and your new Pty Ltd takes over all assets, liabilities, and contracts.

7. Can I convert a sole proprietorship to a Pty Ltd?

You can’t convert directly, but we can help you register a new Pty Ltd and transfer operations.

8. Is a custom MOI required during conversion?

Not required but recommended if you have special ownership, voting, or compliance needs.


 

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