This is what we Do
In terms of the Companies Act (2008) a company can be registered with or without a name; where a company is registered without a reserved name, it's registration number automatically becomes the company name. This is the quickest way to register a company, at a later stage, a preferred name can be reserved whilst a company is already in operation. In that case you might want to consider registering a Pty company which is the most common and simplest. It is comparable to a close corporation and it can be formed by at least one director. [Close corporations are no longer registered.]
Non Profit Companies
A non profit company is a company incorporated solely for public benefit or other reasons related to one or more of social/communal interest. The income or property of a non profit is therefore not distributed to its incorporators, directors, members or any other persons and must be used to advance the purpose for which it was created. A non profit must have at least three incorporators and /or directors at all times.
A co-operative is a distinct form of enterprise where a group of people or members get together voluntarily to address their common interests, such as to provide a service or a product. Profits, known as surpluses, are divided among members in relation to the amount of business each has contributed. Types of co-operatives include agriculture, marketing, housing, financial services, crafts, burial societies and so on. It can be formed by at least five members and should also adhere to certain requirements.
A shelf company can be a Pty or a Close corporation which is already registered at CIPC but never traded before and has no assets or liabilities. It is solely registered with the purpose of being sold at a later stage. Normally our clients would buy a shelf company from us if they have a tender or contract at hand which requires them to apply ASAP.