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Personal Liability Companies are granted Incorporated or “Inc” status.
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Incorporated by 1 or more persons for financial gain for the shareholders (owners).
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As a business owner or professional you can register a company that you want to be personally liable for.
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The Personal Liability Company and its directors, past and present, are jointly liable for any debts and liabilities incurred.
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This type of company is normally registered by individuals such as Doctors, Lawyers, Engineers, Accountants, Sole Proprietors, Partnerships, etc.
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Our total all inclusive registration cost is R 1,295 for the company name reservation and company incorporation.
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