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Jurisdictions: South Africa

Basic information about the jurisdiction of South Africa


Legal form

Private Company (PTY Limited)


Mixed: Dutch and English common law


The company may have one shareholder, individual or legal entity, resident or non-resident of South Africa. The maximum number of shareholders is 50 people.


The company may have one director, resident or non-resident of South Africa.

Share capital

The minimum size for share capital is not established by law.


Only registered shares are allowed to be issued, they cannot be transferred to third parties without the consent of all participants.


Corporate tax for PTY companies in South Africa is:

Company resident - 7%

Non-resident company - 28%


Company reporting is required. Required: annual report and audit. However, companies are not required to submit financial reports to the Companies Registry.



* This information is informative, its use in practice requires additional advice on your individual business situation.