Author: admin

Companies: Different legal entities

There are three legal entity types generally used in South Africa:

  • Trusts
  • Close Corporations and
  • Companies.

Although they share they share their status of juristic person, each of them has a specific purpose in modern day trading. Trusts are generally used for estate planning purposes whilst Close Corporations and Companies are generally used for trading purposes. We will cover the distinctive features of each type of entity in future posts. In this post we will take a look at the different types of companies that can be registered in South Africa:Read More

css.php