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Thread: Registering a new business

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    Registering a new business

    Hi Guys!

    I wish I could still register a CC, but what is best type of company to register under the new companies act for a small type business? A CC would have been the perfect option because it is fairly cheap and relatively simple to register and acts as a legal entity. But I guess the times have changed...

    Regards,
    Johan

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    There was another discussion about this on another thread - you will have to look for it. But I am in the process of starting another business and we are buying a shelf cc that is older than 2008 and can be converted to a pty ltd within 2 years at no extra cost. We are also changing the name of the cc to a name that suits us, which we are presently applying for.

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    Site Caretaker Dave A's Avatar
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    Would this be the thread you're thinking of, Kevin?

    I think we covered some good ground in that one when it comes to companies vs cc's at the moment.
    The trouble with opportunity is it normally comes dressed up as work.

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    Hi Guys,

    There's a shorthand pty that is very similar to a CC & looks quite simple to register.
    You would require slight knowledge of directors & shares though.

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