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Close Corporations (CC) South African Revenue Service

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Close Corporation, and Company - eServices

WebBoth Close Corporations (CC) and Private Companies (Pty) count as a legal entities and have limited liability of members or shareholders. Close Corporations are often the type of company chosen by small business owners. CCs have members – up to a maximum of 10 … Web[24] CIR v Butcher Bros (Pty) Ltd 1945 AD 301, 13 SATC 21 [25] Stander v CIR 1997 (3) SA 617 (C), 59 SATC 212, 1997 Taxpayer 174 [26] CSARS v Kotze 64 SATC 447 [27] Stevens v … WebOct 24, 2024 · The ‘Pty’ or ‘proprietary’ in ‘proprietary limited’ means that as a business structure, a limited number of shareholders own the shares in the company. In addition, … don\u0027t promise me a good time