{"id":2185,"date":"2018-04-04T12:18:55","date_gmt":"2018-04-04T12:18:55","guid":{"rendered":"http:\/\/10.21.133.142\/?page_id=2185"},"modified":"2025-09-30T05:51:49","modified_gmt":"2025-09-30T03:51:49","slug":"foreign-company","status":"publish","type":"page","link":"https:\/\/www.cipc.co.za\/?page_id=2185","title":{"rendered":"FOREIGN COMPANY"},"content":{"rendered":"<p>[et_pb_section fb_built=&#8221;1&#8243; _builder_version=&#8221;4.16&#8243; background_color=&#8221;#e7e7e8&#8243; custom_padding=&#8221;0px|0px|0px|0px&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_row _builder_version=&#8221;4.16&#8243; custom_padding=&#8221;0px|0px|0px|0px&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.16&#8243; custom_padding=&#8221;0px|0px|0px|0px&#8221; global_colors_info=&#8221;{}&#8221; custom_padding__hover=&#8221;|||&#8221;][et_pb_text admin_label=&#8221;breadcrumb&#8221; _builder_version=&#8221;4.16&#8243; global_colors_info=&#8221;{}&#8221;]<br \/>\n[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=&#8221;1&#8243; specialty=&#8221;on&#8221; _builder_version=&#8221;4.16&#8243; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;3_4&#8243; specialty_columns=&#8221;3&#8243; _builder_version=&#8221;4.16&#8243; custom_padding=&#8221;|||&#8221; global_colors_info=&#8221;{}&#8221; custom_padding__hover=&#8221;|||&#8221;][et_pb_row_inner _builder_version=&#8221;4.16&#8243; global_colors_info=&#8221;{}&#8221;][et_pb_column_inner saved_specialty_column_type=&#8221;3_4&#8243; _builder_version=&#8221;4.16&#8243; custom_padding=&#8221;|||&#8221; global_colors_info=&#8221;{}&#8221; custom_padding__hover=&#8221;|||&#8221;][et_pb_text admin_label=&#8221;Main heading&#8221; _builder_version=&#8221;4.16&#8243; header_font=&#8221;|700||on|||||&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<h2>FOREIGN COMPANY<\/h2>\n<hr \/>\n<p>[\/et_pb_text][et_pb_social_media_follow url_new_window=&#8221;off&#8221; _builder_version=&#8221;4.17.4&#8243; text_orientation=&#8221;right&#8221; background_layout=&#8221;dark&#8221; module_alignment=&#8221;right&#8221; custom_margin=&#8221;-20px|||&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_social_media_follow_network social_network=&#8221;facebook&#8221; url=&#8221;https:\/\/www.facebook.com\/theCIPC\/&#8221; _builder_version=&#8221;4.17.4&#8243; background_color=&#8221;#3b5998&#8243; global_colors_info=&#8221;{}&#8221; follow_button=&#8221;off&#8221; url_new_window=&#8221;off&#8221;]facebook[\/et_pb_social_media_follow_network][et_pb_social_media_follow_network social_network=&#8221;twitter&#8221; url=&#8221;https:\/\/twitter.com\/thecipc&#8221; _builder_version=&#8221;4.22.2&#8243; background_color=&#8221;#000000&#8243; global_colors_info=&#8221;{}&#8221; follow_button=&#8221;off&#8221; url_new_window=&#8221;off&#8221;]twitter[\/et_pb_social_media_follow_network][et_pb_social_media_follow_network social_network=&#8221;youtube&#8221; url=&#8221;https:\/\/www.youtube.com\/c\/theCIPC&#8221; _builder_version=&#8221;4.17.4&#8243; background_color=&#8221;#a82400&#8243; global_colors_info=&#8221;{}&#8221; follow_button=&#8221;off&#8221; url_new_window=&#8221;off&#8221;]youtube[\/et_pb_social_media_follow_network][\/et_pb_social_media_follow][\/et_pb_column_inner][\/et_pb_row_inner][et_pb_row_inner use_custom_gutter=&#8221;on&#8221; gutter_width=&#8221;2&#8243; _builder_version=&#8221;4.16&#8243; background_color=&#8221;#e7e7e8&#8243; border_radii=&#8221;on|1px|1px|1px|1px&#8221; box_shadow_style=&#8221;preset3&#8243; global_colors_info=&#8221;{}&#8221;][et_pb_column_inner saved_specialty_column_type=&#8221;3_4&#8243; _builder_version=&#8221;4.16&#8243; custom_padding=&#8221;|||&#8221; global_colors_info=&#8221;{}&#8221; custom_padding__hover=&#8221;|||&#8221;][et_pb_text admin_label=&#8221;Content&#8221; _builder_version=&#8221;4.27.3&#8243; header_2_text_align=&#8221;left&#8221; header_3_font=&#8221;|700||on|||||&#8221; header_3_text_align=&#8221;center&#8221; header_3_font_size=&#8221;20px&#8221; custom_margin=&#8221;10px|||&#8221; custom_padding=&#8221;10px|10px|10px|10px&#8221; hover_enabled=&#8221;0&#8243; border_radii=&#8221;on|1px|1px|1px|1px&#8221; border_color_all=&#8221;#00727d&#8221; global_colors_info=&#8221;{}&#8221; sticky_enabled=&#8221;0&#8243;]<\/p>\n<p><span class=\"lead\">A foreign company is a company incorporated outside of South Africa, irrespective of whether it is a profit or non-profit company or carrying out business in South Africa. A foreign company is prohibited from offering securities to the South African public unless it follows the specific provisions of the <a href=\"https:\/\/www.cipc.co.za\/\/wp-content\/uploads\/Legal\/Regulations\/CompaniesAct71_2008.pdf\">Companies Act, 2008<\/a>, relating to offers to the public.<\/span><\/p>\n<p>A foreign company is required to register as an \u201cexternal company\u201d with CIPC if it conducts or intends to conduct business in South Africa. Section 23 of the Companies Act, 2008, lists a series of activities which will be regarded as conducting business.<\/p>\n<p>This list includes the following:<\/p>\n<ul>\n<li>Holding a meeting or meetings of shareholders or board of the foreign company, or otherwise conducting the internal affairs of the company;<\/li>\n<li>Establishing or maintaining any bank or other financial account;<\/li>\n<li>Establishing or maintaining offices or agencies for the transfer, exchange or registration of the foreign company\u2019s own securities;<\/li>\n<li>Creating or acquiring any debts, mortgages, or security interests in any property;<\/li>\n<li>Acquiring any interest in intellectual property; and<\/li>\n<li>Entering into contracts of employment.<\/li>\n<\/ul>\n<p>A foreign company\u00a0<strong>can only be registered electronically. Click\u00a0<\/strong><span style=\"box-sizing: border-box; margin: 0px; padding: 0px;\"><a href=\"https:\/\/eservices.cipc.co.za\" target=\"_blank\" rel=\"noopener\"><strong>here\u00a0<\/strong><\/a>to<\/span>\u00a0register.\u00a0<\/p>\n<p>Click<span>\u00a0<\/span><a href=\"https:\/\/www.cipc.co.za\/\/?page_id=3725\">here<\/a><span>\u00a0<\/span>for the CIPC service standards.<\/p>\n<p>For enquiries, click <a href=\"https:\/\/www.cipc.co.za\/?p=20734\">here<\/a> (only after the indicated service standard has lapsed).<\/p>\n<p>&nbsp;<\/p>\n<p>[\/et_pb_text][\/et_pb_column_inner][\/et_pb_row_inner][\/et_pb_column][et_pb_column type=&#8221;1_4&#8243; _builder_version=&#8221;4.16&#8243; custom_padding=&#8221;|||&#8221; global_colors_info=&#8221;{}&#8221; custom_padding__hover=&#8221;|||&#8221;][et_pb_sidebar orientation=&#8221;right&#8221; area=&#8221;et_pb_widget_area_1&#8243; show_border=&#8221;off&#8221; _builder_version=&#8221;4.16&#8243; header_text_align=&#8221;center&#8221; header_font_size=&#8221;16&#8243; text_orientation=&#8221;left&#8221; custom_padding=&#8221;5px|5px|5px|5px&#8221; border_radii=&#8221;on|3px|3px|3px|3px&#8221; border_color_all=&#8221;#00727d&#8221; global_colors_info=&#8221;{}&#8221;][\/et_pb_sidebar][\/et_pb_column][\/et_pb_section]<\/p>\n","protected":false},"excerpt":{"rendered":"<p> FOREIGN COMPANY A foreign company is a company incorporated outside of South Africa, irrespective of whether it is a profit or non-profit company or carrying out business in South Africa. A foreign company is prohibited from offering securities to the South African public unless it follows the specific provisions of the Companies Act, [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"parent":149,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_et_pb_use_builder":"on","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"class_list":["post-2185","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/www.cipc.co.za\/index.php?rest_route=\/wp\/v2\/pages\/2185","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.cipc.co.za\/index.php?rest_route=\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.cipc.co.za\/index.php?rest_route=\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.cipc.co.za\/index.php?rest_route=\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.cipc.co.za\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2185"}],"version-history":[{"count":19,"href":"https:\/\/www.cipc.co.za\/index.php?rest_route=\/wp\/v2\/pages\/2185\/revisions"}],"predecessor-version":[{"id":22879,"href":"https:\/\/www.cipc.co.za\/index.php?rest_route=\/wp\/v2\/pages\/2185\/revisions\/22879"}],"up":[{"embeddable":true,"href":"https:\/\/www.cipc.co.za\/index.php?rest_route=\/wp\/v2\/pages\/149"}],"wp:attachment":[{"href":"https:\/\/www.cipc.co.za\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2185"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}