Close Corporation (CC)
Quick Answer
What is Close Corporation (CC)?
A close corporation is an older, simpler company form owned by members – no new CCs can be registered, but existing ones continue.
Close Corporation (CC) explained
CCs were replaced by the Pty Ltd under the 2008 Companies Act. Existing CCs keep filing CIPC annual returns and can convert to companies.
Who it applies to: Owners of existing CCs.
Cost: Annual return from R100.
Related terms and guides
Official source: CIPC (Companies and Intellectual Property Commission)
Always verify this information with official South African government sources. Rules, fees and thresholds change. Check SARS, CIPC, the Department of Employment and Labour or gov.za before you act.
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Last reviewed: September 2026 by the BizAnswers editorial team. How we write and check our guides.