The South African Companies Act 2008 has changed the way to register a close corporation. In fact it has done away with the close corporation altogether. You now have to register what would have been a close corporation as a private company. For more information email me at murraymarilyn1@gmail.com or visit http://marilynmurray.wozaonline.co.za.
In short you can still buy a shelf close corporation. as existing close corporations remain legal.
To see the relevant part of the companies act go to http://www.acts.co.za/companies-act-2008/
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