1st4CC: Business Services in , Nationwide

1st4CC

The most popular format for the establishment of a small business is a Close Corporation, widely known as a CC. Ownership rests in the hands of its members. The reason for the popularity of the CC format is that it is relatively inexpensive to set up and operate. Members assets are kept completely separate from those of the CC and they enjoy limited liability. An exception would be if it can be proven that the members acted negligently or have infringed against provisions of the Close Corporations Act. CC’s do not need to be audited and anyone with a recognized accounting qualification can assume the role of the CC’s accounting officer. 1st4cc can assist you in registering a Closed Corporation in your name.

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Simply Linked Since	08 Nov 2008
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