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According to the new companies Act of 2008, NO new .... can be registered with the CIPC. Select one:
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According to the Companies Act 71 of 2008 in South Africa, no new Close Corporations can be registered with the Companies and Intellectual Property Commission (CIPC). While existing Close Corporations continue to operate, the option to register new ones was removed by this Act.
The correct option is C.
- A. Private companies can be registered.
- B. Partnerships are generally formed by agreement and are not registered as companies under the CIPC.
- D. Sole proprietorships are not registered as separate legal entities with the CIPC.
The final answer is
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According to the Companies Act 71 of 2008 in South Africa, no new Close Corporations can be registered with the Companies and Intellectual Property Commission (CIPC). While existing Close Corporations continue to operate, the option to register new ones was removed by this Act. The correct option is C. A. Private companies can be registered. B. Partnerships are generally formed by agreement and are not registered as companies under the CIPC. D. Sole proprietorships are not registered as separate legal entities with the CIPC. The final answer is C. Close corporation