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REGISTRATION OF INTER VIVOS TRUSTS
After the recent changes to the Close Corporation Act, an Inter Vivos Trust may,
effective from January 2006, own
the members interest in a Close Corporation, subjected to certain rules and
regulations.
We can assist you with the following:
 | Registration of a new Inter Vivos Trust to own the members interest. |
Our fees are (Valid from 01/08/2009 to 28/02/2010):
| Registration of a new Inter Vivos Trust consist of the: |
| Trust Deed - R5850.00 |
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Revenue Stamps - R100.00 |
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Depending on the workload of the Master of the High Court, the registration of a Inter Vivos can vary between
6 to 8 weeks |
| However, it is possible to register an Inter Vivos within 5 working days,
if our corresponding attorneys take the documentation through the relevant processes.
Our corresponding attorneys charge us an additional fee of R2850.00 for this special
service, which we have to recover from you. |
| Registration of the Inter Vivos Trust as the member of your Close
Corporation; |
Our fees are (Valid from 01/08/2009 to 28/02/2010):
| Registration of a new or an amendment to an existing Close Corporation
(CC): |
| New CC - Name Reservation (CK7) - R165.00 |
| New CC - Founding Statement (CK1) - R955.00 |
| Existing CC - Amended Founding Statement (CK2) - R660 |
| Depending on the workload of the Registrar of Close Corporations, the
lodging of a : |
| CK7 can vary from 2 business hours up to 7 business days; |
| CK1 can vary from 1 business days up to 4 weeks; |
| However, it is not possible to register a CK1 with a trust as the
member within 1 day, because the electronic loading facility does not
yet allow for a trust to be loaded as a member of the CC. |
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