Private company
A company type commonly used for South African businesses, usually identified by '(Pty) Ltd' and regulated under the Companies Act.
Definition
A private company is separate from its shareholders and directors, but its records, MOI, shareholding, beneficial ownership, annual returns, tax position, and contracts still need careful management. The term often matters when checking authority, liability, ownership, due diligence, and company compliance.
Key takeaways
A company type commonly used for South African businesses, usually identified by '(Pty) Ltd' and regulated under the Companies Act.
Corporate Law
Book Corporate Law Lawyer
Related legal problems
This glossary provides general information only and does not constitute legal advice.
Common situations
Register a company
Company compliance
Shareholder dispute
Related resources
Resources and guides
FICA Document Checklist
Document checklist for identity, address, source-of-funds, and verification steps in property matters.
ConveyancingChecklistCommercial Law Checklist
Commercial Law Checklist for preparing documents, facts, dates, and questions connected to corporate law.
Corporate LawFAQs
Private company FAQs
What does Private company mean?
A company type commonly used for South African businesses, usually identified by '(Pty) Ltd' and regulated under the Companies Act.
Find legal help
Lawyers and firms
Need help with corporate law?
Use this term as context, then compare relevant lawyers or law firms for your next step.