A business name reservation is when you ask CIPC to approve and hold a name for you so that no one else can use it.
Once approved, CIPC reserves the name for 6 months, giving you time to complete your company registration.
π Why Would You Reserve a Name?
β 1. To protect your brand
No one else can register a company with that name while it is reserved.
β 2. To avoid last-minute rejection
Before registering a company, you want to confirm your name is available.
β 3. To take time to prepare documents
You might not be ready to register immediately, but you want to secure the name early.
π How Long Does It Last?
A name reservation is valid for 6 months.
If it expires, you can reapply.
π° Does It Cost Money?
Yes, CIPC charges R50 for a name reservation.
π Do You Need It to Register a Company?
Not always.
You have two options:
Option A: Register a company without a name
β Your company will be registered under a number (e.g., 2024/123456/07).
β You can add a name later by doing a name change.
Option B: Reserve a name first
β Recommended for branding or tendering businesses.
β You register the company using your approved name.
β Quick Example
You want to register βCreative Bookkeepers (Pty) Ltd.β
You check if the name is available β Reserve the name β Get approval β Use it when registering the company.
Leave a Reply