"I have a Close Corporation and am happily running my business through it. Should I convert it into a private company - a PTY LTD Company?"
  Good question.
  Here are some of the reasons why people convert their CCs into PTYs:
» Better image - a PTY is more involved than a CC and may give the impression that the business is more established or better organised.
» More privacy - in a CC everybody knows who the members are - in a PTY, shareholders are not necessarily known to the public, as only names of directors must appear on letterheads, etc.
» Risk reduction - your family trust can own your PTY, thus protecting your business from the effects of possible personal estate sequestration - trusts cannot own CCs, only human beings can.
  If you would like to order a Conversion, please click here.