Back to Top

Add to Shortlist View Shortlist
Receive Email Alerts

Listing ID: 2717521

Close Corporation For Sale

Cape Town, Western Cape, South Africa


Revenue: not disclosed

Cash Flow: not disclosed

Business Description

Close Corporation registered with CIPC.
Tax clearance will be provided and no liabilities transferred,
Loan account credit to member/owner of R577 220,00 on the Balance Sheet. This is affectively worth R161621 at the current corporate tax rate of 28% in South Africa.
NOTE: The loan account credit to member/owner has no immediate cash value but can be repaid to the new owner from future trading profits. As it will be the repayment of a "loan" there is no tax liability.

Property Details


R 1

Inventory Value:

R 1

Operation Details


Business Relocatable


Reason For Selling:

CC is dormant as the business (trading entity) has been sold.

Copyright © 1997 - 2018 Dynamis Ltd and all subsidiaries.

Registered Address:
Dynamis Limited. Dynamis House, 6-8 Sycamore Street, London, EC1Y 0SW. United Kingdom.
VAT No. 747791385 Company
Registration Number: 3788210