Company Types in South Africa

	Voluntary Association	Trusts	Section 21 Company	Sole Trader	Close Cooperation	(PTY) LTD Company
Legal Structure	Common Law	common law and Trust and Property Control Act 57/1988	Companies Act 61/1973	Common Law	Close Corporations Act 69/1984	Companies Act 61/1973
Profit/Non-Profit status	NPO	NPO and Profit	NPO	Profit	Profit	Profit
NPO Directorate Registration required?	Not required	Not required	Required	Not required	Not required	Not required
Funders	Not Preferable	Somewhat preferable	Preferable	n/a	n/a	n/a
Tax Exemption	Does not qualify	Can Apply	Can Apply	n/a	n/a	n/a

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