As a result of the Shelf CC not being registered in your name initially when you buy one, you cannot open a bank account in the name of that Close Corporation until you are registered as a member. This means that you cannot trade with the Shelf CC until you are registered as a member [...]
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Close Corporation Registration – Difference Between Registering Your Own CC And Buying a Shelf CC
October 6th, 2011 
davidguide 
Posted in Business Loans 
Tags: accounting officer, ALREADY, business bank account, Buying, cc registration, close corporation, Disadvantages, member, member change, Registration, Shelf 
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