MRL2601 Assignment 2
(COMPLETE ANSWERS)
Semester 1 2026 - DUE 8
April 2026
[
, Question 1 1.1 Mandla and Suzan want to
incorporate a company called Uniq Ltd. Briefly
explain the steps that would need to be taken in
order to incorporate the company.· Choose and
reserve a company name
They must choose a name for the company and apply to the
Companies and Intellectual Property Commission (CIPC) to
have the name approved and reserved.
· · Prepare the incorporation documents
This includes completing the Notice of Incorporation (MOI) and
deciding on the company’s share structure, directors, and
registered office.
· · Submit documents to CIPC
The Notice of Incorporation, Memorandum of Incorporation,
and required supporting documents (such as certified IDs of
directors) are lodged with the CIPC, together with the prescribed
fee.
· · Appointment of directors
Mandla and Suzan must appoint at least the minimum number of
directors required by law and record their consent to act as
directors.
· · Receive the registration certificate
Once the CIPC approves the application, it issues a registration
certificate, and Uniq Ltd comes into legal existence as a separate
juristic person.
· · Post-incorporation matters
After registration, the company should open a bank account,
register for tax, and ensure compliance with ongoing legal
requirements.
(COMPLETE ANSWERS)
Semester 1 2026 - DUE 8
April 2026
[
, Question 1 1.1 Mandla and Suzan want to
incorporate a company called Uniq Ltd. Briefly
explain the steps that would need to be taken in
order to incorporate the company.· Choose and
reserve a company name
They must choose a name for the company and apply to the
Companies and Intellectual Property Commission (CIPC) to
have the name approved and reserved.
· · Prepare the incorporation documents
This includes completing the Notice of Incorporation (MOI) and
deciding on the company’s share structure, directors, and
registered office.
· · Submit documents to CIPC
The Notice of Incorporation, Memorandum of Incorporation,
and required supporting documents (such as certified IDs of
directors) are lodged with the CIPC, together with the prescribed
fee.
· · Appointment of directors
Mandla and Suzan must appoint at least the minimum number of
directors required by law and record their consent to act as
directors.
· · Receive the registration certificate
Once the CIPC approves the application, it issues a registration
certificate, and Uniq Ltd comes into legal existence as a separate
juristic person.
· · Post-incorporation matters
After registration, the company should open a bank account,
register for tax, and ensure compliance with ongoing legal
requirements.
