Closed Corporation vs Pty Ltd

Raevinn

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Joined
Jun 30, 2008
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So I'm doing a bit of affiliate marketing and want to make things more legit by registering as a business instead of doing it in my name.

Was wondering what would be the best option?

I basically earn 100% of my money over seas that is then wired back to me. Obviously I'd like to pay as little tax as possible. It's basically just myself that's involved in this so no need for other shareholders.

I've recently been offered a CC of a friend that doesn't need it anymore, but I can also go to the cipc to register my own PTY ltd if thats the better option. Just not 100% sure and trying not to spend extra cash on consulting a lawyer/accountant.
 
There are lots of threads discussing this very point (and some of my advice in there) ad infinitum. Best bet, do a search.
 
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