name reservation

  • How does a company name reservation work??

    What is a name reservation? Before a company is registered, a name reservation has to be done. This refers to the process where the name that you want to use for the company is submitted to CIPC. CIPC then tests it against the database of registered names. CIPC account Once the name is approved, it is linked to your CIPC account. Every person who wishes to transact with CIPC, needs to register an account, and will receive a unique customer code. Why is the approved name linked to my account? The reason for this is to prevent another person to use the name that you have applied for. Therefore, the…