Last Updated on September 11, 2024 by Elidge Staff
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A Guide to Close Corporation Forms in Namibia
Are you searching for Close Corporation forms? Close Corporations in Namibia have to comply with various legal requirements, including filing different forms with the Business and Intellectual Property Authority (BIPA). These forms serve different purposes, such as applying for a name reservation or restoring the registration of a corporation. In this article, we will discuss the different Close Corporation forms available in Namibia.
Close Corporation forms available in Namibia
CC9 Form – Change of the End of the Current Financial Year:
Close Corporations have to report their financial year-end dates to BIPA. CC9 form is used to change the end of the current financial year. You can apply to bring the financial year-end date forward or extend it to a later date, depending on your corporation’s needs.
How to submit and complete the CC9 Form – Change of the End of the Current Financial Year
CC8 Form – Application for Reservation of a Name:
CC8 form is used to apply for a reservation of a name, translated form, or shortened form for a Close Corporation. This form is important because it ensures that the name of your corporation is unique and not already registered by another corporation.
How to submit and complete the CC8 Form – Application for Reservation of a Name
CC7 Form – Annual Duty Return:
Close Corporations are required to submit an annual duty return to BIPA. This is a legal requirement, and failure to do so can result in penalties or the deregistration of your corporation. CC7 form is used to file your annual duty return.
How to submit and complete the CC7 Form – Annual Duty Return
CC6 Form – Application for Voluntary Winding-up:
If a Close Corporation decides to cease operations and wind up the business, they can use CC6 form to apply for voluntary winding-up. This form must be signed by all members of the corporation and submitted to BIPA.
How to submit and complete the CC6 Form – Application for Voluntary Winding-up
CC5 Form – Lodging of Order of Court:
If a court has ordered the alteration, replacement, or addition to a founding statement, CC5 form is used to lodge the order with BIPA. This form is required to update the details of the corporation in the BIPA registry.
How to submit and complete the CC5 Form – Lodging of Order of Court
CC4 Form – Application for Conversion:
If a Close Corporation decides to convert to a different type of business entity, they can use CC4 form to apply for conversion. For example, a Close Corporation can convert to a Private Company if they wish to access more capital from the public.
How to submit and complete the CC4 Form – Application for Conversion
CC3 Form – Application for the Restoration of the Registration of a Corporation:
If a Close Corporation was deregistered due to failure to comply with legal requirements, they can use CC3 form to apply for the restoration of their registration. This form is important to restore the legal status of the corporation and ensure it can continue operations.
CC2 Form – Amended Founding Statement:
If a Close Corporation needs to change their founding statement, they can use CC2 form to apply for an amended founding statement. This form is important because it ensures that the founding statement is updated with any changes made to the corporation’s structure or operation.
How to submit and complete the CC2 Form – Amended Founding Statement
CC1 Form – Founding Statement:
CC1 form is used to register a new Close Corporation with BIPA. This form is important because it ensures that the corporation is legally registered and can start operations.
How to submit and complete the CC1 Form – Founding Statement
In conclusion, Close Corporations in Namibia have to comply with various legal requirements, including filing different forms with BIPA. These forms serve different purposes, such as applying for a name reservation or restoring the registration of a corporation. It is essential to know about these forms and their requirements to ensure your corporation complies with legal requirements. For more information, you can visit the BIPA website or consult with a legal professional.
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