I was interested enough to give it another try. I wanted to see whether the company that I formed ended up with a name like K2021/123456/07, which is what happens if you take advantage of FNB’s offer.

I spent a frustrating half hour registering a new account at CIPC and setting up a password, then, when I tried to log in, I go an error message. Grrrr! I decided to give it another bash and clicked on the reset password button. I received an email allowing me to change the password, which I did. Then, when I tried again to log in I got the same error message.

So, now I know why people rather spend R1 980 to get us to form their company. In addition to what they would get from CIPC – if they succeeded there, they get my book “16 Steps to Business”, 6 months free bookkeeping and unlimited mentoring from me on Zoom or Google Meet. Plus they get the company name of their choice, share certificates, share register, Tax Clearance and B-BBEE affidavit.

I think it’s a no brainer.