The advantages and disadvantages of business entity types
was written in 2008.
You can no longer start a close corporation.
You can however, get one off the shelf (already registered).
There are also obviously new implications in the Companies Act, which would deserve an article in itself.
As there have been so many “hits”, looking for this article… I simple copied a pdf of it into this site for those that are still looking for it.
You can download it here: