South africa close corporation is made up of natural person , its member ' s " share " is called " interests " , the funds of the corporation are made up by member ' s " contribution " ; the establishment of south africa close corporation only need to submit a founding statement to registration office of south africa , south africa close corporations do not need article associational , but members can make association agreement regulate members " behavior ; south africa close corporation have neither shareholders nor board of directors , every member is entitled to participate in the management of the business and to act as agent for the corporation , every member owe a fiduciary duty and a duty of care to the corporation ; south africa close corporation belong to the company with limited liability , but if the members of close corporation violate the regulations of south africa close corporation act , they will lose the protection of limited liability 南非封闭公司由自然人组成，其成员的“股份”称为份额( interests ) ，公司的资金由成员的“出资” ( contribution )组成；南非封闭公司的成立只需向南非公司注册署提交成立声明( foundingstatement )即可，南非封闭公司不需要制订公司章程，但成员之间可以制订成员协议( associationagreement )来规范成员的行为；南非封闭公司不存在股东也没有董事会，公司的成员既是所有者又是经营者，其成员必须对公司尽信义义务；南非封闭公司属于有限责任的公司，但如果封闭公司成员违反了南非封闭公司法的有关规定，就会失去有限责任的保护。
