CoR15.1A (Standard Memorandum of Incorporation)

The CoR15.1A is the standard Memorandum of Incorporation (MOI) that’s automatically applied when you register a Private Company (Pty) Ltd, unless you choose to upload a custom one.

In simple terms, the CoR15.1A is a default rulebook for how your company will operate.

It’s already approved by CIPC and covers all the basics that a typical small business needs to run legally.

"What does the CoR15.1A include?"

The CoR15.1A outlines…

  1. How directors are appointed
  2. How company decisions are made
  3. How the business is governed
  4. Basic rights and responsibilities of shareholders and directors

It’s designed to keep things simple, especially if you’re the only director or just starting out.

"Is the CoR15.1A good enough for my business?"

Yes — in most cases.

So, if you’re a solo founder or running a straightforward business, the CoR15.1A usually covers everything you need.

It’s ideal if…

  • You’re the only director and shareholder
  • You don’t have complex investor agreements
  • You’re not issuing different types of shares
  • You just want to register and get started quickly

"Can I switch to a custom MOI later?"

Yes.

You can replace your CoR15.1A with a custom MOI at any time by submitting a CoR15.2 form to CIPC.

This usually happens when:

  • You take on investors
  • You need special rules for voting or dividends
  • You want to issue different types of shares

"What’s not included in the CoR15.1A?"

The CoR15.1A doesn’t allow…

  • Multiple share classes
  • Special shareholder agreements
  • Custom dividend rules or voting procedures

So if you need those features, you’ll need either the long-form MOI (CoR15.1B) or a fully custom MOI prepared by a professional.

"How do I get a CoR15.1A?"

You don’t need to do anything specific.

If you register your Private Company and don’t submit a custom MOI, the CoR15.1A is applied automatically.


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