How To Register A Business South Africa

The cipc self service terminals are located in pretoria johannesburg pretoria cape town or at an authorized bank like first national bank fnb.

How to register a business south africa. What forms and documents are required to reserve a company name online in south africa. To register a company in 3 easy steps click here. How to register your business. Each name reservation application costs r50. There are five types of companies that you can register.

The rise of highly successful startups and entrepreneurs in the last few years have led to many south africans wanting to start their own small businesses unfortunately for many the journey ends with the idea of being an entrepreneur because the process of registering a business in south africa may seem too complicated and expensive. The registration number and documents for the company business. Power of attorney if required. Firstly the company can register a south african subsidiary. For every new business established you are required to register with your local sars office to obtain an income tax reference number.

Alternatively the company can register as an external company in terms of section 23 of the companies act. Non south african applicants need passport copy as proof. The sars income tax number for the business. A certified copy of the applicant s id. If you wish to run a franchise business you would register a private company.

Some service providers offer shoddy service with false promises about timing etc. We always tell you what to realistically expect as we have done so for thousands of clients. It is important for a business person to register their business correctly. Register your company you can register a company as a non profit company or profit company with the companies and intellectual property commission cipc. To complete the company registration process you will the following supporting documents.

A company is a legal person which has capacity and powers to act on its own. A company registration may vary between r125 and r475 r125 for a private company r475 for a non profit company registered without members. Companies registered outside south africa may conduct business in south africa in two ways. Registration must be done within 60 days after starting operations by completing an it77 form available at your local sars office or from the sars website. But is this really true.