How To Register Business South Africa

You may apply for between 1 and 4 names during each application process.

How to register business south africa. There are five types of companies that you can register. Alternatively the company can register as an external company in terms of section 23 of the companies act. Vital documents needed to start a business in south africa after starting your business operations you are required by law to register for an income tax reference number from the exchequer within 60 days. Non south african applicants need passport copy as proof. Registering a business in south africa has become so easy the need to leave your house and stand in never ending queues is long gone in our technologically advanced world.

To complete the registration process the following supporting documents are needed. The easiest and most common way of registering however is via online through the cipc website portal. To complete the company registration process you will the following supporting documents. A company registration may vary between r125 and r475 r125 for a private company r475 for a non profit company registered without members. 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. The registration cost is 125 zar and this money can be paid via wire transfer. Firstly the company can register a south african subsidiary. Below we have laid out a step by step diy on how to register your company simply by using the companies and intellectual property commission cipc website portal www. It is important for a business person to register their business correctly.

In order to register the company online the applicant in this case the foreign entrepreneur has to register themselves as a customer on the cipc website. Register a sole proprietorship. The government will tax partners in the business depending on the share of ownership. At the time of registering a company you need to be 18 years or older. 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. Certified copy of applicant s id. Should i register my new small business for tax. A certified copy of the id of all the directors and incorporators of the company. A certified copy of the applicant s id.