How To Register A Business South Africa

Non south african applicants need passport copy as proof.

How to register a business south africa. How to register your business. Register a sole proprietorship. Power of attorney if required. The sars income tax number for the business. To register a company in 3 easy steps click here.

To complete the company registration process you will the following supporting documents. Alternatively the company can register as an external company in terms of section 23 of the companies act. The convenience of business registration south africa is that you can do it online or in person at the designated terminals. The registration number and documents for the company business. A certified copy of the applicant s id.

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. Non south african applicants need passport copy as proof. Register your company you can register a company as a non profit company or profit company with the companies and intellectual property commission cipc. For every new business established you are required to register with your local sars office to obtain an income tax reference number. It is important for a business person to register their business correctly.

Each name reservation application costs r50. A certified copy of the id of all the directors and incorporators of the company. The name confirmation certificate cor9 4 which is an application form downloaded at cipc. We always tell you what to realistically expect as we have done so for thousands of clients. 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.

Some service providers offer shoddy service with false promises about timing etc. A company registration may vary between r125 and r475 r125 for a private company r475 for a non profit company registered without members. The cipc self service terminals are located in pretoria johannesburg pretoria cape town or at an authorized bank like first national bank fnb. Companies registered outside south africa may conduct business in south africa in two ways. But is this really true.