How To Register A Small Business Online In South Africa

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How to register a small business online in south africa. Company registration costs vary between r175 for a private company and r475 for a non profit organisation. Click on the relevant type of enterprise you would like to register. A business license allows you to establish a particular business in a specified area. Cipc always endeavour to improve the way we service our clients thus minimizing the cost of doing business in south africa. Starting a micro cash loan business in south africa a complete guide industry overview.

How to register a business in south africa. The lending industry in south africa has had its own share of ups and downs but it experienced a major growth surge in the mid 1990 s to early 2000 s. Government has now recognised that the small medium and micro sized enterprises smme sector is a key to creating new employment but it does not appear to appreciate that the actions of. Regardless of whether you are a making profit or the size of your company there are advantages to registering your business in south africa. Lack of interest and red tape choke fledgling businesses bdlive the environment for small businesses in sa is unusually harsh.

These include business name protection tax incentives financial assistance and business compliance. If you wish to run a franchise business you would register a private company. In most cases an sme can be either a sole proprietorship or a partnership. The south africa government services website has information on registering a business in all official languages. The department of trade and industry dti has launched the pilot phase of a new business website which aims to significantly improve the ease of doing business in south africa.

The license also ensures that your business and the business premises meet all of the building regulations public safety and health requirements. If one of your plans is registering a business in south africa especially a small business in the form of a small medium enterprise sme or a startup you will not have to register the entity like a company. Funding for various types of businesses is available through the industrial development corporation or the department of trade and industry s government investment incentives. Trading without a valid license is a punishable offense. There are five types of companies that you can register.

A company registration may vary between r125 and r475 r125 for a private company r475 for a non profit company registered without members. Each name reservation application costs r50.