How To Register Business South Africa
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.
How to register business south africa. Register your company you can register a company as a non profit company or profit company with the companies and intellectual property commission cipc. Alternatively the company can register as an external company in terms of section 23 of the companies act. At the time of registering a company you need to be 18 years or older. You may apply for between 1 and 4 names during each application process. How to register your business.
Firstly the company can register a south african subsidiary. Companies registered outside south africa may conduct business in south africa in two ways. Some service providers offer shoddy service with false promises about timing etc. The easiest and most common way of registering however is via online through the cipc website portal. Register a sole proprietorship.
Non south african applicants need passport copy as proof. Certified copy of applicant s id. 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. Should i register my new small business for tax.
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. A company registration may vary between r125 and r475 r125 for a private company r475 for a non profit company registered without members. A company registration may vary between r125 and r475 r125 for a private company r475 for a non profit company registered without members. To complete the company registration process you will the following supporting documents. A certified copy of the id of all the directors and incorporators of the company.
The registration cost is 125 zar and this money can be paid via wire transfer. Each name reservation application costs r50. We always tell you what to realistically expect as we have done so for thousands of clients. 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. A certified copy of the applicant s id.