How To Register Your Small Business In South Africa

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We always tell you what to realistically expect as we have done so for thousands of clients.

How to register your small business in south africa. An upfront cost between r125 and r475 is involved depending on the type of business you are registering. You can register online with companies and intellectual property commission cpic. The convenience of business registration south africa is that you can do it online or in person at the designated terminals. Registering a business the south africa government services website has information on registering a business in all official languages. Register as a vat vendor.

Non south african applicants need passport copy as proof. Register a sole proprietorship. Power of attorney if required. Sole proprietors or partners need to register as provisional tax payers directly. This process is actually quite simple.

And yes you can do it yourself. How to register your business. Funding for various types of businesses is available through the industrial development corporation or the department of trade and industry s government investment incentives. They provide a wide range of benefits to the company and company principals. The name confirmation certificate cor9 4 which is an application form downloaded at cipc.

When you start a business you will be required to register within 60 days of starting a business for an income tax reference number by completing a it77 form either at any sars office or online. For every new business established you are required to register with your local sars office to obtain an income tax reference number. Firstly the company can register a south african subsidiary. 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. 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. Alternatively the company can register as an external company in terms of section 23 of the companies act. The cipc self service terminals are located in pretoria johannesburg pretoria cape town or at an authorized bank like first national bank fnb. A company is a legal person which has capacity and powers to act on its own.

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