How To Register A Business South Africa

It is important for a business person to register their business correctly.

How to register a business south africa. To register a company in 3 easy steps click here. Firstly the company can register a south african subsidiary. The registration number and documents for the company business. A certified copy of the id of all the directors and incorporators of the company. A certified copy of the applicant s id.

Companies registered outside south africa may conduct business in south africa in two ways. We always tell you what to realistically expect as we have done so for thousands of clients. A company registration may vary between r125 and r475 r125 for a private company r475 for a non profit company registered without members. Register your company you can register a company as a non profit company or profit company with the companies and intellectual property commission cipc. Register a sole proprietorship.

How to register your business. What forms and documents are required to reserve a company name online in south africa. Non south african applicants need passport copy as proof. For every new business established you are required to register with your local sars office to obtain an income tax reference number. There are five types of companies that you can register.

But is this really true. 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. To complete the company registration process you will the following supporting documents. Power of attorney if required. Each name reservation application costs r50.

The convenience of business registration south africa is that you can do it online or in person at the designated terminals. The name confirmation certificate cor9 4 which is an application form downloaded at cipc. A company is a legal person which has capacity and powers to act on its own. The sars income tax number for the business. 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.