How To Register A Small Business With Fnb

The automated approach allows entrepreneurs who wish to open a business bank account the opportunity to register their companies through the fnb online facility at no additional charge other than.

How to register a small business with fnb. How to register a business in south africa. In most cases an sme can be either a sole proprietorship or a partnership. You can also register your company via a bank including nedbank and first national bank. 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. Investment and insurance products are not insured by the fdic or any other federal government agency are not deposits or financial obligations of the financial institution are not guaranteed by the financial institution and they do involve investment risk including possible loss of principal.

To operate a company in south africa the company must be registered with the companies and intellectual property commission cipc of south africa prior to commencing business. It will cost the consumer r125 to register the company which excludes the name reservation since entrepreneurs can now trade with just their registration number as stipulated in the regulations of the companies acts. This innovative partnership is a first in south africa and will benefit big and small businesses in many ways says sanjeev orie head of products fnb business banking. Bank deposit products and services provided by first national bank of pennsylvania. Before a customer can access his internet banking account he must first register with fnb by following several steps.

What is the cipc and what does the law say. Like many other banks fnb bank offers its personal and business banking customers online access to checking savings and credit card accounts.